Ambac Financial Group, Inc.
86
Plan:
Ambac Financial Group, Inc. Savings Incentive Plan
41
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (86) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $11,100 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Ambac Financial Group, Inc. Savings Incentive Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Ambac Financial Group, Inc. Savings Incentive Plan currently has over 400 active participants and over $67.4M in plan assets.
Retirement Plan Details
| Address |
One State Street Plaza
New York, NY 10004 |
| Industry | Finance and Insurance |
| Administrator | Diana Adams |
| Net Plan Assets | $67,400,000 |
| Total Participants | 420 |
| Avg Account Balance | $160,000 |
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