401k Plan data: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST plan

UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 401k Plan overview

Plan Name	UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST
Plan identification number	003

UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021). Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

UMG RECORDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: UMG RECORDINGS, INC.

Employer identification number (EIN): 132613071

NAIC Classification: 512200
NAIC Description: Sound Recording Industries

Additional information about UMG RECORDINGS, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2000-01-18

Company Identification Number: 0012984606

Legal Registered Office Address: 800 3RD AVE FL 3 C/O VIVENDI TAX

NEW YORK
United States of America (USA)
10022

More information about UMG RECORDINGS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 JASON GALLIEN 2024-10-10
003 2022-01-01 JASON GALLIEN 2023-09-07
003 2021-01-01 JASON GALLIEN 2022-10-12 JASON GALLIEN 2022-10-12
003 2020-01-01 JASON GALLIEN 2021-09-20 JASON GALLIEN 2021-09-20
003 2019-01-01 JASON GALLIEN 2020-10-06 JASON GALLIEN 2020-10-06
003 2019-01-01 JASON GALLIEN 2021-01-04 JASON GALLIEN 2021-01-04
003 2019-01-01 JASON GALLIEN 2021-01-04 JASON GALLIEN 2021-01-04
003 2018-01-01 JASON GALLIEN 2019-09-17 JASON GALLIEN 2019-09-17
003 2017-01-01 JASON GALLIEN 2018-10-01 JASON GALLIEN 2018-10-01
003 2016-01-01 JASON GALLIEN 2017-09-14 JASON GALLIEN 2017-09-14
003 2015-01-01 JASON GALLIEN 2016-09-21 JASON GALLIEN 2016-09-21
003 2014-01-01 JASON GALLIEN 2015-10-05 JASON GALLIEN 2015-10-05
003 2013-01-01 JASON GALLIEN 2014-10-06 JASON GALLIEN 2014-10-06
003 2012-01-01 JASON GALLIEN 2013-09-19 JASON GALLIEN 2013-09-19
003 2011-01-01 JASON GALLIEN 2012-10-11 JASON GALLIEN 2012-10-11
003 2010-01-01 CHARLES C. CIONGOLI 2011-10-10 CHARLES C. CIONGOLI 2011-10-10

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2023-01-01	JASON GALLIEN	2024-10-10
003	2022-01-01	JASON GALLIEN	2023-09-07
003	2021-01-01	JASON GALLIEN	2022-10-12	JASON GALLIEN	2022-10-12
003	2020-01-01	JASON GALLIEN	2021-09-20	JASON GALLIEN	2021-09-20
003	2019-01-01	JASON GALLIEN	2020-10-06	JASON GALLIEN	2020-10-06
003	2019-01-01	JASON GALLIEN	2021-01-04	JASON GALLIEN	2021-01-04
003	2019-01-01	JASON GALLIEN	2021-01-04	JASON GALLIEN	2021-01-04
003	2018-01-01	JASON GALLIEN	2019-09-17	JASON GALLIEN	2019-09-17
003	2017-01-01	JASON GALLIEN	2018-10-01	JASON GALLIEN	2018-10-01
003	2016-01-01	JASON GALLIEN	2017-09-14	JASON GALLIEN	2017-09-14
003	2015-01-01	JASON GALLIEN	2016-09-21	JASON GALLIEN	2016-09-21
003	2014-01-01	JASON GALLIEN	2015-10-05	JASON GALLIEN	2015-10-05
003	2013-01-01	JASON GALLIEN	2014-10-06	JASON GALLIEN	2014-10-06
003	2012-01-01	JASON GALLIEN	2013-09-19	JASON GALLIEN	2013-09-19
003	2011-01-01	JASON GALLIEN	2012-10-11	JASON GALLIEN	2012-10-11
003	2010-01-01	CHARLES C. CIONGOLI	2011-10-10	CHARLES C. CIONGOLI	2011-10-10

Plan Statistics for UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST

401k plan membership statisitcs for UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST

