Jamaica Bearings Co., Inc 401(k) Plan (terminated 2022): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2022, when $16.5 million was transferred out of the plan. Assets moved to the THE ALCOTT GROUP 401(K) PLAN (sponsored by ALCOTT HR GROUP, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the THE ALCOTT GROUP 401(K) PLAN →Jamaica Bearings Co., Inc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2022 filing.
Jamaica Bearings Co., Inc 401(k) Plan Facts (plan year 2022)
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Apr 29, 2022), filed Mar 1, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $233,151 went into the plan in contributions, $29,481 of it from the employer (13%).
- $1.23 million was paid out to participants.
How the Jamaica Bearings Co., Inc 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 154 | $13.1 million | $134,397 | $980,231 |
| 2018 | 151 | $13.5 million | $141,440 | $125,915 |
| 2019 | 164 | $16.6 million | $140,533 | $1.10 million |
| 2020 | 177 | $17.7 million | $125,909 | $2.64 million |
| 2021 | 167 | $19.8 million | $116,757 | $1.59 million |
| 2022 (final) | 148 | $0 | $29,481 | $1.23 million |
Jamaica Bearings Co., Inc 401(k) Contact Information
Questions about the Jamaica Bearings Co., Inc 401(k)
Is the Jamaica Bearings Co., Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the THE ALCOTT GROUP 401(K) PLAN.
Does Jamaica Bearings Co., Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $29,481, 13% of all contributions.
Does the Jamaica Bearings Co., Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Jamaica Bearings Co., Inc 401(k) plan?
148 participants at the start of plan year 2022.
Who manages the Jamaica Bearings Co., Inc 401(k) accounts?
Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.