AAON, INC. SAVINGS AND INVESTMENT PLAN
Overview
Plan Contact
- Address: 2425 SOUTH YUKON AVENUE,TULSA,OK
- Contact person: REBECCA THOMPSON
- Phone: (918) 583-2266
Plan General Information
At the end of 2022, the total retirement plan assets of AAON, INC. SAVINGS AND INVESTMENT PLAN is $225,063,783.This plan was established in 1989.
At the end of 2022, the total number of retirement plan participants in AAON, INC. SAVINGS AND INVESTMENT PLAN is 4914
In 2022, the average participant retirement account value for AAON, INC. SAVINGS AND INVESTMENT PLAN is $45,800
In 2022, the estimated average employee contribution amount per participant for AAON, INC. SAVINGS AND INVESTMENT PLAN is $2,968
In 2022, the estimated average employer match for an employee in AAON, INC. SAVINGS AND INVESTMENT PLAN is approximately $3,139
In 2022, AAON, INC. SAVINGS AND INVESTMENT PLAN allocates $15,428,947 to match its employees’ contributions, providing an employer match rate of 137.96% of their contributions
In 2022, the total retirement plan asset growth rate of AAON, INC. SAVINGS AND INVESTMENT PLAN is -0.41%
In 2022, the estimated aggregate retirement account investment gain/loss for AAON, INC. SAVINGS AND INVESTMENT PLAN is -4.65%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AAON, INC. SAVINGS AND INVESTMENT PLAN is 0.15%.
Enrollment Features
AAON, INC. SAVINGS AND INVESTMENT 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.