Plan Snapshot
- Plan Sponsor: Spx Enterprises, LLC
- Sponsor EIN: 881769617
- Sponsor Address: 6325 ARDREY KELL ROAD, CHARLOTTE, NC, 28277
- Plan Type: DB
- Total Participants: 198
- Total Assets: $151.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 198 | $151.1M | $4.7M | $0 |
| 2023 | 219 | $164.8M | $0 | $0 |
| 2022 | 243 | $170.2M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PLANTE & MORAN PLLC | Auditor | $38,000 | — | $38,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,000
- Estimated Expense Ratio: 0.025% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,451,828 | — | — | $38,000 | — |
| 2023 | $3,846,516 | — | — | $36,375 | — |
| 2022 | $3,153,215 | — | $1,237,817 | — | $606,366 |