401(k)
2022 plan-year 401(k) DOL Form 5500

Spirax Sarco, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Spirax Sarco, Inc. · South Carolina · Manufacturing

What the 2023 filing shows

Spirax Sarco, Inc. 401(k) Plan holds $65M for 516 participants — about $125,922 per participant, down 13.7% over the 2022 plan year.

$65M
total plan assets (2022 EOY)
516
covered participants
$125,922
avg assets per participant
-13.7%
assets change YoY

The plan reported a net loss of $10M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$65M
Participants
516
Industry
Manufacturing

What the Filing Says About Spirax Sarco, Inc. 401(k) Plan

Spirax Sarco, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Spirax Sarco, Inc., headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $65M in total end-of-year assets and covers 516 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 232239452, and the plan has been effective since 1989-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $75M at the beginning of 2022 to $65M at year-end — a decline of 13.7%. Net assets (after liabilities) closed the year at $65M, with reported net income of $-10,338,915 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$75M
Total Assets (End of Year)$65M
Net Assets (End of Year)$65M
Net Income$-10,338,915
Plan Type401(k)
Employer EIN232239452
Plan Effective Date1989-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spirax Sarco, Inc.)

Year Plans Participants Total Assets
2022 2 755 $124M
2023 2 776 $193M
2024 2 1,261 $209M

Nearby 401(k) Plans in South Carolina

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Frequently Asked Questions

How much money is in the Spirax Sarco, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Spirax Sarco, Inc. 401(k) Plan holds $65M in total assets with 516 participants. It is sponsored by Spirax Sarco, Inc..
What type of plan is Spirax Sarco, Inc. 401(k) Plan?
Spirax Sarco, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1989-12-01. The plan is filed with the U.S. Department of Labor under EIN 232239452.
Who sponsors the Spirax Sarco, Inc. 401(k) Plan?
Spirax Sarco, Inc. 401(k) Plan is sponsored by Spirax Sarco, Inc., located in South Carolina. The sponsor's EIN is 232239452 and the plan operates in the Manufacturing industry.
How did Spirax Sarco, Inc. 401(k) Plan perform in 2022?
Spirax Sarco, Inc. 401(k) Plan declined by 13.7% during 2022, moving from $75M to $65M in total assets. Net income was $-10,338,915.
Where can I find official filings for Spirax Sarco, Inc. 401(k) Plan?
Official Form 5500 filings for Spirax Sarco, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 232239452 or plan name at efast.dol.gov.
How does Spirax Sarco, Inc. 401(k) Plan compare to other plans?
You can compare Spirax Sarco, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 232239452.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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