Defined Benefit (Pension) · DOL Form 5500 · 2024

Spx Enterprises, LLC Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
18
Participants Small participant base
46th
Percentile by assets National rank
$338,392
Avg per participant High balance/head
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Official DOL plan name: Patterson-Kelley Hourly Employees Pension Plan · Sponsored by Spx Enterprises, LLC · North Carolina · Manufacturing

$6M in assets, 18 participants

Spx Enterprises, LLC's Patterson-Kelley Hourly Employees Pension Plan reported $6M in total assets and 18 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #5,166 in Manufacturing (17,777 peers)

Spx Enterprises, LLC multi-year trail

Spx Enterprises, LLC's plans moved +30.4% in assets from 2022 to 2024; this filing shows Patterson-Kelley Hourly Employees Pension Plan at $6M / 18 participants.

#5,166
in Manufacturing (17,777 peers)
-7.7%
assets change YoY

The plan reported a net loss of $508K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Patterson-Kelley Hourly Employees Pension Plan's mid-pack asset rank among Manufacturing and all filers

Patterson-Kelley Hourly Employees Pension Plan vs every filed plan by assets

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

$6,091,051 46th percentile higher than 46% 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

Patterson-Kelley Hourly Employees Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Patterson-Kelley Hourly Employees Pension Plan is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Patterson-Kelley Hourly Employees Pension Plan reported net income fell from -$29K in the plan year 2023 filing to -$508K in the plan year 2024 filing.
  • Patterson-Kelley Hourly Employees Pension Plan end-of-year assets fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

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

Patterson-Kelley Hourly Employees Pension Plan · $6M · 18 · 46th

  • TYPE $6M
  • TYPE 18
  • TYPE 46th
  • TYPE Defined Benefit (Pension)
  • TYPE near Sbera Pension Plan as Adopted by Clinton Savings Bank
  • TYPE ind #5166

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 →

Patterson-Kelley Hourly Employees Pension Plan in the asset neighbourhood

Zhijun Wang, M.D., Inc. Defined Benefit Pension PlanZhijun Wang, M.D., Inc. Defi…$6MPatterson-Kelley Hourly Employees Pension PlanPatterson-Kelley Hourly Empl…$6MSbera Pension Plan as Adopted by Clinton Savings BankSbera Pension Plan as Adopte…$6MPamrapo Savings Bank, Sla Pension PlanPamrapo Savings Bank, Sla Pe…$6MLori Napoli, LLC Defined Benefit Pension PlanLori Napoli, LLC Defined Ben…$6M
End-of-year total assets ($M) among Patterson-Kelley Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Spx Enterprises, LLC multi-year asset trail

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

Spx Enterprises, LLC filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$508K
Employer EIN881769617
Plan Effective Date1957-04-29
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Patterson-Kelley Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Patterson-Kelley Hourly Employees Pension Plan, Total assets ($B): 0.006091051 · Participants: 18Patterson-Kelley Hourly Employees 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
Patterson-Kelley Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Patterson-Kelley Hourly Employees Pension Plan side-by-side with 3 peers →

Patterson-Kelley Hourly Employees 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 Sbera Pension Plan as Adopted by Clinton Savings Bank in MA ($6M); by covered participants it is Palco Retirement Plan in CA (18 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (18 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 Patterson-Kelley Hourly Employees Pension Plan assets move in 2024? ▼
Patterson-Kelley Hourly Employees Pension Plan pulled back noticeably - down 7.7% during 2024, from $7M to $6M. Reported net income was -$508K.
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.
Which Defined Benefit (Pension) plans are similar in size to Patterson-Kelley Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sbera Pension Plan as Adopted by Clinton Savings Bank in MA ($6M, 16 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Patterson-Kelley Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Palco Retirement Plan in CA (18 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.