Lady Gaga. Nirvana. Counting Crows. Herbie Hancock. Yo Yo Ma.

These musicians and bands have something in common with your HR manager: They all file 5500s. Wait, what? 

That's right. For some reason I can't quite figure out, there are a series of 5500s filed in the names of a number of famous musicians, usually with around 2-5 participants and between five- and seven-figures in assets. Most are 401(k)s, but there are a surprising number of defined benefit plans (mostly pay-related).

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.