AMPLITY, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 1000 FLORAL VALE BOULEVARD,,YARDLEY,PA
- Contact person: THOMAS JANIS
- Phone: (215) 525-9859
Plan General Information
At the end of 2021, the total retirement plan assets of AMPLITY, INC. 401(K) PLAN is $46,169,568.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in AMPLITY, INC. 401(K) PLAN is 1033
In 2021, the average participant retirement account value for AMPLITY, INC. 401(K) PLAN is $44,694
In 2021, the estimated average employee contribution amount per participant for AMPLITY, INC. 401(K) PLAN is $5,800
In 2021, the estimated average employer match for an employee in AMPLITY, INC. 401(K) PLAN is approximately $1,424
In 2021, AMPLITY, INC. 401(K) PLAN allocates $1,471,035 to match its employees’ contributions, providing an employer match rate of 24.55% of their contributions
In 2021, the total retirement plan asset growth rate of AMPLITY, INC. 401(K) PLAN is 16.80%
In 2021, the estimated aggregate retirement account investment gain/loss for AMPLITY, INC. 401(K) PLAN is 14.89%. This measures the effectiveness of the plan participants’ investments in the year.
In 2021, the investment and administrative expense ratio of AMPLITY, INC. 401(K) PLAN is 0.24%.
Enrollment Features
AMPLITY, INC. 401(K) PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.