UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                                                 Commission File Number: 1-4987

                           NOTIFICATION OF LATE FILING


(Check One):   [ ] Form 10-K    [X] Form 11-K    [ ] Form 20-F
               [ ] Form 10-Q   [ ] Form N-SAR

                       FOR PERIOD ENDED DECEMBER 31, 2001

[ ] Transition Report on Form 10-K          [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F          [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K

For the Transition Period Ended:

         Read attached instructions sheet before preparing form. Please print or
type.

         Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.

         If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:




                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant:   SL INDUSTRIES SAVINGS AND PENSION PLAN
                           --------------------------------------

Former name if applicable

Address of principal executive office (Street and number)
520 FELLOWSHIP ROAD, SUITE A114
-------------------------------

City, state and zip code MT. LAUREL, NJ 08054
                         --------------------








                                     PART II
                            RULES 12b-25 (b) AND (c)

         If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)

[X]      (a) The reasons described in reasonable detail in Part III of this
         form could not be eliminated without unreasonable effort or expense;

[X]      (b) The subject annual report, semi-annual report, transition report on
         Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed
         on or before the 15th calendar day following the prescribed due date;
         or the subject quarterly report or transition report on Form 10-Q, or
         portion thereof will be filed on or before the fifth calendar day
         following the prescribed due date; and

[ ]      (c) The accountant's statement or other exhibit required by Rule
         12b-25(c) has been attached if applicable.



                                    PART III
                                    NARRATIVE

         State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report or portion thereof could not be filed
within the prescribed time period.

         THE REGISTRANT WAS UNABLE TO FILE THE FORM 11-K FOR THE FISCAL YEAR
ENDED DECEMBER 31, 2001 (THE "REPORT") DUE TO THE RECENT INDICTMENT AND COLLAPSE
OF ITS INDEPENDENT AUDITOR, ARTHUR ANDERSEN LLP, WHICH REQUIRED THAT A NEW
AUDITING FIRM BE IDENTIFIED AND RETAINED. THIS DISRUPTION CAUSED UNAVOIDABLE
DELAYS IN AUDITING THE FINANCIAL INFORMATION OF THE REGISTRANT TO BE INCLUDED IN
THE REPORT.



                                     PART IV
                                OTHER INFORMATION

         (1) Name and telephone number of person to contact in regard to this
             notification

        DAVID NUZZO                      (856)                    727-1500
-------------------------------------------------------------------------------
          (Name)                      (Area Code)            (Telephone Number)


         (2) Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
                                                              |X| Yes   |_| No



                                       2


         (3) Is it anticipated that any significant change in results of
operations for the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or
portion thereof?
                                                              |_| Yes   |X| No





                               SL INDUSTRIES, INC.
-------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)


         Has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.


Date: July 1, 2002                          By:  /s/ David Nuzzo
      ---------------------                      ------------------------
                                                  David Nuzzo
                                                  Chief Financial Officer



INSTRUCTION. The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.



                                    ATTENTION

Intentional misstatements or omissions of fact constitute Federal criminal
violations. (See 18 U.S.C. 1001)




                                       3