SPX Technologies, Inc. 401(k) match: 5% max
SPX Retirement Savings and Stock Ownership Plan · SPXC · CIK 88205
Maximum employer match, as a share of pay
5%
SPX Technologies, Inc. matches 100% (dollar-for-dollar) of the first 4% of pay, then 50% of the next 2% of pay, for a maximum employer match of 5% of pay.
From the Form 11-K filed June 12, 2026 ↗, covering the plan year ended December 31, 2025. Why filings lag
On this page: the formula, word for word · when the money becomes yours · who can join · what else the 11-K reports · how it compares · what to do next
What SPX Technologies puts in, and what the plan costs
What SPX Technologies puts in
$2,475
a year, at a $49,500 salary.
The match paragraph, word for word
“As outlined in the Plan document, employer contributions are dependent upon the business unit or division of the Company where the participant is employed. In general, for participants other than those related to certain plans that have been previously merged into the Plan, the Company makes matching contributions equal to 100 percent of the participant’s pre-tax and Roth contributions up to the first 4 percent of compensation deferred and 50 percent of the participant’s pre-tax and Roth contributions in excess of 4 percent of compensation deferred up to a maximum of 6 percent of compensation deferred. Effective January 1, 2025, the Plan implemented automatic enrollment for all newly eligible employees, with an initial default contribution of 3 percent of eligible compensation with an automatic increase to the default contribution rate of 0.5 percent annually until reaching a maximum of 6 percent. Employees may opt-out of the enrollment and automatic annual increase at any time. Employer contributions are in the form of SPX Technologies, Inc. common stock, are immediately vested and can be transferred to other investment options at any time, subject to certain trading restrictions. Employer contributions for participants related to certain plans that have been previously merged into the Plan are determined based on the respective collective bargaining agreements.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Vesting - Participants in the Plan are at all times 100 percent vested in their contributions and earnings thereon. Vesting in employer contributions is dependent upon the business unit or division of the Company where the participant is employed. In general, participants are 100 percent vested in employer contributions; however, there are certain employer contributions that vest over a three to six years period.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
Not reported
No Form 5500 record is joined to this employer, so there is no plan-paid cost to show.
What is SPX Technologies' 401(k) match formula?
SPX Technologies' 401(k) employer match tops out at 5% of pay. A tiered formula pays its best rate on the first slice of pay and less on the next, which is how the rate steps down.
| Match formula | 100% (dollar-for-dollar) of the first 4% of pay |
|---|---|
| then | 50% of the next 2% of pay |
| Maximum employer match | 5% of compensation |
| Paid in company stock | Yes |
| Conditions | As outlined in the Plan document, employer contributions are dependent upon the business unit or division of the Company where the participant is employed. |
At a $60,000 salary, contributing 6% ($3,600) earns the full employer match of $3,000 for the year.
What the filing says, word for word
“As outlined in the Plan document, employer contributions are dependent upon the business unit or division of the Company where the participant is employed. In general, for participants other than those related to certain plans that have been previously merged into the Plan, the Company makes matching contributions equal to 100 percent of the participant’s pre-tax and Roth contributions up to the first 4 percent of compensation deferred and 50 percent of the participant’s pre-tax and Roth contributions in excess of 4 percent of compensation deferred up to a maximum of 6 percent of compensation deferred. Effective January 1, 2025, the Plan implemented automatic enrollment for all newly eligible employees, with an initial default contribution of 3 percent of eligible compensation with an automatic increase to the default contribution rate of 0.5 percent annually until reaching a maximum of 6 percent. Employees may opt-out of the enrollment and automatic annual increase at any time. Employer contributions are in the form of SPX Technologies, Inc. common stock, are immediately vested and can be transferred to other investment options at any time, subject to certain trading restrictions. Employer contributions for participants related to certain plans that have been previously merged into the Plan are determined based on the respective collective bargaining agreements.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is SPX Technologies' 401(k) vesting schedule?
SPX Technologies vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | Upon termination of the Plan, participants become fully vested in their account balances. |
| Other employer contributions | Vesting in employer contributions is dependent upon the business unit or division of the Company where the participant is employed. In general, participants are 100 percent vested in employer contributions; however, there are certain employer contributions that vest over a three to six years period. |
Vesting, word for word
“Vesting - Participants in the Plan are at all times 100 percent vested in their contributions and earnings thereon. Vesting in employer contributions is dependent upon the business unit or division of the Company where the participant is employed. In general, participants are 100 percent vested in employer contributions; however, there are certain employer contributions that vest over a three to six years period.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR · SEC ↗
Who can join SPX Technologies' 401(k), and is enrollment automatic?
SPX Technologies enrolls new hires automatically at 3% of pay, rising 0.5% a year to 6% of pay.
| Automatic enrollment | Yes: default deferral 3% of pay; auto-escalation +0.5%/yr to 6% |
|---|
Automatic enrollment, word for word
“Effective January 1, 2025, the Plan implemented automatic enrollment for all newly eligible employees, with an initial default contribution of 3 percent of eligible compensation with an automatic increase to the default contribution rate of 0.5 percent annually until reaching a maximum of 6 percent. Employees may opt-out of the enrollment and automatic annual increase at any time.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR · SEC ↗
What else does SPX Technologies' 11-K report?
The SPX Technologies plan held $1.1B in net assets at the end of the plan year ended December 31, 2025.
| Net plan assets (end of plan year) | $1,104,945,698 |
|---|---|
| Trustee / recordkeeper | All withdrawal payments are made by Fidelity Management Trust Company (the “Trustee” or “Fidelity”). |
| Plan auditor | /s/ BDO USA, P.C. |
Source: Form 11-K filed June 12, 2026, SEC EDGAR · SEC ↗
How does SPX Technologies' 401(k) match compare?
SPX Technologies, Inc.'s maximum 401(k) match of 5% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, five land near SPX Technologies' maximum match and one vests on the same schedule.
Maximum match 5% of pay, level with SPX Technologies.
Maximum match 5% of pay, level with SPX Technologies.
Maximum match 5% of pay, level with SPX Technologies.
Maximum match 5% of pay, level with SPX Technologies.
Maximum match 5% of pay, level with SPX Technologies.
Maximum match 5.1% of pay. Vests immediately too, like SPX Technologies.
Compare SPX Technologies, Inc. with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 12, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is SPX Technologies, Inc.'s 401(k) match?
SPX Technologies, Inc. matches 100% (dollar-for-dollar) of the first 4% of pay, then 50% of the next 2% of pay, for a maximum employer match of 5% of compensation (plan year ended December 31, 2025).
When does the SPX Technologies, Inc. 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does SPX Technologies, Inc.'s 401(k) plan have automatic enrollment?
Yes: default deferral 3% of pay; auto-escalation +0.5%/yr to 6%.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that SPX Technologies, Inc. filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | SPX Technologies, Inc. |
| SEC CIK | 88205 |
| Accession number | 0000088205-26-000041 |
| Plan | SPX Retirement Savings and Stock Ownership Plan |
| Period of report | December 31, 2025 |
| Filed | June 12, 2026 |
401(k) Monitor is not affiliated with SPX Technologies, Inc., with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “SPX Technologies, Inc. 401(k) plan facts”, from SEC Form 11-K accession 0000088205-26-000041, plan year ended December 31, 2025.
