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401(k) Retirement Plan · Active

NG FINANCIAL SECURITY AND SAVINGS PROGRAM

NORTHROP GRUMMAN CORPORATION·EIN 800640649
2980 FAIRVIEW PARK DRIVE · FALLS CHURCH, VA 220424511
Plan year
2024
Plan #
010
Industry
Filing ACK
202506161410…
Prospect flagsNo flags tripped

Summary metrics

Total assets (EOY)
$487.7M
$174,418 per participant
Active participants
2,832
32.1% participation
Participation rate
32.1%
6th percentile
Annual return
12.04%
35th percentile
Admin expense
0.22%
% of assets
Flag timeline

Issue history by plan year

Tripped years: 0Watched years: 0
Section 02

How this plan compares

Peer groupIndustry33, Assets$100M-$500M, Participants250-999, Snapshot2024
  • Participant contribution
    $00th pctile
  • Employer contribution
    $00th pctile
  • Participation rate
    32.1%6th pctile
  • Assets per participant
    $174,41837th pctile
  • Expense efficiency
    $38134th pctile
  • Annual return
    12.04%35th pctile
Overall peer rank

Averaged across 6 normalized metrics within the selected peer group.

Fee trend
Return trend
Section 03

10-year trajectory2021 - 2024

How plan year 2024 played out
Asset flow
-$1.34M
Start of year to end of year
Section 04

Asset composition

End-of-year allocation
Cash drag vs peers
Section 04

Service providers

Top 6 by compensation
ProviderService typeCompensation
DELOITTE & TOUCHE LLP
Service code 10
Accounting
$140,013
STRATEGIC ADVISORS, INC.
Service code 27
Advisory (Plan)
$30,994
FUTURE TECH ENTERPRISE INC
Service code 49
Other Services
$29,077
STATE STREET BANK AND TRUST CO
Service code 19
Securities Custodian
$26,003
FIDELITY INVESTMENTS INSTITUTIONAL
Service code 37
Loan Processing
$22,166
CHIPTON-ROSS INC
Service code 13
Contract Administrator
$5,377
Section 05

Plan features & details

Show features, contributions, expenses, fidelity bond & compliance
Pension benefit codes2E2H2I2J2K2O3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2H
    Partial participant-directed account plan
    Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2I
    Stock bonus
    Stock bonus plan.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2O
    ESOP other than a leveraged ESOP
    Employee stock ownership plan that is not leveraged.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Contributions
Employer total$0
Participant total$0
Employer / P$0
Participant / P$0
Expenses
Admin expenses$285,617
Per participant$380.82
% of assets0.06%
Fidelity bond
Coverage amount$100,000,000
% of assets20.51%
Section 06

Other plans under this sponsor

Same EIN ·800640649
Plan #011$39,473,777,135
NORTHROP GRUMMAN SAVINGS PLAN
Plan #030$18,781,759,216
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Plan #007$8,398,702,873
NG SPACE&MISSION SYSTEMS CORP SALARIED PENSION PLA
Plan #041$2,054,608,300
NORTHROP GRUMMAN RETIREMENT PLAN B
Plan #045$631,876,338
NG ES UNION REPRESENTED EMPLOYEES PENSION PLAN
Plan #040$623,170,075
NG ES - SPACE DIVISION CONSOLIDATED PENSION PLAN
Plan #029$104,111,082
NG MASTER INACTIVE QUALIFIED PLAN