401k Plan data: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN plan

AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 401k Plan overview

Plan Name	AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN
Plan identification number	002

AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

AMBAC ASSURANCE CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: AMBAC ASSURANCE CORPORATION

Employer identification number (EIN): 391135174

NAIC Classification: 524150

Additional information about AMBAC ASSURANCE CORPORATION

Jurisdiction of Incorporation: Georgia Department of States Corporations Division

Incorporation Date:

Company Identification Number: 566362

More information about AMBAC ASSURANCE CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01
002 2017-01-01 MICHAEL REILLY MICHAEL REILLY 2018-08-29
002 2016-01-01 MICHAEL REILLY MICHAEL REILLY 2017-09-06
002 2015-01-01 MICHAEL REILLY
002 2014-01-01 MICHAEL REILLY
002 2013-01-01 MICHAEL REILLY
002 2012-01-01 MICHAEL REILLY MICHAEL REILLY 2013-10-15

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2018-01-01
002	2017-01-01	MICHAEL REILLY	MICHAEL REILLY	2018-08-29
002	2016-01-01	MICHAEL REILLY	MICHAEL REILLY	2017-09-06
002	2015-01-01	MICHAEL REILLY
002	2014-01-01	MICHAEL REILLY
002	2013-01-01	MICHAEL REILLY
002	2012-01-01	MICHAEL REILLY	MICHAEL REILLY	2013-10-15

Plan Statistics for AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN

401k plan membership statisitcs for AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN

Measure Date Value
2018: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 327
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 105
Number of retired or separated participants receiving benefits 2018-01-01 9
Number of other retired or separated participants entitled to future benefits 2018-01-01 208
Total of all active and inactive participants 2018-01-01 322
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 1
Total participants 2018-01-01 323
Number of participants with account balances 2018-01-01 316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 357
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 103
Number of retired or separated participants receiving benefits 2017-01-01 11
Number of other retired or separated participants entitled to future benefits 2017-01-01 212
Total of all active and inactive participants 2017-01-01 326
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 1
Total participants 2017-01-01 327
Number of participants with account balances 2017-01-01 326
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 379
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 140
Number of retired or separated participants receiving benefits 2016-01-01 8
Number of other retired or separated participants entitled to future benefits 2016-01-01 208
Total of all active and inactive participants 2016-01-01 356
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 357
Number of participants with account balances 2016-01-01 345
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 399
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 145
Number of retired or separated participants receiving benefits 2015-01-01 9
Number of other retired or separated participants entitled to future benefits 2015-01-01 223
Total of all active and inactive participants 2015-01-01 377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 2
Total participants 2015-01-01 379
Number of participants with account balances 2015-01-01 376
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 550
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 162
Number of retired or separated participants receiving benefits 2014-01-01 9
Number of other retired or separated participants entitled to future benefits 2014-01-01 226
Total of all active and inactive participants 2014-01-01 397
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 2
Total participants 2014-01-01 399
Number of participants with account balances 2014-01-01 396
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 378
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 189
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 358
Total of all active and inactive participants 2013-01-01 547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 3
Total participants 2013-01-01 550
Number of participants with account balances 2013-01-01 536
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 402
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 198
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 180
Total of all active and inactive participants 2012-01-01 378
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 378
Number of participants with account balances 2012-01-01 365
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2018: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	327
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	105
Number of retired or separated participants receiving benefits	2018-01-01	9
Number of other retired or separated participants entitled to future benefits	2018-01-01	208
Total of all active and inactive participants	2018-01-01	322
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	1
Total participants	2018-01-01	323
Number of participants with account balances	2018-01-01	316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	357
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	103
Number of retired or separated participants receiving benefits	2017-01-01	11
Number of other retired or separated participants entitled to future benefits	2017-01-01	212
Total of all active and inactive participants	2017-01-01	326
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	1
Total participants	2017-01-01	327
Number of participants with account balances	2017-01-01	326
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	379
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	140
Number of retired or separated participants receiving benefits	2016-01-01	8
Number of other retired or separated participants entitled to future benefits	2016-01-01	208
Total of all active and inactive participants	2016-01-01	356
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	357
Number of participants with account balances	2016-01-01	345
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	399
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	145
Number of retired or separated participants receiving benefits	2015-01-01	9
Number of other retired or separated participants entitled to future benefits	2015-01-01	223
Total of all active and inactive participants	2015-01-01	377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	2
Total participants	2015-01-01	379
Number of participants with account balances	2015-01-01	376
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	550
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	162
Number of retired or separated participants receiving benefits	2014-01-01	9
Number of other retired or separated participants entitled to future benefits	2014-01-01	226
Total of all active and inactive participants	2014-01-01	397
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	2
Total participants	2014-01-01	399
Number of participants with account balances	2014-01-01	396
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	378
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	189
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	358
Total of all active and inactive participants	2013-01-01	547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	3
Total participants	2013-01-01	550
Number of participants with account balances	2013-01-01	536
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	402
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	198
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	180
Total of all active and inactive participants	2012-01-01	378
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	378
Number of participants with account balances	2012-01-01	365
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN

