401(k) · DOL Form 5500 · 2022

Sp Plus Corporation 401(k) Plan

Data updated 2026-08-11

$157M
Total assets
11,171
Participants
95th
Percentile by assets
$14,060
Avg per participant
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Official DOL plan name: Sp+ 401(k) Savings Plan · Sponsored by Sp Plus Corporation · Illinois · Other Services

$157M in assets, 11,171 participants

Sp Plus Corporation's Sp+ 401(k) Savings Plan reported $157M in total assets and 11,171 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #8,263 in Other Services (8,398 peers)

Coverage in Illinois

Sp+ 401(k) Savings Plan covers 11,171 participants in Illinois, 14x the typical Illinois plan (state average ~779 per filing). Assets: $157M.

$157M
total plan assets (2022 EOY)
11,171
covered participants
95th
percentile by assets (of 139,126 plans)
$14,060
avg assets per participant

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Sp+ 401(k) Savings Plan reports 11,171 participants - 14x that state average ($157M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$184M
Net Assets (End of Year)$157M
Net Income-$27M
Employer EIN161171179
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sp Plus Corporation)

$140M$160M$180M$200M$220M 202220232024 $157M $203M ▲ +29.0%
Total plan assets by year, all Sp Plus Corporation plans on file
Year Plans Participants Total Assets
2022 1 11,171 $157M
2023 1 12,571 $181M
2024 1 14,168 $203M

Nearby 401(k) Plans in Illinois

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

Sp+ 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Sp+ 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -505101520 Total assets ($B) Participants Sp+ 401(k) Savings P…State Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Sp+ 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Sp+ 401(k) Savings Plan

Sp+ 401(k) Savings Plan reports $157M in end-of-year assets across 11,171 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $14,060 per participant (10% of the national average assets-per-participant) . Net income for plan year 2022 was -$27M.

This plan identity (EIN 161171179, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $157M to $203M (+29.0%) while covered participants moved from 11,171 to 14,168 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,171 $157M This page
2023 12,571 $181M Open filing
2024 · index core 14,168 $203M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sp+ 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sp+ 401(k) Savings Plan assets move in 2022?
Sp+ 401(k) Savings Plan pulled back noticeably - down 14.8% during 2022, from $184M to $157M. Reported net income was -$27M.
How have Sp Plus Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Sp Plus Corporation's sponsor-wide assets grew 29.0%, from $157M to $203M.
Where does Sp+ 401(k) Savings Plan rank by assets among Form 5500 filers?
Sp+ 401(k) Savings Plan ranks in the 95th 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 Sp+ 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Golden 1 Employee Savings and Investment Plan in CA ($157M, 1,916 participants).

Filing takeaways

Ways to act on Sp+ 401(k) Savings Plan's numbers.