AMBU 401(K) PLAN

At the end of 2022, the total retirement plan assets of AMBU 401(K) PLAN is $43,376,728.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in AMBU 401(K) PLAN is 880

In 2022, the average participant retirement account value for AMBU 401(K) PLAN is $49,291

In 2022, the estimated average employee contribution amount per participant for AMBU 401(K) PLAN is $5,248

In 2022, the estimated average employer match for an employee in AMBU 401(K) PLAN is approximately $2,386

In 2022, AMBU 401(K) PLAN allocates $2,099,880 to match its employees’ contributions, providing an employer match rate of 42.98% of their contributions

In 2022, the total retirement plan asset growth rate of AMBU 401(K) PLAN is -14.74%

In 2022, the estimated aggregate retirement account investment gain/loss for AMBU 401(K) PLAN is -18.07%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMBU 401(K) PLAN is 0.42%.

Enrollment Features

AMBU 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.