Plan Ledger DOL Form 5500 · updated monthly

Ambac Financial Group401(k)

AMBAC FINANCIAL GROUP, INC. SAVINGS INCENTIVE PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Ambac Financial Group reported $74,292 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $8,846 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.05% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 705th-largest of 5,648 plans among New York employers on file, and the 901st of 4,798 in finance & insurance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 126 to 141 since 2022.

Plan summary
Net assets, end of year$115,341,658
Participants with balances332
Active participants141
Employer contributions$1,247,317
Employee contributions$2,506,854
Employer contribution per active participant$8,846
Average account balance$347,415
Benefits paid to participants$7,716,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$115.3M · 332 accts · $1.2M emplr
2023$105.5M · 332 accts · $1.1M emplr
2022$93.9M · 310 accts · $888K emplr
The Ambac Financial Group 401(k) match · 2024
Employer contribution per active participant$8,846
Median for plans this size$3,635
2024$8,846 per active participant
2023$7,384 per active participant
2022$7,047 per active participant

Ambac Financial Group's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$57,213
VANGUARD ADVISERS INC. · Investment advisory (participants)$14,493

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$74,292 · 0.07%
2023$63,678 · 0.06%
2022$56,076 · 0.05%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 133621676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.