401(k) · DOL Form 5500 · 2023

Sp Plus Corporation 401(k) Plan

Data updated 2026-08-11

$181M
Total assets
12,571
Participants
94th
Percentile by assets
$14,418
Avg per participant
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Official DOL plan name: Sp+ 401(k) Savings Plan · Sponsored by Sp Plus Corporation · Illinois · Other Services

$181M in assets, 12,571 participants

Sp Plus Corporation's Sp+ 401(k) Savings Plan reported $181M in total assets and 12,571 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #7,724 in Other Services (7,857 peers)

Coverage in Illinois

Sp+ 401(k) Savings Plan covers 12,571 participants in Illinois, 16x the typical Illinois plan (state average ~779 per filing). Assets: $181M.

$181M
total plan assets (2023 EOY)
12,571
covered participants
94th
percentile by assets (of 127,072 plans)
$14,418
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sp+ 401(k) Savings Plan reported net income rose from -$27M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Sp+ 401(k) Savings Plan end-of-year assets rose from $157M in the plan year 2022 filing to $181M in the plan year 2023 filing.
  • Sp+ 401(k) Savings Plan reported participants rose from 11,171 in the plan year 2022 filing to 12,571 in the plan year 2023 filing.

See the national 2022→2023 release diff →

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 12,571 participants - 16x that state average ($181M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$157M
Net Assets (End of Year)$181M
Net Income$24M
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. 050000100000150000200000250000 -505101520 Total assets ($B) Participants Sp+ 401(k) Savings P…Accenture United Sta…State Farm 401(k) Sa…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 $181M in end-of-year assets across 12,571 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $14,418 per participant (10% of the national average assets-per-participant) . Net income for plan year 2023 was $24M.

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 Open filing
2023 12,571 $181M This page
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 2023?
Sp+ 401(k) Savings Plan grew sharply - up 15.4% during 2023, from $157M to $181M. Reported net income was $24M.
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 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% 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 Rehab Employee Services 401(k) Plan in AL ($181M, 7,314 participants).

Filing takeaways

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