SPX Flow, Inc. 401(k) Review & Grade
SPX Flow Retirement Savings Plan
Charlotte, NCManufacturing965 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,544Employer $ per active participant
$9,077Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$273.0MNet plan assets, end of year
$195,403Average balance per account
Score breakdown
- Employer generosity39.8 / 5080th percentile for employer $ per participant
- Low cost23.1 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving12.9 / 1586th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 92th |
| Employee saving | 86th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- SPX Flow put in about $4,544 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,385,220 |
| Participant (employee) contributions | $8,759,145 |
| Other contributions (incl. rollovers in) | $1,471,721 |
| Administrative expenses paid from the plan | $83,680 |
| Contract administrator fees | $900 |
| Other admin expenses | $20,896 |
| Benefits paid out | $37,699,663 |
| Net assets, start / end of year | $256.7M / $273.0M |
| Active participants, start / end of year | 1,077 / 853 |
| Participants with account balances | 1,397 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $62,784 reported compensation |
| Capfinancial Partners, LLC. | $20,896 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002093504NAL0000191635001, received 2025-10-02, EIN 47-3110748, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.