Measure Date Value
2022: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2022 401k membership
Market value of plan assets 2022-12-31 279,469
Acturial value of plan assets 2022-12-31 279,469
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 49,795
Number of terminated vested participants 2022-12-31 9
Fundng target for terminated vested participants 2022-12-31 243,348
Active participant vested funding target 2022-12-31 25,044
Number of active participants 2022-12-31 2
Total funding liabilities for active participants 2022-12-31 25,044
Total participant count 2022-12-31 13
Total funding target for all participants 2022-12-31 318,187
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 5,324
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 5,324
Present value of excess contributions 2022-12-31 8
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 8
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 8
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 5,333
Total employer contributions 2022-12-31 0
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Liquidity shortfalls end of Q1 2022-12-31 0
Liquidity shortfalls end of Q2 2022-12-31 0
Liquidity shortfalls end of Q3 2022-12-31 0
Liquidity shortfalls end of Q4 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 0
Net shortfall amortization installment of oustanding balance 2022-12-31 44,342
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 4,098
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 4,098
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2021 401k membership
Market value of plan assets 2021-12-31 265,181
Acturial value of plan assets 2021-12-31 265,181
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 50,339
Number of terminated vested participants 2021-12-31 9
Fundng target for terminated vested participants 2021-12-31 223,456
Active participant vested funding target 2021-12-31 22,697
Number of active participants 2021-12-31 2
Total funding liabilities for active participants 2021-12-31 22,697
Total participant count 2021-12-31 13
Total funding target for all participants 2021-12-31 296,492
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 5,278
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 5,278
Present value of excess contributions 2021-12-31 18
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 18
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 18
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 5,324
Total employer contributions 2021-12-31 14,453
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 13,388
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 0
Net shortfall amortization installment of oustanding balance 2021-12-31 36,936
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 13,380
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 13,380
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 13,388
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2020 401k membership
Market value of plan assets 2020-12-31 257,209
Acturial value of plan assets 2020-12-31 257,209
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 32,570
Number of terminated vested participants 2020-12-31 10
Fundng target for terminated vested participants 2020-12-31 216,589
Active participant vested funding target 2020-12-31 20,701
Number of active participants 2020-12-31 2
Total funding liabilities for active participants 2020-12-31 20,701
Total participant count 2020-12-31 13
Total funding target for all participants 2020-12-31 269,860
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 4,674
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 4,674
Present value of excess contributions 2020-12-31 500
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 500
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 500
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 5,278
Total employer contributions 2020-12-31 12,321
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 11,536
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 18,236
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 11,518
Additional cash requirement 2020-12-31 11,518
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 11,536
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2019 401k membership
Market value of plan assets 2019-12-31 236,090
Acturial value of plan assets 2019-12-31 236,090
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 34,033
Number of terminated vested participants 2019-12-31 11
Fundng target for terminated vested participants 2019-12-31 253,125
Active participant vested funding target 2019-12-31 20,058
Number of active participants 2019-12-31 2
Total funding liabilities for active participants 2019-12-31 20,058
Total participant count 2019-12-31 14
Total funding target for all participants 2019-12-31 307,216
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 6,207
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 6,207
Present value of excess contributions 2019-12-31 362
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 362
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 362
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 2,017
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 4,674
Total employer contributions 2019-12-31 0
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 0
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 0
Net shortfall amortization installment of oustanding balance 2019-12-31 76,064
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 20,260
Additional cash requirement 2019-12-31 20,260
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for current year 2019-12-31 20,260
Unpaid minimum required contributions for all years 2019-12-31 20,260
2018: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2018 401k membership
Market value of plan assets 2018-12-31 214,512
Acturial value of plan assets 2018-12-31 214,512
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 34,425
Number of terminated vested participants 2018-12-31 11
Fundng target for terminated vested participants 2018-12-31 233,483
Active participant vested funding target 2018-12-31 18,154
Number of active participants 2018-12-31 2
Total funding liabilities for active participants 2018-12-31 18,154
Total participant count 2018-12-31 14
Total funding target for all participants 2018-12-31 286,062
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 6,115
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 6,115
Present value of excess contributions 2018-12-31 30
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 30
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 30
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 6,207
Total employer contributions 2018-12-31 19,546
