Jasper Engine Exchange, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Jasper Engine Exchange, Inc. 401(k) Plan Facts (plan year 2018)

Plan name
JASPER ENGINE EXCHANGE, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
JASPER ENGINE EXCHANGE, INC.
Participants
3,234 (2,821 active employees)
Former employees with a balance
347
Plan assets
$159,905,982 at Dec 31, 2018
Average account balance
$50,143 across 3,189 accounts
Employer contributions
$3,182,018 in plan year 2018 (26% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Jan 1, 1987
✓ Employer contributions✓ Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2018 (Jan 1, 2018 – Dec 31, 2018), filed Jun 13, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $12.3 million went into the plan in contributions, $3.18 million of it from the employer (26%).
  • $11.0 million was paid out to participants.
  • Administrative expenses were $424,598, about $133 per account.

How the Jasper Engine Exchange, Inc. 401(k) changed, 2013–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20131,637$105.6 million$2.50 million$9.99 million
20141,756$117.8 million$4.10 million$6.28 million
20152,635$136.3 million$5.23 million$6.94 million
20162,898$148.0 million$5.06 million$10.6 million
20173,065$170.0 million$3.08 million$9.64 million
20183,234$159.9 million$3.18 million$11.0 million

Jasper Engine Exchange, Inc. 401(k) Contact Information

Phone
812-482-1041
Mailing address
P.O. BOX 650, JASPER IN 475470650
Plan sponsor
JASPER ENGINE EXCHANGE, INC.
Employer identification number (EIN)
35-0907098
Plan number
002

Questions about the Jasper Engine Exchange, Inc. 401(k)

Is the Jasper Engine Exchange, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Jasper Engine Exchange, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $3.18 million, 26% of all contributions.

Does the Jasper Engine Exchange, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Jasper Engine Exchange, Inc 401(k) plan?

3,234 participants at the start of plan year 2018, 2,821 of them active employees, and 347 former employees who still had money in the plan.

What is the average 401(k) balance at Jasper Engine Exchange, Inc?

About $50,143 per account: $159.9 million in plan assets across 3,189 accounts with a balance at the end of plan year 2018.

Who manages the Jasper Engine Exchange, Inc 401(k) accounts?

FIFTH THIRD BANK is the plan's recordkeeper, which is where participants log in to see their balance.

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