Measure	Date	Value
2018 : AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$-834,417
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$12,167,476
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$12,099,557
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$2,451,426
Value of total assets at end of year	2018-12-31	$77,457,565
Value of total assets at beginning of year	2018-12-31	$90,459,458
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$67,919
Total interest from all sources	2018-12-31	$28,163
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$3,285,754
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$3,285,754
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,630,964
Participant contributions at end of year	2018-12-31	$739,194
Participant contributions at beginning of year	2018-12-31	$844,350
Participant contributions at end of year	2018-12-31	$20,221
Participant contributions at beginning of year	2018-12-31	$20,125
Administrative expenses (other) incurred	2018-12-31	$67,919
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-13,001,893
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$77,457,565
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$90,459,458
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$76,551,852
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$89,438,266
Interest on participant loans	2018-12-31	$28,163
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-6,599,760
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$820,462
Employer contributions (assets) at end of year	2018-12-31	$146,298
Employer contributions (assets) at beginning of year	2018-12-31	$156,717
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$12,099,557
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	KPMG, LLP
Accountancy firm EIN	2018-12-31	135565207
2017 : AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$16,063,123
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$3,192,758
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$3,191,598
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$3,061,085
Value of total assets at end of year	2017-12-31	$90,459,458
Value of total assets at beginning of year	2017-12-31	$77,589,093
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,160
Total interest from all sources	2017-12-31	$30,782
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$3,181,307
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$3,181,307
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$1,953,270
Participant contributions at end of year	2017-12-31	$844,350
Participant contributions at beginning of year	2017-12-31	$889,612
Participant contributions at end of year	2017-12-31	$20,125
Participant contributions at beginning of year	2017-12-31	$14,001
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$169,110
Administrative expenses (other) incurred	2017-12-31	$1,160
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$12,870,365
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$90,459,458
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$77,589,093
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$89,438,266
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$76,568,653
Interest on participant loans	2017-12-31	$30,782
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$9,789,949
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$938,705
Employer contributions (assets) at end of year	2017-12-31	$156,717
Employer contributions (assets) at beginning of year	2017-12-31	$116,827
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$3,191,598
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	KPMG, LLP
Accountancy firm EIN	2017-12-31	135565207
2016 : AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$8,396,432
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$10,758,946
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$10,757,726
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$2,833,261
Value of total assets at end of year	2016-12-31	$77,589,093
Value of total assets at beginning of year	2016-12-31	$79,951,607
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$1,220
Total interest from all sources	2016-12-31	$28,452
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$2,592,480
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$2,592,480
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$1,934,624
Participant contributions at end of year	2016-12-31	$889,612
Participant contributions at beginning of year	2016-12-31	$832,069
Participant contributions at end of year	2016-12-31	$14,001
Participant contributions at beginning of year	2016-12-31	$37,216
Administrative expenses (other) incurred	2016-12-31	$1,220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$-2,362,514
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$77,589,093
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$79,951,607
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$76,568,653
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$78,958,428
Interest on participant loans	2016-12-31	$28,452
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$2,942,239
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$898,637
Employer contributions (assets) at end of year	2016-12-31	$116,827
Employer contributions (assets) at beginning of year	2016-12-31	$123,894
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$10,757,726
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	KPMG, LLP
Accountancy firm EIN	2016-12-31	135565207
2015 : AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$3,218,449
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$6,179,710
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$6,178,550
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$3,354,811
Value of total assets at end of year	2015-12-31	$79,951,607
Value of total assets at beginning of year	2015-12-31	$82,912,868
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$1,160
Total interest from all sources	2015-12-31	$24,836
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$3,249,689
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$3,249,689
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$2,235,610
Participant contributions at end of year	2015-12-31	$832,069
Participant contributions at beginning of year	2015-12-31	$721,275
Participant contributions at end of year	2015-12-31	$37,216
Participant contributions at beginning of year	2015-12-31	$37,041
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$96,935
Administrative expenses (other) incurred	2015-12-31	$1,160
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$-2,961,261
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$79,951,607
