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Benchmarking SPX Corporation Retirement Savings and Stock Ownership Plan in Charlotte, NC against all plans

 

SPX Corporation Retirement Savings and Stock Ownership Plan in Charlotte, NC has the 7th-highest net income per active participant ($28,460) of the 100 plans that are not self-administered by the plan sponsor and have 5,000 to 24,999 total participants. That $28,460 compares to an average of $12,665 across those 100 plans.

Beating the average of $12,665 means an extra $63,401,396 in net income.

Note: net income per active participant =
net income รท active participants at the end of the plan year

SPX Corporation Retirement Savings and Stock Ownership Plan has these standings among those 100 plans:

  • net income per active participant = $28,460 (7th-highest)

  • net income = $114,237,284 (22nd-highest)

  • active participants at the end of the plan year = 4,014 (11th-fewest)

Visualize

 
 

Peers

beat out by Aerospace Corporation 401(K) Plan in El Segundo, CA ($50,245), Lockton, Inc. 401(K) Plan in Kansas City, MO ($31,866), Olympus Corporation of The Americas 401k Savings Plan in Center Valley, PA ($30,534), and Cincinnati Financial Corporation Tax-Qualified Savings Plan in Fairfield, OH ($29,159), and 2 others, ending with Excellus 401(K) Plan in Rochester, NY ($28,681).

beat Xylem Retirement Savings Plan in Rye Brook, NY ($27,170), Mutual of Omaha 401k Retirement Savings Plan in Omaha, NE ($26,812), Mitchell International, Inc. 401k Savings Plan in San Diego, CA ($25,985), and Marsh & McLennan Agency 401(K) Savings & Investment Plan in Hoboken, NJ ($25,591), and 89 others, ending with Pipeline Industry Annuity 401(K) Trust in Tulsa, OK (-$17,989).

References

  1. self-administered by the plan sponsor. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. net income per active participant. Higher values are better. Average net income per active participant equals net income, Line 2k from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.