AMERICAN WELL CORPORATION 401(K) PLAN

At the end of 2022, the total retirement plan assets of AMERICAN WELL CORPORATION 401(K) PLAN is $69,099,340.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in AMERICAN WELL CORPORATION 401(K) PLAN is 1003

In 2022, the average participant retirement account value for AMERICAN WELL CORPORATION 401(K) PLAN is $68,892

In 2022, the estimated average employee contribution amount per participant for AMERICAN WELL CORPORATION 401(K) PLAN is $11,154

In 2022, the estimated average employer match for an employee in AMERICAN WELL CORPORATION 401(K) PLAN is approximately $3,244

In 2022, AMERICAN WELL CORPORATION 401(K) PLAN allocates $3,254,055 to match its employees’ contributions, providing an employer match rate of 30.28% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICAN WELL CORPORATION 401(K) PLAN is 13.59%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICAN WELL CORPORATION 401(K) PLAN is -7.70%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMERICAN WELL CORPORATION 401(K) PLAN is 0.10%.

Enrollment Features

AMERICAN WELL CORPORATION 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.