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 18,498
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 0
Net shortfall amortization installment of oustanding balance 2018-12-31 78,120
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 18,136
Additional cash requirement 2018-12-31 18,136
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 18,498
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2017 401k membership
Market value of plan assets 2017-12-31 198,188
Acturial value of plan assets 2017-12-31 198,188
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 33,802
Number of terminated vested participants 2017-12-31 11
Fundng target for terminated vested participants 2017-12-31 207,460
Active participant vested funding target 2017-12-31 15,775
Number of active participants 2017-12-31 2
Total funding liabilities for active participants 2017-12-31 15,775
Total participant count 2017-12-31 14
Total funding target for all participants 2017-12-31 257,037
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 5,845
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 5,845
Present value of excess contributions 2017-12-31 241
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 241
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 241
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 6,115
Total employer contributions 2017-12-31 15,303
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 14,207
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 0
Net shortfall amortization installment of oustanding balance 2017-12-31 65,334
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 14,177
Additional cash requirement 2017-12-31 14,177
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 14,207
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2016 401k membership
Market value of plan assets 2016-12-31 187,059
Acturial value of plan assets 2016-12-31 187,059
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 33,920
Number of terminated vested participants 2016-12-31 11
Fundng target for terminated vested participants 2016-12-31 188,696
Active participant vested funding target 2016-12-31 14,096
Number of active participants 2016-12-31 2
Total funding liabilities for active participants 2016-12-31 14,096
Total participant count 2016-12-31 14
Total funding target for all participants 2016-12-31 236,712
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 7,443
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 7,443
Present value of excess contributions 2016-12-31 19
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 19
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 19
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 1,621
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 5,845
Total employer contributions 2016-12-31 12,090
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 11,443
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 55,864
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 11,202
Additional cash requirement 2016-12-31 11,202
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 11,443
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2022 401k membership
Market value of plan assets	2022-12-31	279,469
Acturial value of plan assets	2022-12-31	279,469
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	49,795
Number of terminated vested participants	2022-12-31	9
Fundng target for terminated vested participants	2022-12-31	243,348
Active participant vested funding target	2022-12-31	25,044
Number of active participants	2022-12-31	2
Total funding liabilities for active participants	2022-12-31	25,044
Total participant count	2022-12-31	13
Total funding target for all participants	2022-12-31	318,187
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	5,324
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	5,324
Present value of excess contributions	2022-12-31	8
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	8
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	8
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	5,333
Total employer contributions	2022-12-31	0
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Liquidity shortfalls end of Q1	2022-12-31	0
Liquidity shortfalls end of Q2	2022-12-31	0
Liquidity shortfalls end of Q3	2022-12-31	0
Liquidity shortfalls end of Q4	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	0
Net shortfall amortization installment of oustanding balance	2022-12-31	44,342
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	4,098
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	4,098
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2021 401k membership
Market value of plan assets	2021-12-31	265,181
Acturial value of plan assets	2021-12-31	265,181
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	50,339
Number of terminated vested participants	2021-12-31	9
Fundng target for terminated vested participants	2021-12-31	223,456
Active participant vested funding target	2021-12-31	22,697
Number of active participants	2021-12-31	2
Total funding liabilities for active participants	2021-12-31	22,697
Total participant count	2021-12-31	13
Total funding target for all participants	2021-12-31	296,492
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	5,278
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	5,278
Present value of excess contributions	2021-12-31	18
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	18
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	18
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	5,324
Total employer contributions	2021-12-31	14,453
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	13,388
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	0
Net shortfall amortization installment of oustanding balance	2021-12-31	36,936
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	13,380
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	13,380
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	13,388
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2020 401k membership
Market value of plan assets	2020-12-31	257,209
Acturial value of plan assets	2020-12-31	257,209
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	32,570
Number of terminated vested participants	2020-12-31	10
Fundng target for terminated vested participants	2020-12-31	216,589
Active participant vested funding target	2020-12-31	20,701
Number of active participants	2020-12-31	2
Total funding liabilities for active participants	2020-12-31	20,701
Total participant count	2020-12-31	13
Total funding target for all participants	2020-12-31	269,860
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	4,674
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	4,674
Present value of excess contributions	2020-12-31	500