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$82,912,868
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$78,958,428
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$82,024,711
Interest on participant loans	2015-12-31	$24,836
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-3,410,887
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$1,022,266
Employer contributions (assets) at end of year	2015-12-31	$123,894
Employer contributions (assets) at beginning of year	2015-12-31	$129,841
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$6,178,550
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	KPMG, LLP
Accountancy firm EIN	2015-12-31	135565207
2014 : AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$9,882,641
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$6,617,768
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$6,616,468
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$3,493,680
Value of total assets at end of year	2014-12-31	$82,912,868
Value of total assets at beginning of year	2014-12-31	$79,647,995
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$1,300
Total interest from all sources	2014-12-31	$24,692
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$3,584,860
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$3,584,860
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$2,438,790
Participant contributions at end of year	2014-12-31	$721,275
Participant contributions at beginning of year	2014-12-31	$765,347
Participant contributions at end of year	2014-12-31	$37,041
Participant contributions at beginning of year	2014-12-31	$38,680
Other income not declared elsewhere	2014-12-31	$23,493
Administrative expenses (other) incurred	2014-12-31	$1,300
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$3,264,873
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$82,912,868
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$79,647,995
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$82,024,711
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$78,712,877
Interest on participant loans	2014-12-31	$24,692
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$2,755,916
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$1,054,890
Employer contributions (assets) at end of year	2014-12-31	$129,841
Employer contributions (assets) at beginning of year	2014-12-31	$131,091
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$6,616,468
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	KPMG, LLP
Accountancy firm EIN	2014-12-31	135565207
2013 : AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$16,784,295
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$4,494,583
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$4,493,283
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$3,423,776
Value of total assets at end of year	2013-12-31	$79,647,995
Value of total assets at beginning of year	2013-12-31	$67,358,283
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$1,300
Total interest from all sources	2013-12-31	$25,880
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$2,203,024
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$2,203,024
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$2,231,017
Participant contributions at end of year	2013-12-31	$765,347
Participant contributions at beginning of year	2013-12-31	$782,309
Participant contributions at end of year	2013-12-31	$38,680
Participant contributions at beginning of year	2013-12-31	$34,590
Other income not declared elsewhere	2013-12-31	$1,767,724
Administrative expenses (other) incurred	2013-12-31	$1,300
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$12,289,712
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$79,647,995
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$67,358,283
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$78,712,877
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$66,526,332
Interest on participant loans	2013-12-31	$25,880
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$9,363,891
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$1,192,759
Employer contributions (assets) at end of year	2013-12-31	$131,091
Employer contributions (assets) at beginning of year	2013-12-31	$15,052
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$4,493,283
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	KPMG, LLP
Accountancy firm EIN	2013-12-31	135565207
2012 : AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$10,176,666
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$4,569,988
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$4,568,660
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$3,238,187
Value of total assets at end of year	2012-12-31	$67,358,283
Value of total assets at beginning of year	2012-12-31	$61,751,605
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$1,328
Total interest from all sources	2012-12-31	$23,131
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$1,572,142
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$1,572,142
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$2,121,834
Participant contributions at end of year	2012-12-31	$782,309
Participant contributions at beginning of year	2012-12-31	$777,912
Participant contributions at end of year	2012-12-31	$34,590
Participant contributions at beginning of year	2012-12-31	$39,277
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$60,394
Administrative expenses (other) incurred	2012-12-31	$1,328
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$5,606,678
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$67,358,283
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$61,751,605
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$66,526,332
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$60,917,012
Interest on participant loans	2012-12-31	$23,131
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$5,343,206
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$1,055,959
Employer contributions (assets) at end of year	2012-12-31	$15,052
Employer contributions (assets) at beginning of year	2012-12-31	$17,404
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$4,568,660
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	KPMG, LLP
Accountancy firm EIN	2012-12-31	135565207

Form 5500 Responses for AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN

2018: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: AMBAC ASSURANCE CORPORATION SAVINGS INCENTIVE PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	AMBAC ASSURANCE CORPORATION
Employer identification number (EIN):	391135174
NAIC Classification:	524150

Jurisdiction of Incorporation:	Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number:	566362