# Jones Machine & Tool, INC. 401(k) Plan
Source: https://planprovider.pro/companies/jones-machine-tool-inc-401k-plan

> Jones Machine & Tool, INC.'s 401(k) plan: 78 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Jones Machine & Tool, INC.

- **Sponsor EIN:** 351887070

- **Sponsor Address:** 14710 N CROSS ROAD NW, FREDERICKSBURG, IN, 47120

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

- **Total Participants:** 78

- **Total Assets:** $3.1M

## 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.|

| 2024|78|$3.1M|$88,103|$207,130|

| 2023|72|$2.4M|$85,275|$199,134|

| 2022|78|$1.9M|$87,187|$217,076|

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