SPX Corporation
74
Plan:
74
29
70
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (74) and the top rated plan (85) could equate to:
[How is this calculated?]
6 additional years of work
Up to $51,300 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.
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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 74. This plan is in the top 15% of plans for Total Plan Cost. SPX Corporation Retirement Savings and Stock Ownership Plan currently has over 13,200 active participants and over $770.4M in plan assets.
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