401(k) · DOL Form 5500 · 2022

Spx Enterprises, LLC 401(k) Plan

Data updated 2026-08-11

$687M
Total assets
2,664
Participants
98th
Percentile by assets
$257,996
Avg per participant
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Official DOL plan name: Spx Retirement Savings and Stock Ownership Plan · Sponsored by Spx Enterprises, LLC · North Carolina · Manufacturing

$687M in assets, 2,664 participants

Spx Enterprises, LLC's Spx Retirement Savings and Stock Ownership Plan reported $687M in total assets and 2,664 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #20,039 in Manufacturing (20,602 peers)

Coverage in North Carolina

Spx Retirement Savings and Stock Ownership Plan covers 2,664 participants in North Carolina, 3.3x the typical North Carolina plan (state average ~819 per filing). Assets: $687M.

$687M
total plan assets (2022 EOY)
2,664
covered participants
98th
percentile by assets (of 139,126 plans)
$257,996
avg assets per participant

The plan reported a net loss of $212M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Spx Retirement Savings and Stock Ownership Plan reports 2,664 participants - 3.3x that state average ($687M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$899M
Net Assets (End of Year)$687M
Net Income-$212M
Employer EIN881769617
Plan Effective Date1952-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spx Enterprises, LLC)

$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.86B $1.13B ▲ +31.4%
Total plan assets by year, all Spx Enterprises, LLC plans on file
Year Plans Participants Total Assets
2022 3 2,972 $864M
2023 3 3,133 $997M
2024 3 3,766 $1.1B

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Spx Retirement Savings and Stock Ownership Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Spx Retirement Savings and Stock Ownership Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Spx Retirement Savin…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Lowes 401(k) Plan
Spx Retirement Savings and Stock Ownership Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Spx Retirement Savings and Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Spx Retirement Savings and Stock Ownership Plan assets move in 2022?
Spx Retirement Savings and Stock Ownership Plan declined sharply - down 23.6% during 2022, from $899M to $687M. Reported net income was -$212M.
How have Spx Enterprises, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Spx Enterprises, LLC's sponsor-wide assets grew 30.4%, from $864M to $1.1B.
Where does Spx Retirement Savings and Stock Ownership Plan rank by assets among Form 5500 filers?
Spx Retirement Savings and Stock Ownership Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Spx Retirement Savings and Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is Swinerton 401(k) & Savings Plan in CA ($687M, 2,147 participants).

Next read for Spx Retirement Savings and Stock Ownersh…

Filing takeaways

Ways to act on Spx Retirement Savings and Stock Ownership Plan's numbers.

  • By total assets, Spx Retirement Savings and Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • Spx Enterprises, LLC's sponsor-wide assets have grown 30.4% since 2022 across 3 plan years on file. More Manufacturing plans