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	500
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	500
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	5,278
Total employer contributions	2020-12-31	12,321
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	11,536
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	18,236
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	11,518
Additional cash requirement	2020-12-31	11,518
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	11,536
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2019 401k membership
Market value of plan assets	2019-12-31	236,090
Acturial value of plan assets	2019-12-31	236,090
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	34,033
Number of terminated vested participants	2019-12-31	11
Fundng target for terminated vested participants	2019-12-31	253,125
Active participant vested funding target	2019-12-31	20,058
Number of active participants	2019-12-31	2
Total funding liabilities for active participants	2019-12-31	20,058
Total participant count	2019-12-31	14
Total funding target for all participants	2019-12-31	307,216
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	6,207
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	6,207
Present value of excess contributions	2019-12-31	362
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	362
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	362
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	2,017
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	4,674
Total employer contributions	2019-12-31	0
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	0
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	0
Net shortfall amortization installment of oustanding balance	2019-12-31	76,064
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	20,260
Additional cash requirement	2019-12-31	20,260
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for current year	2019-12-31	20,260
Unpaid minimum required contributions for all years	2019-12-31	20,260
2018: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2018 401k membership
Market value of plan assets	2018-12-31	214,512
Acturial value of plan assets	2018-12-31	214,512
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	34,425
Number of terminated vested participants	2018-12-31	11
Fundng target for terminated vested participants	2018-12-31	233,483
Active participant vested funding target	2018-12-31	18,154
Number of active participants	2018-12-31	2
Total funding liabilities for active participants	2018-12-31	18,154
Total participant count	2018-12-31	14
Total funding target for all participants	2018-12-31	286,062
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	6,115
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	6,115
Present value of excess contributions	2018-12-31	30
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	30
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	30
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	6,207
Total employer contributions	2018-12-31	19,546
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	18,498
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	78,120
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	18,136
Additional cash requirement	2018-12-31	18,136
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	18,498
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2017 401k membership
Market value of plan assets	2017-12-31	198,188
Acturial value of plan assets	2017-12-31	198,188
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	33,802
Number of terminated vested participants	2017-12-31	11
Fundng target for terminated vested participants	2017-12-31	207,460
Active participant vested funding target	2017-12-31	15,775
Number of active participants	2017-12-31	2
Total funding liabilities for active participants	2017-12-31	15,775
Total participant count	2017-12-31	14
Total funding target for all participants	2017-12-31	257,037
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	5,845
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	5,845
Present value of excess contributions	2017-12-31	241
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	241
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	241
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	6,115
Total employer contributions	2017-12-31	15,303
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	14,207
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	0
Net shortfall amortization installment of oustanding balance	2017-12-31	65,334
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	14,177
Additional cash requirement	2017-12-31	14,177
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	14,207
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: UNIVERSAL MUSIC - MGB NA LLC DEFINED BENEFIT PLAN AND TRUST 2016 401k membership
Market value of plan assets	2016-12-31	187,059
Acturial value of plan assets	2016-12-31	187,059
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	33,920
Number of terminated vested participants	2016-12-31	11
Fundng target for terminated vested participants	2016-12-31	188,696
Active participant vested funding target	2016-12-31	14,096
Number of active participants	2016-12-31	2
Total funding liabilities for active participants	2016-12-31	14,096
Total participant count	2016-12-31	14
Total funding target for all participants	2016-12-31	236,712
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	7,443
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	7,443
Present value of excess contributions	2016-12-31	19
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	19
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	19
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	1,621
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	5,845
Total employer contributions	2016-12-31	12,090
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	11,443
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	55,864
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	11,202
Additional cash requirement	2016-12-31	11,202
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	11,443
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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UNIVERSAL MUSIC COMPANY INC PROFIT SHARING PLAN [EIN = 841487620]

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Company Name:	UMG RECORDINGS, INC.
Employer identification number (EIN):	132613071
NAIC Classification:	512200
NAIC Description:	Sound Recording Industries

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2000-01-18
Company Identification Number:	0012984606
Legal Registered Office Address:	800 3RD AVE FL 3 C/O VIVENDI TAX NEW YORK United States of America (USA) 10022