Defined Benefit (Pension) · DOL Form 5500 · 2022

Spx Enterprises, LLC Pension Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
19
Participants Small participant base
56th
Percentile by assets National rank
$348,827
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Patterson-Kelley Hourly Employees Pension Plan · Sponsored by Spx Enterprises, LLC · North Carolina · Manufacturing

$7M in assets, 19 participants

Spx Enterprises, LLC's Patterson-Kelley Hourly Employees Pension Plan reported $7M in total assets and 19 participants in its 2022 DOL Form 5500 filing, ranking in the 56th 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.

  • #8,573 in Manufacturing (20,602 peers)

Spx Enterprises, LLC multi-year trail

Spx Enterprises, LLC's plans moved +30.4% in assets from 2022 to 2024; this filing shows Patterson-Kelley Hourly Employees Pension Plan at $7M / 19 participants.

#8,573
in Manufacturing (20,602 peers)
-23.3%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Patterson-Kelley Hourly Employees Pension Plan's mid-pack asset rank among Manufacturing and all filers

Patterson-Kelley Hourly Employees Pension Plan vs every filed plan by assets

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

$6,627,719 Top 44% higher than 56% 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

Patterson-Kelley Hourly Employees Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Patterson-Kelley Hourly Employees Pension Plan is a small filing (19 participants) on this national headcount ladder.

DOL schedule card

Filing strip 881769617 · Spx Enterprises, LLC PY 2022 · Defined Benefit (Pension)

Patterson-Kelley Hourly Employees Pension Plan · $7M · 19 · 56th

  • EBSA $7M
  • EBSA 19
  • EBSA 56th
  • EBSA Defined Benefit (Pension)
  • EBSA near Southern Connecticut Vascular Center Cash Balance Plan
  • EBSA ind #8573

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 →

Patterson-Kelley Hourly Employees Pension Plan in the asset neighbourhood

Former Elant Employees Pension PlanFormer Elant Employees Pensi…$7MLight Metals Corporation UAW Retirement Income PlanLight Metals Corporation UAW…$7MHourly Employees' Pension Plan of Rollex CorporationHourly Employees' Pension Pl…$7MPatterson-Kelley Hourly Employees Pension PlanPatterson-Kelley Hourly Empl…$7MSouthern Connecticut Vascular Center Cash Balance PlanSouthern Connecticut Vascula…$7M
End-of-year total assets ($M) among Patterson-Kelley Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Spx Enterprises, LLC multi-year asset trail

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

Spx Enterprises, LLC filing trail (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$2M
Employer EIN881769617
Plan Effective Date1957-04-29
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Patterson-Kelley Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Patterson-Kelley Hourly Employees Pension Plan, Total assets ($B): 0.006627719 · Participants: 19Patterson-Kelley Hourly Employees Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
Patterson-Kelley Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Patterson-Kelley Hourly Employees Pension Plan side-by-side with 3 peers →

Patterson-Kelley Hourly Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Southern Connecticut Vascular Center Cash Balance Plan in CT ($7M); by covered participants it is Advanced Polymer, Inc. Cash Balance Plan in NJ (19 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19 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 Patterson-Kelley Hourly Employees Pension Plan assets move in 2022? ▼
Patterson-Kelley Hourly Employees Pension Plan declined sharply - down 23.3% during 2022, from $9M to $7M. Reported net income was -$2M.
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.
Which Defined Benefit (Pension) plans are similar in size to Patterson-Kelley Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Southern Connecticut Vascular Center Cash Balance Plan in CT ($7M, 115 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Patterson-Kelley Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Advanced Polymer, Inc. Cash Balance Plan in NJ (19 participants, $4K 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.