AARON’S 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of AARON’S 401(K) RETIREMENT PLAN is $154,383,476.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in AARON’S 401(K) RETIREMENT PLAN is 9683

In 2022, the average participant retirement account value for AARON’S 401(K) RETIREMENT PLAN is $15,943

In 2022, the estimated average employee contribution amount per participant for AARON’S 401(K) RETIREMENT PLAN is $1,191

In 2022, the estimated average employer match for an employee in AARON’S 401(K) RETIREMENT PLAN is approximately $634

In 2022, AARON’S 401(K) RETIREMENT PLAN allocates $6,143,906 to match its employees’ contributions, providing an employer match rate of 52.82% of their contributions

In 2022, the total retirement plan asset growth rate of AARON’S 401(K) RETIREMENT PLAN is 11.67%

In 2022, the estimated aggregate retirement account investment gain/loss for AARON’S 401(K) RETIREMENT PLAN is -14.60%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AARON’S 401(K) RETIREMENT PLAN is 0.17%.

Enrollment Features

AARON’S 401(K) RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.