Sp Industries, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $45.6 million was transferred out of the plan. Assets moved to the ATS CORPORATION 401K RETIREMENT (sponsored by ATS CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the ATS CORPORATION 401K RETIREMENT →

Sp Industries, Inc. 401(k) Plan Facts (plan year 2022)

Plan name
SP INDUSTRIES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SP INDUSTRIES, INC.
Participants
880
Former employees with a balance
0
Employer contributions
$1,319,020 in plan year 2022 (29% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Nov 16, 1982
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 16, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $4.58 million went into the plan in contributions, $1.32 million of it from the employer (29%).
  • $5.45 million was paid out to participants.

How the Sp Industries, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017892$41.5 million$946,769$5.29 million
2018893$36.7 million$954,159$5.69 million
2019939$42.8 million$1.07 million$3.74 million
2020862$49.5 million$1.07 million$3.47 million
2021856$55.2 million$1.26 million$4.01 million
2022 (final)880$0$1.32 million$5.45 million

Sp Industries, Inc. 401(k) Contact Information

Phone
215-672-7800
Mailing address
935 MEARNS ROAD, WARMINSTER PA 18974
Plan sponsor
SP INDUSTRIES, INC.
Plan administrator
MERCER INVESTMENTS, LLC
Employer identification number (EIN)
22-3479662
Plan number
001

Questions about the Sp Industries, Inc. 401(k)

Is the Sp Industries, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the ATS CORPORATION 401K RETIREMENT.

Does Sp Industries, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $1.32 million, 29% of all contributions.

Does the Sp Industries, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Sp Industries, Inc 401(k) plan?

880 participants at the start of plan year 2022.

Who manages the Sp Industries, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

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