# Jomar Bulk Carriers, INC. 401(k) Plan
Source: https://planprovider.pro/companies/jomar-bulk-carriers-inc-401k-plan

> Jomar Bulk Carriers, INC.'s 401(k) plan: 10 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Jomar Bulk Carriers, INC.

- **Sponsor EIN:** 223186139

- **Sponsor Address:** 207 WATCHUNG AVENUE, CRANFORD, NJ, 07016

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

- **Total Participants:** 10

- **Total Assets:** $1.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

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

## Plan Financials by Year

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

| 2024|10|$1.6M|$34,380|$98,362|

| 2023|10|$1.4M|$20,078|$104,419|

| 2022|7|$1.3M|$16,809|$72,080|

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