401(k) · DOL Form 5500 · 2023

Ambac Financial Group 401(k) Plan

Data updated 2026-08-25

$105M
Total assets Near avg plan size
126
Participants Small participant base
92nd
Percentile by assets National rank
$836,944
Avg per participant High balance/head
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Official DOL plan name: Ambac Financial Group, Inc. Savings Incentive Plan · Sponsored by Ambac Financial Group · New York · Finance & Insurance

$105M in assets, 126 participants

Ambac Financial Group's Ambac Financial Group, Inc. Savings Incentive Plan reported $105M in total assets and 126 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,731 in Finance & Insurance (8,869 peers)

Coverage in New York

Ambac Financial Group, Inc. Savings Incentive Plan covers 126 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $105M.

#7,731
in Finance & Insurance (8,869 peers)
+12.2%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Ambac Financial Group, Inc. Savings Incentive Plan's outsized position by total assets

Ambac Financial Group, Inc. Savings Incentive Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$105,454,952 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Ambac Financial Group, Inc. Savings Incentive Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ambac Financial Group, Inc. Savings Incentive Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ambac Financial Group, Inc. Savings Incentive Plan reported net income rose from -$23M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Ambac Financial Group, Inc. Savings Incentive Plan reported participants rose from 100 in the plan year 2022 filing to 126 in the plan year 2023 filing.
  • Ambac Financial Group, Inc. Savings Incentive Plan end-of-year assets rose from $94M in the plan year 2022 filing to $105M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 133621676 · Ambac Financial Group PY 2023 · 401(k)

Ambac Financial Group, Inc. Savings Incentive Plan · $105M · 126 · 92nd

  • PHOTO $105M
  • IND 126
  • EOY 92nd
  • 5500 401(k)
  • ASSETS near Burke, Inc. Profit Sharing and Pay Deferral Savings Plan
  • PCT ind #7731

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New York →

Ambac Financial Group, Inc. Savings Incentive Plan in the asset neighbourhood

Unity Healthcare 401(k) Profit Sharing PlanUnity Healthcare 401(k) Prof…$105MAmbac Financial Group, Inc. Savings Incentive PlanAmbac Financial Group, Inc. …$105MBurke, Inc. Profit Sharing and Pay Deferral Savings PlanBurke, Inc. Profit Sharing a…$105MCarrington 401(k) Plan$105MWhiteford, Taylor & Preston LLP Partners & Staff 401(k) Savings PlanWhiteford, Taylor & Preston …$105M
End-of-year total assets ($M) among Ambac Financial Group, Inc. Savings Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$105M
Net Income$12M
Employer EIN133621676
Plan Effective Date1991-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ambac Financial Group)

Sponsor-wide plan assets over time

All Ambac Financial Group plans reported in each filing year

Latest sponsor-wide plan assets
$115M 22.77251871514222% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $94M $115M ▲ +22.8%
Year Plans Participants Total Assets
2022 1 100 $94M
2023 1 126 $105M
2024 1 150 $115M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ambac Financial Group, Inc. Savings Incentive Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Ambac Financial Group, Inc. Savings Incentive Plan, Total assets ($B): 0.105454952 · Participants: 126Ambac Financial Group, Inc. Savings Incentive PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Ambac Financial Group, Inc. Savings Incentive Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Ambac Financial Group, Inc. Savings Incentive Plan side-by-side with 3 peers →

Ambac Financial Group, Inc. Savings Incentive Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Burke, Inc. Profit Sharing and Pay Deferral Savings Plan in OH ($105M); by covered participants it is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ambac Financial Group, Inc. Savings Incentive Plan assets move in 2023? ▼
Ambac Financial Group, Inc. Savings Incentive Plan grew at a solid clip - up 12.2% during 2023, from $94M to $105M. Reported net income was $12M.
How have Ambac Financial Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ambac Financial Group's sponsor-wide assets grew 22.8%, from $94M to $115M.
Where does Ambac Financial Group, Inc. Savings Incentive Plan rank by assets among Form 5500 filers? ▼
Ambac Financial Group, Inc. Savings Incentive Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ambac Financial Group, Inc. Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by assets is Burke, Inc. Profit Sharing and Pay Deferral Savings Plan in OH ($105M, 339 participants).
Which 401(k) plans cover a similar participant headcount to Ambac Financial Group, Inc. Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133621676.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.