WARNER MUSIC GROUP 401(K) PLAN

At the end of 2022, the total retirement plan assets of WARNER MUSIC GROUP 401(K) PLAN is $339,375,828.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in WARNER MUSIC GROUP 401(K) PLAN is 2878

In 2022, the average participant retirement account value for WARNER MUSIC GROUP 401(K) PLAN is $117,920

In 2022, the estimated average employee contribution amount per participant for WARNER MUSIC GROUP 401(K) PLAN is $7,323

In 2022, the estimated average employer match for an employee in WARNER MUSIC GROUP 401(K) PLAN is approximately $2,910

In 2022, WARNER MUSIC GROUP 401(K) PLAN allocates $8,376,079 to match its employees’ contributions, providing an employer match rate of 41.04% of their contributions

In 2022, the total retirement plan asset growth rate of WARNER MUSIC GROUP 401(K) PLAN is -11.45%

In 2022, the estimated aggregate retirement account investment gain/loss for WARNER MUSIC GROUP 401(K) PLAN is -15.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of WARNER MUSIC GROUP 401(K) PLAN is 0.07%.

Enrollment Features

WARNER MUSIC GROUP 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.