Defined Benefit (Pension) · DOL Form 5500 · 2024

John Bean Technologies Corporation Pension Plan

Data updated 2026-08-11

$186M
Total assets
547
Participants
94th
Percentile by assets
$339,150
Avg per participant
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Official DOL plan name: Jbt Corporation Employees' Retirement Program · Sponsored by John Bean Technologies Corporation · Illinois · Manufacturing

$186M in assets, 547 participants

John Bean Technologies Corporation's Jbt Corporation Employees' Retirement Program reported $186M in total assets and 547 participants in its 2024 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 123,622 plans)
  • #16,153 in Manufacturing (17,777 peers)

Where Jbt Corporation Employees' Retirement Program sits by assets

Jbt Corporation Employees' Retirement Program sits in the top 10% of all filed plans by assets, $186M for 547 participants (~$339,150/participant), down 21.0% in 2024.

$186M
total plan assets (2024 EOY)
547
covered participants
94th
percentile by assets (of 123,622 plans)
$339,150
avg assets per participant

The plan reported a net loss of $49M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Jbt Corporation Employees' Retirement Program reported net income fell from $1M in the plan year 2023 filing to -$49M in the plan year 2024 filing.
  • Jbt Corporation Employees' Retirement Program end-of-year assets fell from $235M in the plan year 2023 filing to $186M in the plan year 2024 filing.
  • Jbt Corporation Employees' Retirement Program reported participants fell from 595 in the plan year 2023 filing to 547 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Jbt Corporation Employees' Retirement Program vs the 2024 asset distribution

By assets, Jbt Corporation Employees' Retirement Program outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$235M
Net Assets (End of Year)$185M
Net Income-$49M
Employer EIN911650317
Plan Effective Date2008-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (John Bean Technologies Corporation)

$600M$620M$640M$660M$680M 202220232024 $607M $644M ▲ +6.1%
Total plan assets by year, all John Bean Technologies Corporation plans on file
Year Plans Participants Total Assets
2022 3 4,210 $607M
2023 3 4,522 $668M
2024 3 3,499 $644M

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Jbt Corporation Employees' Retirement Program vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Jbt Corporation Employees' Retirement Program vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Jbt Corporation Empl…Central States, Sout…State Farm Insurance…GE Healthcare Pensio…Abbott Laboratories …United Food & Commer…
Jbt Corporation Employees' Retirement Program vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Jbt Corporation Employees' Retirement Program by total assets, not by location.

Frequently Asked Questions

How did Jbt Corporation Employees' Retirement Program assets move in 2024?
Jbt Corporation Employees' Retirement Program declined sharply - down 21.0% during 2024, from $235M to $186M. Reported net income was -$49M.
How have John Bean Technologies Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), John Bean Technologies Corporation's sponsor-wide assets grew 6.1%, from $607M to $644M.
Where does Jbt Corporation Employees' Retirement Program rank by assets among Form 5500 filers?
Jbt Corporation Employees' Retirement Program ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Jbt Corporation Employees' Retirement Program?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wec Energy Group Retirement Plan for Wec Business Services in WI ($185M, 328 participants).

Next read for Jbt Corporation Employees' Retirement Pr…

Scale reading

Ways to act on Jbt Corporation Employees' Retirement Program's numbers.

  • By total assets, Jbt Corporation Employees' Retirement Program ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
  • John Bean Technologies Corporation's sponsor-wide assets have grown 6.1% since 2022 across 3 plan years on file. More Manufacturing plans