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.