401(k) Retirement Plan · Active
RTX CONSOLIDATED PENSION PLAN
RTX CORPORATION·EIN 060570975
4 FARM SPRINGS ROAD · FARMINGTON, CT 06032
Plan year
2024
Plan #
041
Industry
Filing ACK
202509251634…
Prospect flagsFailed to transmit contributions
Summary metrics
Total assets (EOY)
$41643.6M
$0 per participant
Active participants
281,638
33.2% participation
Participation rate
33.2%
1st percentile
Annual return
2.48%
9th percentile
Admin expense
1.01%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 2Watched years: 0
2023
1 tripped
2024
1 tripped
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry33, Assets>$1B, Participants>=10,000, Snapshot2024
- Participant contribution$4511st pctile
- Employer contribution$1611st pctile
- Participation rate33.2%1st pctile
- Assets per participant$00th pctile
- Expense efficiency$1,5007th pctile
- Annual return2.48%9th pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
Averaged across 6 normalized metrics within the selected peer group.
Fee trend
Fee trend vs peer
Less than 3 years of fee history available (2 on file)
Return trend
Return trend vs peer
Less than 3 years of return history available (2 on file)
Section 03
10-year trajectory
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.
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.0%
Peer average
0.6%
In line with peersPeer marker at 0.6%
Section 04
Service providers
Top 10 of 20 by compensation
| Provider | Service type | Compensation |
|---|---|---|
CONDUENT HR CONSULTING, LLC Service code 16 | Consulting | $12,651,865 |
THE BANK OF NEW YORK MELLON Service code 21 | Bank Trustee | $4,848,536 |
WILLIS TOWERS WATSON Service code 11 | Actuarial | $3,000,611 |
ALIGHT SOLUTIONS LLC Service code 16 | Consulting | $1,277,010 |
DELOITTE Service code 10 | Accounting | $564,795 |
PRICEWATERHOUSECOOPERS LLP Service code 10 | Accounting | $391,793 |
TIGERPRESS Service code 36 | Copying and duplicating; Direct payme... | $278,173 |
GRANT THORNTON Service code 10 | Accounting | $75,233 |
LAND GRAPHICS Service code 36 | Direct payment from the plan; Copying... | $58,110 |
HEALTH ADVOCATE Service code 13 | Contract Administrator | $41,679 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes1A1C1E3H
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1A1C1E3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA 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).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Contributions
Employer total$5,400,000
Participant total$15,129,422
Employer / P$161
Participant / P$451
Expenses
Admin expenses$50,308,808
Per participant$1,500.23
% of assets0.12%
Fidelity bond
Coverage amount$90,000,000
% of assets0.22%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·060570975