Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ambitions 401 K Plan is a benefit plan reported by Ambitions, Inc under EIN 20-5129505 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,504 participants and $21,275,569 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,275,569
- Total liabilities (EOY)
- $2,161
- Net assets (EOY)
- $21,273,408
- Net assets (BOY)
- $16,797,656
Income & contributions
- Employer contributions
- $1,286,735
- Participant contributions
- $1,893,974
- Total contributions
- $3,180,709
- Total income / additions
- $6,407,460
Expenses & distributions
- Benefits paid
- $1,728,434
- Administrative expenses
- $203,274
- Total expenses
- $1,931,708
- Net increase / (decrease)
- $4,475,752