401(k) · DOL Form 5500 · 2022

Spellman High Voltage Electronics Corporation 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
383
Participants Below avg headcount
88th
Percentile by assets National rank
$134,442
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spellman 401(k) Savings Plan · Sponsored by Spellman High Voltage Electronics Corporation · New York · Utilities

$51M in assets, 383 participants

Spellman High Voltage Electronics Corporation's Spellman 401(k) Savings Plan reported $51M in total assets and 383 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #407 in Utilities (738 peers)

Coverage in New York

Spellman 401(k) Savings Plan covers 383 participants in New York, about 48% of the average New York filer (state average ~798 per filing). Assets: $51M.

#407
in Utilities (738 peers)
-20.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spellman 401(k) Savings Plan's outsized position by total assets

Spellman 401(k) Savings Plan vs every filed plan by assets

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

$51,491,295 Top 12% higher than 88% 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

Spellman 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spellman 401(k) Savings Plan sits mid-pack in the medium band (383 participants).

Plan-year Form 5500 strip

Filing strip 132607577 · Spellman High Voltage Electronics Corporation PY 2022 · 401(k)

Spellman 401(k) Savings Plan · $51M · 383 · 88th

  • IND $51M
  • IND 383
  • IND 88th
  • IND 401(k)
  • IND near Abb Optical Group
  • IND ind #407

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 Utilities retirement plans → · Plans in New York →

Spellman 401(k) Savings Plan in the asset neighbourhood

Culligan Soft Water Services Savings PlanCulligan Soft Water Services…$52MSpellman 401(k) Savings Plan$51MAbb Optical Group$51MStefanini Retirement Savings PlanStefanini Retirement Savings…$51MGroendyke Transport Inc 401(k) PlanGroendyke Transport Inc 401(…$51M
End-of-year total assets ($M) among Spellman 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$51M
Net Income-$13M
Employer EIN132607577
Plan Effective Date1991-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spellman High Voltage Electronics Corporation)

Sponsor-wide plan assets over time

All Spellman High Voltage Electronics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$70M 36.72951903812091% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $51.5M $70.4M ▲ +36.7%
Year Plans Participants Total Assets
2022 1 383 $51M
2023 1 328 $61M
2024 1 357 $70M

Nearby 401(k) Plans in New York

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

Spellman 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Spellman 401(k) Savings Plan, Total assets ($B): 0.051491295 · Participants: 383Spellman 401(k) Savings PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Spellman 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Spellman 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Abb Optical Group in FL ($51M); by covered participants it is Cohn Family Corporate Profit Sharing Plan in PA (383 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($51M here).

Similar participant headcount

Nearest other-state filings by covered participants (383 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 Spellman 401(k) Savings Plan assets move in 2022?
Spellman 401(k) Savings Plan declined sharply - down 20.1% during 2022, from $64M to $51M. Reported net income was -$13M.
How have Spellman High Voltage Electronics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Spellman High Voltage Electronics Corporation's sponsor-wide assets grew 36.7%, from $51M to $70M.
Where does Spellman 401(k) Savings Plan rank by assets among Form 5500 filers?
Spellman 401(k) Savings Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Spellman 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Abb Optical Group in FL ($51M, 1,256 participants).
Which 401(k) plans cover a similar participant headcount to Spellman 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Cohn Family Corporate Profit Sharing Plan in PA (383 participants, $59M in assets).