AMPLIFY EDUCATION, INC. 401(K) PLAN

  • Address: 55 WASHINGTON STREET SUITE 800,BROOKLYN,NY
  • Contact person: MAAD MERCHANT
  • Phone: (212) 796-2200
Investment Options of AMPLIFY EDUCATION, INC. 401(K) PLAN (as of 2022)
GS STABLE VALUE INV2 (GOLDMAN SACHS TRUST COMPANY NA)

AMPLIFY EDUCATION, INC. 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.

At the end of 2022, the total retirement plan assets of AMPLIFY EDUCATION, INC. 401(K) PLAN is $89,413,282.00.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in AMPLIFY EDUCATION, INC. 401(K) PLAN is 1212

In 2022, the average participant retirement account value for AMPLIFY EDUCATION, INC. 401(K) PLAN is $73,773.00

In 2022, the estimated average employee contribution amount per participant for AMPLIFY EDUCATION, INC. 401(K) PLAN is $9,941.00

In 2022, the estimated average employer match for an employee in AMPLIFY EDUCATION, INC. 401(K) PLAN is approximately $4,224.00

In 2022, AMPLIFY EDUCATION, INC. 401(K) PLAN allocates $5,119,786.00 to match its employees' contributions, providing an employer match rate of 46.00% of their contributions

In 2022, the total retirement plan asset growth rate of AMPLIFY EDUCATION, INC. 401(K) PLAN is 2.38%

In 2022, the estimated aggregate retirement account investment gain/loss for AMPLIFY EDUCATION, INC. 401(K) PLAN is -16.56%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of AMPLIFY EDUCATION, INC. 401(K) PLAN is 0.09%.

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