401(k) · DOL Form 5500 · 2022

Spx Enterprises, LLC 401(k) Plan

Data updated 2026-08-25

$687M
Total assets Above avg plan size
2,664
Participants Above avg headcount
98th
Percentile by assets National rank
$257,996
Avg per participant Above avg balance/head
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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.

  • #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.

#20,039
in Manufacturing (20,602 peers)
-23.6%
assets change YoY
6.9×
vs typical plan assets (national mean)

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.

Spx Retirement Savings and Stock Ownership Plan's outsized position by total assets

Spx Retirement Savings and Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$687,300,082 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Spx Retirement Savings and Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spx Retirement Savings and Stock Ownership Plan lands in the large band (2,664 participants).

Form 5500 schedule snapshot

Filing strip 881769617 · Spx Enterprises, LLC PY 2022 · 401(k)

Spx Retirement Savings and Stock Ownership Plan · $687M · 2,664 · 98th

  • SCH $687M
  • SCH 2,664
  • SCH 98th
  • SCH 401(k)
  • SCH near Swinerton 401(k) & Savings Plan
  • SCH ind #20039

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

Spx Retirement Savings and Stock Ownership Plan in the asset neighbourhood

Michael Baker International 401(k) PlanMichael Baker International …$687MKwik Trip Profit Sharing 401(k) PlanKwik Trip Profit Sharing 401…$687MSwinerton 401(k) & Savings PlanSwinerton 401(k) & Savings P…$687MSpx Retirement Savings and Stock Ownership PlanSpx Retirement Savings and S…$687MSchlage Lock Company LLC Employee Savings PlanSchlage Lock Company LLC Emp…$686M
End-of-year total assets ($M) among Spx Retirement Savings and Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Spx Enterprises, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 30.36584520700987% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.86B $1.13B ▲ +31.4%
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 Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Spx Retirement Savings and Stock Ownership Plan, Total assets ($B): 0.687300082 · Participants: 2664Spx Retirement Savings and Stock Ownership PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Spx Retirement Savings and Stock Ownership Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Spx Retirement Savings and Stock Ownership Plan side-by-side with 3 peers →

Spx Retirement Savings and Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Swinerton 401(k) & Savings Plan in CA ($687M); by covered participants it is Nextsource, Inc. 401(k) Profit Sharing Plan & Trust in TN (2,664 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($687M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,664 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Spx Retirement Savings and Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nextsource, Inc. 401(k) Profit Sharing Plan & Trust in TN (2,664 participants, $17M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 881769617.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.