Spc Mechanical Corporation 401(k) Plan: Login, Facts & Contact Information

Spc Mechanical Corporation 401(k) Plan Facts

Plan name
SPC MECHANICAL CORPORATION RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SPC MECHANICAL CORPORATION
Participants
509 (313 active employees)
Former employees with a balance
85
Plan assets
$13,676,937 at Dec 31, 2024
Average account balance
$54,490 across 251 accounts
Employer contributions
$667,355 in plan year 2024 (39% of all contributions)
Recordkeeper
Axa Equitable Life Insurance Co.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.70 million went into the plan in contributions, $667,355 of it from the employer (39%).
  • $2.05 million was paid out to participants.
  • Investment and other income added $1.54 million.
  • Administrative expenses were $74,120, about $295 per account.

How the Spc Mechanical Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019488$10.6 million$442,441$3.00 million
2020481$12.3 million$476,710$1.02 million
2021487$12.3 million$486,111$2.81 million
2022421$10.4 million$510,365$1.50 million
2023442$12.6 million$592,555$1.12 million
2024509$13.7 million$667,355$2.05 million

Spc Mechanical Corporation 401(k) Contact Information

Phone
252-291-1561
Mailing address
1500 WENDELL BLVD,, WENDELL NC 27591
Plan sponsor
SPC MECHANICAL CORPORATION
Employer identification number (EIN)
56-0999897
Plan number
001

Questions about the Spc Mechanical Corporation 401(k)

Does Spc Mechanical Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $667,355, 39% of all contributions.

Does the Spc Mechanical Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Spc Mechanical Corporation 401(k) plan?

509 participants at the start of plan year 2024, 313 of them active employees, and 85 former employees who still had money in the plan.

What is the average 401(k) balance at Spc Mechanical Corporation?

About $54,490 per account: $13.7 million in plan assets across 251 accounts with a balance at the end of plan year 2024.

Who manages the Spc Mechanical Corporation 401(k) accounts?

AXA EQUITABLE LIFE INSURANCE CO. is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Spc Mechanical Corporation. How do I access my 401(k)?

Your account stays with AXA EQUITABLE LIFE INSURANCE CO. after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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