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Company:
Spx Corporation
Plan:
SPX Corporation Retirement Savings and Stock Ownership Plan
 

Spx Corporation

77 Plan:

 
 
77
32
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (77) and the top rated plan (86) could equate to:
[How is this calculated?]
5 additional years of work
Up to $50,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

SPX Corporation Retirement Savings and Stock Ownership Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Salary Deferral and Total Plan Cost. SPX Corporation Retirement Savings and Stock Ownership Plan currently has over 12,500 active participants and over $853.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. SPX Corporation Common Stock 20%
2. Fidelity Managed Income Portfolio 17%
3. Fidelity Puritan 6%

 Retirement Plan Details

Address 13320 Ballantyne Corporate Place
Charlotte, NC 28277 
Industry Manufacturing
Administrator Susan Dupuis
Net Plan Assets $853,000,000
Total Participants 13,000
Avg Account Balance $79,000

 Compare Other Companies in Peer Group

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Alticor 78.8
Invensys 78.5
Newell Operating Company 72.1

  Plan Service Providers

Recordkeeper Fidelity
Legal Counsel Jenner & Block LLP
Consultant Towers Watson
Auditor Plante & Moran, PLLC