AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN

  • Address: ONE WORLD TRADE CENTER,,NEW YORK,NY
  • Contact person: GILLIAN PLASTARAS
  • Phone: (212) 668-0340

AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2021, the total retirement plan assets of AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is $113,801,058.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is 295

In 2021, the average participant retirement account value for AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is $385,766.00

In 2021, the estimated average employee contribution amount per participant for AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is $5,524.00

In 2021, the estimated average employer match for an employee in AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is approximately $2,736.00

In 2021, AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN allocates $807,309.00 to match its employees' contributions, providing an employer match rate of 49.53% of their contributions

In 2021, the total retirement plan asset growth rate of AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is 11.26%

In 2021, the estimated aggregate retirement account investment gain/loss for AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is 13.11%. This measures the effectiveness of the plan participants' investments in the year.

In 2021, the investment and administrative expense ratio of AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN is 0.14%.

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