AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is $22,734,957.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is 657

In 2022, the average participant retirement account value for AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is $34,604

In 2022, the estimated average employee contribution amount per participant for AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is $3,819

In 2022, the estimated average employer match for an employee in AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is approximately $1,231

In 2022, AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN allocates $809,154 to match its employees’ contributions, providing an employer match rate of 33.52% of their contributions

In 2022, the total retirement plan asset growth rate of AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is -16.15%

In 2022, the estimated aggregate retirement account investment gain/loss for AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is -19.91%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS PLAN is 0.15%.

Enrollment Features

AAR AIRCRAFT SERVICES MIAMI RETIREMENT SAVINGS 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.