Johnson Machine Works 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Johnson Machine Works
  • Sponsor EIN: 420639871
  • Sponsor Address: 318 NORTH ELEVENTH STREET, CHARITON, IA, 50049
  • Plan Type: 401(k)
  • Total Participants: 76
  • Total Assets: $14.0M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: No
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202476$14.0M$190,260$418,086
202372$11.7M$186,591$434,228
202269$11.1M$178,286$418,440

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