Guitar Center 401(k) match, vesting and fees
What Guitar Center's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Hotlhouse Carlin & Van Trigt LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2021 medians for 429 defined-contribution plans in retail trade with 1,000 to 4,999 participants.
| Guitar Center: employer contribution per participant | $796 | |
| Peer median | $892 |
| Guitar Center: average balance | $35,961 | |
| Peer median | $38,643 |
| Guitar Center: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.24% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $152M at the end of plan year 2021.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2021 | 15,314 | $152M | $3.4M | $796 | 0.06% | Not published | Form 5500 ↗ |
Common questions
Does Guitar Center match 401(k) contributions?
The match terms for the Guitar Center, Inc. 401(k) and Profit Sharing Plan have not been published from its filing yet. The plan year 2021 filing reports $3.4M in employer contributions, about $796 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Guitar Center 401(k) match vested?
The vesting schedule for the Guitar Center, Inc. 401(k) and Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Guitar Center 401(k)?
The recordkeeper listed on Schedule C of the plan year 2021 filing is Fidelity Investments Institutional. The plan administrator is Guitar Center, Inc. Benefits Committee.
I left Guitar Center. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Guitar Center, Inc. Benefits Committee, (818) 735-8800) or the recordkeeper, Fidelity Investments Institutional. The Guitar Center old 401(k) page lists the contacts from every plan filing. Find an old Guitar Center 401(k)
Data from the public Form 5500 annual reports Guitar Center filed with the U.S. Department of Labor (plan years 2021) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Guitar Center. Not financial advice. Report a correction · Methodology