Aaron's, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Aaron's, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
AARON'S INC. EMPLOYEES RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AARON'S, INC.
Participants
12,293 (11,984 active employees)
Former employees with a balance
827
Plan assets
$142,128,527 at Dec 31, 2019
Average account balance
$34,657 across 4,101 accounts
Employer contributions
$7,169,238 in plan year 2019 (32% of all contributions)
Recordkeeper
Milliman, Inc.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Apr 1, 1985
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Jul 7, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $22.6 million went into the plan in contributions, $7.17 million of it from the employer (32%).
  • $16.4 million was paid out to participants.
  • Investment and other income added $27.0 million.
  • Administrative expenses were $341,705, about $83 per account.

How the Aaron's, Inc. 401(k) changed, 20142019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201413,486$58.8 million$4.06 million$5.14 million
201513,217$63.4 million$4.54 million$6.63 million
201613,086$81.3 million$5.31 million$8.60 million
201711,621$106.4 million$5.61 million$11.4 million
201811,711$109.2 million$6.72 million$13.4 million
201912,293$142.1 million$7.17 million$16.4 million

Aaron's, Inc. 401(k) Contact Information

Phone
678-402-3000
Mailing address
400 GALLERIA PARKWAY, SE SUITE 300, ATLANTA GA 30339
Plan sponsor
AARON'S, INC.
Employer identification number (EIN)
58-0687630
Plan number
001

Questions about the Aaron's, Inc. 401(k)

Is the Aaron's, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Aaron's, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $7.17 million, 32% of all contributions.

Does the Aaron's, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Aaron's, Inc 401(k) plan?

12,293 participants at the start of plan year 2019, 11,984 of them active employees, and 827 former employees who still had money in the plan.

What is the average 401(k) balance at Aaron's, Inc?

About $34,657 per account: $142.1 million in plan assets across 4,101 accounts with a balance at the end of plan year 2019.

Who manages the Aaron's, Inc 401(k) accounts?

Milliman (listed on the filing as MILLIMAN, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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