Retirement plan

SPX FLOW RETIREMENT SAVINGS PLAN

Name: SPX FLOW, INC. - SPX FLOW RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: SPX FLOW, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPX FLOW RETIREMENT SAVINGS PLAN, SPX FLOW, INC.

SPX FLOW, INC.EIN 47-3110748Plan #001PY 2024

13320 BALLANTYNE CORPORATE PLACE - CHARLOTTE, NC 28277704-752-4400spxflow.comLinkedIn1001-5000 employeesmechanical or industrial engineering

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed February 28, 2022 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

13320 Ballantyne Corporate Place

Charlotte, NC 28277

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

SPX FLOW Change in Control Severance Plan for Key Employees14 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$273M

-8.6% from 2016

Total participants

1,559

+2.8% from 2016

Average account balance

$195,403

-9.7% from 2016

Annual return

15.89%

-11.33 pp from 2016

Benchmarks

See 2,379 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,379 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$272.98M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$195K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,397

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

81.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.89%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$60

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$62,784
CAPFINANCIAL PARTNERS LLC8 years Filed as: CAPFINANCIAL PARTNERS, LLC. Service code 27 · EIN 26-0058143	Advisory (Plan)	$20,896

Plan features & details

Pension benefit codes2F2G2J2K2T

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$84K

$98 / participant

Recordkeeping$62K74.0%
Contract admin$9001.1%
Other / not subdivided$21K25.0%

% of EOY assets

0.031%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN
Auditor EIN: 331498605
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,403

$89,123+119.3%

$102,460+90.7%

$77,762+151.3%

Participation rate

81.0%

80.9%+0.1pp

76.5%+4.5pp

70.6%+10.4pp

Annual return

15.89%

25.05%-9.2pp

29.47%-13.6pp

31.27%-15.4pp

Employer contribution / active EE

$5,141

$2,700+90.4%

$3,025+69.9%

$2,728+88.4%

Participant deferral / active EE

$10,269

$5,148+99.5%

$5,056+103.1%

$4,651+120.8%

Admin fee / account holder

$60

$236-74.6%

$9,460-99.4%

$433-86.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$62,784

CAPFINANCIAL PARTNERS LLC8 years

Filed as: CAPFINANCIAL PARTNERS, LLC.

Service code 27 · EIN 26-0058143

Advisory (Plan)

$20,896

SPX FLOW RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPX FLOW RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion