Defined Benefit (Pension) · DOL Form 5500 · 2024

Spx Enterprises, LLC Pension Plan

Data updated 2026-08-25

$151M
Total assets Near avg plan size
219
Participants Below avg headcount
93rd
Percentile by assets National rank
$689,925
Avg per participant High balance/head
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Official DOL plan name: Spx US Pension Plan · Sponsored by Spx Enterprises, LLC · North Carolina · Manufacturing

$151M in assets, 219 participants

Spx Enterprises, LLC's Spx US Pension Plan reported $151M in total assets and 219 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #15,899 in Manufacturing (17,777 peers)

Coverage in North Carolina

Spx US Pension Plan covers 219 participants in North Carolina, about 27% of the average North Carolina filer (state average ~819 per filing). Assets: $151M.

#15,899
in Manufacturing (17,777 peers)
-8.3%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spx US Pension Plan's outsized position by total assets

Spx US Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$151,093,637 Top 7% higher than 93% of 123,620 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 2024

Spx US Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spx US Pension Plan sits mid-pack in the medium band (219 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spx US Pension Plan reported net income fell from -$5M in the plan year 2023 filing to -$14M in the plan year 2024 filing.
  • Spx US Pension Plan reported participants fell from 243 in the plan year 2023 filing to 219 in the plan year 2024 filing.
  • Spx US Pension Plan end-of-year assets fell from $165M in the plan year 2023 filing to $151M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 881769617 · Spx Enterprises, LLC PY 2024 · Defined Benefit (Pension)

Spx US Pension Plan · $151M · 219 · 93rd

  • EIN $151M
  • EIN 219
  • EIN 93rd
  • EIN Defined Benefit (Pension)
  • EIN near Retirement Plan for Employees of Aquarion Company
  • EIN ind #15899

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 US Pension Plan in the asset neighbourhood

Dana Combined Hourly Employees' Pension PlanDana Combined Hourly Employe…$151MSisecam US Pension Plan$151MSpx US Pension Plan$151MRetirement Plan for Employees of Aquarion CompanyRetirement Plan for Employee…$151MMagna U.S. Consolidated Pension PlanMagna U.S. Consolidated Pens…$151M
End-of-year total assets ($M) among Spx US Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$165M
Net Assets (End of Year)$151M
Net Income-$14M
Employer EIN881769617
Plan Effective Date1956-01-01
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 Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Spx US Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Spx US Pension Plan, Total assets ($B): 0.151093637 · Participants: 219Spx US Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.577892612 · Participants: 9923Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.698665729 · Participants: 38548Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.678 · Participants: 13576Duke Energy Retirement Cash Balance PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.784844379 · Participants: 22655Employees' Retirement Plan of Duke UniversityThe Hearst Corporation Retirement Plan, Total assets ($B): 2.397551709 · Participants: 1745The Hearst Corporation Retirement Plan
Spx US Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Spx US Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Aquarion Company in CT ($151M); by covered participants it is Sappi North America, Inc. Retirement Plan for Salaried Employees in MA (219 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($151M here).

Similar participant headcount

Nearest other-state filings by covered participants (219 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spx US Pension Plan assets move in 2024?
Spx US Pension Plan pulled back noticeably - down 8.3% during 2024, from $165M to $151M. Reported net income was -$14M.
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 US Pension Plan rank by assets among Form 5500 filers?
Spx US Pension Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Spx US Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Aquarion Company in CT ($151M, 126 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Spx US Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sappi North America, Inc. Retirement Plan for Salaried Employees in MA (219 participants, $85M in assets).