Plan Ledger DOL Form 5500 · updated monthly

Spx Flow, Inc.401(k)

SPX FLOW RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Spx Flow, Inc. reported $83,680 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,141 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.034% to 0.032%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 96th-largest of 2,005 plans among North Carolina employers on file, and the 926th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 1,427 to 853 since 2022.

Plan summary
Net assets, end of year$272,978,530
Participants with balances1,397
Active participants853
Employer contributions$4,385,220
Employee contributions$8,759,145
Employer contribution per active participant$5,141
Average account balance$195,403
Benefits paid to participants$37,699,663
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$273.0M · 1,397 accts · $4.4M emplr
2023$256.7M · 1,570 accts · $4.6M emplr
2022$243.6M · 1,791 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,784
Total administrative$83,680
The Spx Flow, Inc. 401(k) match · 2024
Employer contribution per active participant$5,141
Median for plans this size$4,294
2024$5,141 per active participant
2023$4,299 per active participant
2022$3,975 per active participant

Spx Flow, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,784
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$20,896

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$83,680 · 0.03%
2023$88,935 · 0.04%
2022$93,935 · 0.03%
Same employer
Similar plansManufacturing · North Carolina
Clariant Corporation NC$329.9M · 0.08%
Kontoor Brands, Inc. NC$290.7M · 0.10%
Morganite Industries Inc. NC$289.8M · 0.18%
Extreme Networks, Inc. NC$272.2M · 0.04%
Alpek Polyester USA, LLC NC$256.2M · 0.14%
Trane U.S. Inc. NC$248.4M

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Source: U.S. Department of Labor, Form 5500 series, EIN 473110748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.