401(k) · DOL Form 5500 · 2023

Spx Enterprises, LLC 401(k) Plan

Data updated 2026-08-25

$826M
Total assets Above avg plan size
2,872
Participants Above avg headcount
98th
Percentile by assets National rank
$287,469
Avg per participant High 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

$826M in assets, 2,872 participants

Spx Enterprises, LLC's Spx Retirement Savings and Stock Ownership Plan reported $826M in total assets and 2,872 participants in its 2023 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.

  • #18,176 in Manufacturing (18,722 peers)

Coverage in North Carolina

Spx Retirement Savings and Stock Ownership Plan covers 2,872 participants in North Carolina, 3.5x the typical North Carolina plan (state average ~819 per filing). Assets: $826M.

#18,176
in Manufacturing (18,722 peers)
+20.1%
assets growth YoY
8.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$825,611,783 Top 2% higher than 98% of 127,068 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 2023

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

Plan-year 2023 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 (2,872 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spx Retirement Savings and Stock Ownership Plan reported net income rose from -$212M in the plan year 2022 filing to $125M in the plan year 2023 filing.
  • Spx Retirement Savings and Stock Ownership Plan end-of-year assets rose from $687M in the plan year 2022 filing to $826M in the plan year 2023 filing.
  • Spx Retirement Savings and Stock Ownership Plan reported participants rose from 2,664 in the plan year 2022 filing to 2,872 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 881769617 · Spx Enterprises, LLC PY 2023 · 401(k)

Spx Retirement Savings and Stock Ownership Plan · $826M · 2,872 · 98th

  • RANK $826M
  • PHOTO 2,872
  • IND 98th
  • EOY 401(k)
  • 5500 near International Flavors & Fragrances Inc. Retirement Investment Fund Plan
  • ASSETS ind #18176

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

Nfp Corp. 401(k) Plan$828MInternational Flavors & Fragrances Inc. Retirement Investment Fund PlanInternational Flavors & Frag…$827MSpx Retirement Savings and Stock Ownership PlanSpx Retirement Savings and S…$826MSchneider National, Inc. 401(k) Savings and Retirement PlanSchneider National, Inc. 401…$824MBread Financial 401(k) Plan$824M
End-of-year total assets ($M) among Spx Retirement Savings and Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$687M
Net Assets (End of Year)$826M
Net Income$125M
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. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Spx Retirement Savings and Stock Ownership Plan, Total assets ($B): 0.825611783 · Participants: 2872Spx Retirement Savings and Stock Ownership PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings 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 International Flavors & Fragrances Inc. Retirement Investment Fund Plan in NY ($827M); by covered participants it is Cooper Tire & Rubber Company Spectrum Investment Savings Plan in OH (2,871 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($826M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,872 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Spx Retirement Savings and Stock Ownership Plan grew sharply - up 20.1% during 2023, from $687M to $826M. Reported net income was $125M.
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 127,072 plans that reported assets for plan year 2023 (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 International Flavors & Fragrances Inc. Retirement Investment Fund Plan in NY ($827M, 1,988 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 Cooper Tire & Rubber Company Spectrum Investment Savings Plan in OH (2,871 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.