ARAMCO U.S. SAVINGS PLAN

At the end of 2022, the total retirement plan assets of ARAMCO U.S. SAVINGS PLAN is $2,595,687,000.This plan was established in 1954.

At the end of 2022, the total number of retirement plan participants in ARAMCO U.S. SAVINGS PLAN is 3793

In 2022, the average participant retirement account value for ARAMCO U.S. SAVINGS PLAN is $684,336

In 2022, the estimated average employee contribution amount per participant for ARAMCO U.S. SAVINGS PLAN is $10,919

In 2022, the estimated average employer match for an employee in ARAMCO U.S. SAVINGS PLAN is approximately $7,256

In 2022, ARAMCO U.S. SAVINGS PLAN allocates $27,523,000 to match its employees’ contributions, providing an employer match rate of 65.11% of their contributions

In 2022, the total retirement plan asset growth rate of ARAMCO U.S. SAVINGS PLAN is -14.83%

In 2022, the estimated aggregate retirement account investment gain/loss for ARAMCO U.S. SAVINGS PLAN is -12.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ARAMCO U.S. SAVINGS PLAN is 0.00%.

Enrollment Features

ARAMCO U.S. 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.