# Jbt Power, INC 401(k) Plan
Source: https://planprovider.pro/companies/jbt-power-inc-831828199-001

> Jbt Power, INC&#39;s 401(k) plan: 12 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Jbt Power, INC

- **Sponsor EIN:** 831828199

- **Sponsor Address:** 1204 US HIGHWAY 98, DAPHNE, AL, 36526

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 12

- **Total Assets:** $1.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|12|$1.9M|$27,619|$88,876|

| 2024|13|$1.7M|$29,971|$87,202|

| 2023|16|$1.3M|$84,751|$26,220|

| 2022|12|$864,380|$24,736|$76,281|

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