Plan5500

2023 Form 5500 filing — American Well Corporation 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240710165632NAL0017284881001) for American Well Corporation 401(K) Plan, reported by American Well Corporation under EIN 20-5009396 and plan number 001. It reports 1,362 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240710165632NAL0017284881001
Filing year
2023
Form type
2
Plan sponsor
American Well Corporation
EIN
20-5009396
Plan number
001
Location
Boston, MA
Participants
1,362
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$93,776,018
Total liabilities (EOY)
$0
Net assets (EOY)
$93,776,018
Employer contributions
$3,655,276
Participant contributions
$11,510,175
Total income / additions
$32,921,414
Benefits paid
$8,112,400
Administrative expenses
$108,243
Total expenses
$8,244,736
Net increase / (decrease)
$24,676,678
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Svb Wealth LLCINVESTMENT ADVISOR$43,735not reported in the loaded dataset
The Angell Pension Group, Inc.PLAN ADMINISTRATOR$31,995not reported in the loaded dataset
Strategic Advisors, Inc.ADVISOR$26,852not reported in the loaded dataset
Caron & Bletzer, PllcACCOUNTANT/AUDITOR$13,500not reported in the loaded dataset
Svb Wealth LLCPLAN ADMINISTRATOR$8,750not reported in the loaded dataset
Fiducient Advisors LLCPLAN ADMINISTRATOR$7,500not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER-$24,089$0

Related Form 5500 pages