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  1. Surveys
  2. 2006
  3. May
  4. R
  5. Retirement Benefits Survey
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Hello:

You are invited to participate in our Retirement Benefits survey In this survey, approximately 8,000 people will be asked to complete a survey that asks questions about the company's retirement program. It will take approximately 5 minutes to complete the questionnaire.
Your participation in this study is completely voluntary. There are no foreseeable risks associated with this project. However, if you feel uncomfortable answering any questions, you can withdraw from the survey at any point. It is very important for us to learn your opinions.


Your survey responses will be stricly confidential and data from this research will be reported only in the aggregate. Your information will be coded and will remain confidential. If you have questions at any time about the survey or the procedures, you may contact Cynthia Marino at 818-735-8800 or by email at the email address specified below.


Thank you very much for your time and support. Please start with the survey now by clicking on the Continue button below.
 
 

* How long have you been (continuously) employed with Guitar Center?
 
New employee (0-3 months)
 
Recent Employee (4-12 months)
 
Veteran (over 12 months)
 
 

* When you think about employee benefits, how important are retirement benefits (Profit Sharing, 401(k), IRA's etc.) to you?
 
None at all
 
Little importance
 
Somewhat important
 
Important
 
Very Important
 
 

* Do you participate in the company profit-Sharing Plan?
 
Yes
 
No
 
Not Sure
 
 

None at all Not very important Moderate Worthwile Very Important
How important is the Profit sharing Plan to you as an employee benefit?
 
 

* If you could have extra cash instead of Profit Sharing, what would be the minimum amount of cash (annually) that would make this tradeoff worthwile?
$50 $200 $1,000 $2,500 Much more that $2,500
 
 

* Do you participate in the company 401(k) Plan?
 
 

* If you participate in the 401(k) Plan, at what level are yu contributing?
 
1%-3%
 
4%-6%
 
7%-9%
 
10% or greater
 
Don't know/remember
 
 
We are considering the possibility of changing or modifying the 401(k) program to include a match contribution from the company as an added cash contribution to your retirement savings. Typically, this means that for every $1 you contribute to your 401(k) plan, the company would add an additional $0.50 to your account, up to a limit of 6% of your total annual income. This added contribution would have a four-year vesting requirement.
 
 
 

* Would the idea of a 401(k) company match be valuable to you?
 
Not really
 
Perhaps
 
Moderate
 
Worthwhile
 
Very important
 
Please contact [email protected] if you have any questions regarding this survey.
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