Plan Snapshot
- Plan Sponsor: John Bean Technologies Corporation
- Sponsor EIN: 911650317
- Sponsor Address: 70 WEST MADISON STREET, SUITE 4400, CHICAGO, IL, 60602
- Plan Type: 401(k)
- Total Participants: 2,279
- Total Assets: $458.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,279 | $458.2M | $14.4M | $20.2M |
| 2023 | 2,316 | $416.5M | $15.0M | $20.5M |
| 2022 | 3,342 | $359.9M | $14.7M | $20.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $27,135 | — | $27,135 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,135
- Estimated Expense Ratio: 0.006% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $355,142 | $145,860 | — | $27,135 | — |
| 2023 | $407,381 | — | $2,700 | $28,025 | — |
| 2022 | $427,358 | $134,247 | — | — | $29,260 |