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John Bean Technologies Corporation Savings and Investment Plan
John Bean Technologies Corporation, Chicago IL. Employer ID 911650317, plan number 002. Annual reports on file for 2009 to 2024.
Where the money went
Plans that moved money into this one:
- 2021: money from A&b Process Systems Corp 401(k) Profit Sharing Plan and Trust moved in.
- 2022: money from Aerotech Corporation Airport Services Savings and Investment Plan moved in.
- 2023: money from A&b Process Systems Corp 401(k) Profit Sharing Plan and Trust moved in.
- 2023: money from Aerotech Corporation Airport Services Savings and Investment Plan moved in.
- Filed 2009-2024John Bean Technologies Corporation Savings and Investment Plan, John Bean Technologies Corporation
- TodayJohn Bean Technologies Corporation Savings and Investment Plan still files. Fidelity Investments Institutional keeps the records. That is where to ask.
Records are kept by Fidelity Investments Institutional, per the 2024 filing.
Left in 2023? Worth asking about employer money
- In plan year 2023, active participants fell from 3,342 to 2,316 (31%), and 214 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. Filing
This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.
Worked here?
Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.
Events in the filings
- 2023: The plan reported that it didn't pay some benefits on time.
- 2024: The plan reported that it didn't pay some benefits on time.
People in the plan
"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Left, still in the plan | Source |
|---|---|---|---|
| 2013 | 2,202 | 328 | Filing |
| 2014 | 2,387 | 363 | Filing |
| 2015 | 2,500 | 389 | Filing |
| 2016 | 2,991 | 398 | Filing |
| 2017 | 3,276 | 453 | Filing |
| 2018 | 3,325 | 532 | Filing |
| 2019 | 3,520 | 631 | Filing |
| 2020 | 3,469 | 621 | Filing |
| 2021 | 3,699 | 663 | Filing |
| 2022 | 4,114 | 742 | Filing |
| 2023 | 3,695 | 1,340 | Filing |
| 2024 | 3,465 | 1,147 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.