American Well Corporation 401(k) Plan: Login, Facts & Contact Information
American Well Corporation 401(k) Login
460 former American Well Corporation employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
American Well Corporation 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jun 16, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $15.0 million went into the plan in contributions, $3.11 million of it from the employer (21%).
- $15.4 million was paid out to participants.
- Investment and other income added $15.3 million.
- Administrative expenses were $243,903, about $225 per account.
How the American Well Corporation 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 614 | $31.3 million | $1.81 million | $1.87 million |
| 2020 | 776 | $46.7 million | $2.09 million | $2.40 million |
| 2021 | 924 | $60.8 million | $2.77 million | $6.87 million |
| 2022 | 1,003 | $69.1 million | $3.25 million | $3.66 million |
| 2023 | 1,362 | $93.8 million | $3.66 million | $8.11 million |
| 2024 | 1,404 | $108.4 million | $3.11 million | $15.4 million |
American Well Corporation 401(k) Contact Information
Questions about the American Well Corporation 401(k)
Does American Well Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.11 million, 21% of all contributions.
Does the American Well Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the American Well Corporation 401(k) plan?
1,404 participants at the start of plan year 2024, 768 of them active employees, and 460 former employees who still had money in the plan.
What is the average 401(k) balance at American Well Corporation?
About $100,150 per account: $108.4 million in plan assets across 1,082 accounts with a balance at the end of plan year 2024.
Who manages the American Well Corporation 401(k) accounts?
Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at American Well Corporation. How do I access my 401(k)?
Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.