FENDER MUSICAL INSTRUMENTS 401(K) PLAN

Plan Contact

  • Address: 17600 N PERIMETER DRIVE,,SCOTTSDALE,AZ
  • Contact person: CHARLES DAVIDSON
  • Phone: (480) 845-5421

Plan General Information

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of FENDER MUSICAL INSTRUMENTS 401(K) PLAN is $118,295,011.00.This plan was established in 1989.

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in FENDER MUSICAL INSTRUMENTS 401(K) PLAN is 2176

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for FENDER MUSICAL INSTRUMENTS 401(K) PLAN is $54,363.00

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for FENDER MUSICAL INSTRUMENTS 401(K) PLAN is $4,568.00.

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in FENDER MUSICAL INSTRUMENTS 401(K) PLAN is approximately $1,596.00
Investing in this additonal $1,596.00 for 20 years would give you extra $102,188.00, assuming a 10% annual return.

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, FENDER MUSICAL INSTRUMENTS 401(K) PLAN allocates $3,474,392.00 to match its employees' contributions, providing an employer match rate of 41.24% of their contributions

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of FENDER MUSICAL INSTRUMENTS 401(K) PLAN is 18.80%.

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for FENDER MUSICAL INSTRUMENTS 401(K) PLAN is 17.88%. This measures the effectiveness of the plan participants' investments in the year.

FENDER MUSICAL INSTRUMENTS 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of FENDER MUSICAL INSTRUMENTS 401(K) PLAN is 0.08%.

Enrollment Features

FENDER MUSICAL INSTRUMENTS 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.


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