401k Plan data: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION plan

PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 401k Plan overview

Plan Name	PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION
Plan identification number	034

PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Benefits are primarily flat dollar (includes dollars per year of service)
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SPX CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: SPX CORPORATION

Employer identification number (EIN): 381016240

NAIC Classification: 339900

Additional information about SPX CORPORATION

Jurisdiction of Incorporation: Michigan Department of Licensing & Regulatory Affairs

Incorporation Date:

Company Identification Number: 629202

More information about SPX CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
034 2012-01-01 SUSAN DUPUIS
034 2011-01-01 SUSAN DUPUIS
034 2010-01-01 SUSAN DUPUIS
034 2009-01-01 SUSAN DUPUIS
034 2009-01-01 SUSAN DUPUIS

Plan id#	Filing Submission Date	Name of Administrator
034	2012-01-01	SUSAN DUPUIS
034	2011-01-01	SUSAN DUPUIS
034	2010-01-01	SUSAN DUPUIS
034	2009-01-01	SUSAN DUPUIS
034	2009-01-01	SUSAN DUPUIS

Plan Statistics for PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION

401k plan membership statisitcs for PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION

Measure Date Value
2012: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2012 401k membership
Total participants, beginning-of-year 2012-01-01 7,684
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 3
2011: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2011 401k membership
Total participants, beginning-of-year 2011-01-01 8,138
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 571
Number of retired or separated participants receiving benefits 2011-01-01 3,696
Number of other retired or separated participants entitled to future benefits 2011-01-01 2,365
Total of all active and inactive participants 2011-01-01 6,632
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1,052
Total participants 2011-01-01 7,684
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 41
2010: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2010 401k membership
Total participants, beginning-of-year 2010-01-01 8,651
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 683
Number of retired or separated participants receiving benefits 2010-01-01 3,687
Number of other retired or separated participants entitled to future benefits 2010-01-01 2,705
Total of all active and inactive participants 2010-01-01 7,075
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 1,063
Total participants 2010-01-01 8,138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 6
2009: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2009 401k membership
Total participants, beginning-of-year 2009-01-01 8,768
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 708
Number of retired or separated participants receiving benefits 2009-01-01 3,648
Number of other retired or separated participants entitled to future benefits 2009-01-01 3,233
Total of all active and inactive participants 2009-01-01 7,589
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1,062
Total participants 2009-01-01 8,651
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2012: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2012 401k membership
Total participants, beginning-of-year	2012-01-01	7,684
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	3
2011: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2011 401k membership
Total participants, beginning-of-year	2011-01-01	8,138
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	571
Number of retired or separated participants receiving benefits	2011-01-01	3,696
Number of other retired or separated participants entitled to future benefits	2011-01-01	2,365
Total of all active and inactive participants	2011-01-01	6,632
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1,052
Total participants	2011-01-01	7,684
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	41
2010: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2010 401k membership
Total participants, beginning-of-year	2010-01-01	8,651
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	683
Number of retired or separated participants receiving benefits	2010-01-01	3,687
Number of other retired or separated participants entitled to future benefits	2010-01-01	2,705
Total of all active and inactive participants	2010-01-01	7,075
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	1,063
Total participants	2010-01-01	8,138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	6
2009: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2009 401k membership
Total participants, beginning-of-year	2009-01-01	8,768
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	708
Number of retired or separated participants receiving benefits	2009-01-01	3,648
Number of other retired or separated participants entitled to future benefits	2009-01-01	3,233
Total of all active and inactive participants	2009-01-01	7,589
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1,062
Total participants	2009-01-01	8,651
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION

Measure	Date	Value
2012 : PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total transfer of assets from this plan	2012-12-31	$197,854,677
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$29,192,217
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$15,485,769
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$14,917,255
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$6,403,525
Value of total assets at end of year	2012-12-31	$0
Value of total assets at beginning of year	2012-12-31	$184,148,229
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$568,514
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$25,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Administrative expenses (other) incurred	2012-12-31	$568,514
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$13,706,448
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$184,148,229
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in master investment trust accounts at end of year	2012-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2012-12-31	$182,463,123
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$6,403,525
Employer contributions (assets) at end of year	2012-12-31	$0
Employer contributions (assets) at beginning of year	2012-12-31	$1,685,106
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$14,917,255
Did the plan have assets held for investment	2012-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	PLANTE & MORAN PLLC
Accountancy firm EIN	2012-12-31	381357951
2011 : PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total transfer of assets from this plan	2011-12-31	$1,000,194
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$16,973,242
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$15,676,468
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$15,223,446
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,685,106
Value of total assets at end of year	2011-12-31	$184,148,229
Value of total assets at beginning of year	2011-12-31	$183,851,649
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$453,022
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$25,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Administrative expenses (other) incurred	2011-12-31	$453,022
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$1,296,774
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$184,148,229
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$183,851,649
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in master investment trust accounts at end of year	2011-12-31	$182,463,123
Value of interest in master investment trust accounts at beginning of year	2011-12-31	$183,851,649
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$1,685,106
Employer contributions (assets) at end of year	2011-12-31	$1,685,106
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$15,223,446
Did the plan have assets held for investment	2011-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	PLANTE & MORAN PLLC
Accountancy firm EIN	2011-12-31	381357951
2010 : PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total transfer of assets from this plan	2010-12-31	$4,024,215
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$50,068,670
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$14,807,293
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$14,807,293
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$27,774,991
Value of total assets at end of year	2010-12-31	$183,851,649
Value of total assets at beginning of year	2010-12-31	$152,614,487
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$0
Total interest from all sources	2010-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$25,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$35,261,377
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$183,851,649
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$152,614,487
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in master investment trust accounts at end of year	2010-12-31	$183,851,649
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$143,315,087
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$27,774,991
Employer contributions (assets) at beginning of year	2010-12-31	$9,299,400
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$14,807,293
Did the plan have assets held for investment	2010-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	PLANTE & MORAN PLLC
Accountancy firm EIN	2010-12-31	381357951
2009 : PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION

2012: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: PENSION PLAN FOR BARGAINING UNIT EMPLOYEES OF SPX CORPORATION 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SPX CORPORATION
Employer identification number (EIN):	381016240
NAIC Classification:	339900

Jurisdiction of Incorporation:	Michigan Department of Licensing & Regulatory Affairs
Incorporation Date:
Company Identification Number:	629202