Retirement plan

RTX CONSOLIDATED PENSION PLAN

RTX CORPORATIONEIN 06-0570975Plan #041PY 2024
4 FARM SPRINGS ROAD - FARMINGTON, CT 06032781-522-3000
Prospect flagsHigh retiree %Low employer contributionLow participant contributionFailed to transmit contributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(781) 522-3000
Plan administrator signer
KELLY B. LAPPIN
Signed 09/25/2025

Summary metrics

Total assets (EOY)
$41643.6M
+5.1% from 2024
Total participants
281,638
+2.4% from 2024
Average account balance
$0
No prior year
Annual return
2.48%
+65.88 pp from 2024

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort185 peers
Snapshot2024
Participant deferral / active EE
$451
median $11
Employer contribution / active EE
$161
median $6,224
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
2.48%
median 6.42%
Overall peer rank
11th percentileavg across 6 metrics

Analytics

Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.

Service providers

Top 10 of 20 by compensation
ProviderService typeCompensation
Service code 16 · EIN 13-3954297
Consulting
$12,651,865
Service code 21 · EIN 13-5160382
Bank Trustee
$4,848,536
Service code 11 · EIN 98-1261616
Actuarial
$3,000,611
Service code 16 · EIN 82-1061233
Consulting
$1,277,010
DELOITTE2+ years
Service code 10 · EIN 13-6044173
Accounting
$564,795
Service code 10 · EIN 13-4008324
Accounting
$391,793
Service code 36 · EIN 04-3059252
Direct payment from the plan; Copying...
$278,173
Service code 10 · EIN 36-6055558
Accounting
$75,233
Service code 36 · EIN 93-0835177
Copying and duplicating; Direct payme...
$58,110
Service code 13 · EIN 23-3080019
Contract Administrator
$41,679

Enrolled actuary

1 attachment
SB

CURTIS JONES, F.S.A., E.A.

WILLIS TOWERS WATSON US LLC
Enrollment #2308188
200 LIBERTY STREET
NEW YORK, NY 10281
(212) 309-3629
Signed 2025-09-15

Top hat statement on fileNQDC

Filed November 2, 2022 (most recent of 2 filings on file)

Plans declared (2)

  • Raytheon Technologies Corporation Executive Severance Plan1,161 emp
  • Raytheon Technologies Corporation Compensation Deferral Plan3,340 emp

Total covered: 4,501 employees

Plan features & details

Pension benefit codes1A1C1E3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped
  • OpportunityLow participant contribution

    Participant contribution per participant is in the bottom quintile of the peer cohort.

  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • ComplianceFailed to transmit contributions

    Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$50.3M
$1500 / participant
  • Trustee / custodial$5M9.6%
  • Investment mgmt$36K0.1%
  • Actuarial$3M6.0%
  • Contract admin$14M28.0%
  • Other / not subdivided$28M56.3%
% of EOY assets
0.121%
all-in expense ratio
Categories reported
4 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
PRICEWATERHOUSECOOPERS
Auditor EIN
134008324
Audit fees
$1,031,821
Opinion code
Unqualified