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

SPX Corporation

76 Plan: SPX Corporation Retirement Savings and Stock Ownership Plan

 
 
76
9
71
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (76) and the top rated plan (88) could equate to:
[How is this calculated?]
8 additional years of work
Up to $10,900 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 76. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. SPX Corporation Retirement Savings and Stock Ownership Plan currently has over 11,100 active participants and over $907.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
40
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. SPX Corporation Common Stock 18%
2. Fidelity Managed Income Portfolio 13%
3. Fidelity Freedom Funds 10%

 Retirement Plan Details

Address 13320 Ballantyne Corporate Place
Charlotte, NC 28277 
Industry Manufacturing
Administrator Elaine Krom
Net Plan Assets $908,000,000
Total Participants 11,000
Avg Account Balance $95,000

 Compare Other Companies in Peer Group

FMC Technologies 81.8
Brunswick 81.1
Woodward 81.0
Lockheed Martin 77.2
Ametek 74.9
Newell Operating Company 74.1

 
Plan Service Providers

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