Company: BOKF
Filing Date: 2025-06-16
Form Type: 11-K
Source: 0000875357-25-000036
Chunk: 5

Company: BOK FINANCIAL CORP
Filing Date: 2025-06-16
Form: 11-K
Chunk 5
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 For the 2024 Plan year, the matching contribution of $33,824,933 was made in cash. Participants with six months of service are eligible for Employer matching contributions on the first day of the quarter.

5

For each dollar of a participant's contribution, up to 6% of compensation per pay period, based on the participant's years of service, the Employer makes a matching contribution that increases as follows:

| Years of Service      |     | Matching Percentage |
| Less than four years  |     | 50%                 |
| Four to nine years    |     | 100%                |
| Ten to fourteen years |     | 150%                |
| Fifteen or more years |     | 200%                |

Matching contributions for the 2024 Plan year were limited to a maximum of $41,400 based on the participant's years of service and the Internal Revenue Code (the Code) annual compensation limit.

The Company also makes a special contribution (Qualified Non-Elective Contribution) for participants making less than $60,000. This special contribution ranges from $300 to $600 based on compensation levels. Participants with one year of service, defined as 1,000 hours of service during the Plan year, are eligible for the special contribution. The aggregate special contribution for the 2024 Plan year was $570,850.

The Employer may, at its sole discretion, make an additional discretionary contribution to the Plan. There was no additional discretionary contribution for the year ended December 31, 2024.

Participant accounts

Each participant's account is credited with the participant's contributions, Employer matching and special contributions, as well as allocations of the Plan earnings. Participants are charged with an allocation of certain administrative expenses that are paid by the Plan. Allocations are based on participant earnings, account balances, or specific participant transactions, as defined in the Plan document. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.

Vesting

Participants vest in Employer matching contributions based upon years of service, as defined in the Plan document. Participants are vested at 20% per year making them fully vested upon completion of five years of service and are immediately vested in their deferred pre-tax, Roth 401(k), after-tax contributions, Employer special contributions and the actual earnings thereon.

Notes receivable from participants

Participants may borrow against their accounts in amounts of not less than $1,000 and not to exceed the lesser of 50% of the participant's vested