401(k) Retirement Plan · Active
NG SPACE&MISSION SYSTEMS CORP SALARIED PENSION PLA
NORTHROP GRUMMAN CORPORATION·EIN 800640649
2980 FAIRVIEW PARK DRIVE · FALLS CHURCH, VA 220424511
Plan year
2024
Plan #
007
Industry
Filing ACK
202510071538…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$8398.7M
$0 per participant
Active participants
60,528
25.8% participation
Participation rate
25.8%
2nd percentile
Annual return
5.18%
15th percentile
Admin expense
1.39%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 0Watched years: 0
2021
Clean
2022
Clean
2023
Clean
2024
Clean
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry33, Assets>$1B, Participants5,000-9,999, Snapshot2024
- Participant contribution$00th pctile
- Employer contribution$00th pctile
- Participation rate25.8%2nd pctile
- Assets per participant$00th pctile
- Expense efficiency$1,92613th pctile
- Annual return5.18%15th pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
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
-$51.32M
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Asset allocation
No Schedule H allocation amounts on this filing
Cash drag vs peers
Plan cash
0.0%
Peer average
0.5%
In line with peersPeer marker at 0.5%
Section 04
Service providers
Top 10 of 21 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL Service code 15 | Recordkeeping | $2,844,369 |
ANTHEM BLUE CROSS LIFE AND HEALTH Service code 12 | Contract Administrator; Other service... | $323,273 |
STATE STREET BANK AND TRUST COMPANY Service code 25 | Directed Trustee | $322,797 |
WILLIS TOWERS WATSON DELAWARE INC. Service code 11 | Actuarial | $250,650 |
DELOITTE & TOUCHE LLP Service code 10 | Accounting | $165,388 |
ROPES & GRAY LLP Service code 29 | Legal | $160,398 |
FUTURE TECH ENTERPRISE INC Service code 49 | Other Services | $95,044 |
CALLAN ASSOCIATES Service code 34 | Direct payment from the plan; Valuati... | $94,020 |
STEPSTONE GROUP LP Service code 16 | Consulting | $64,080 |
PKF O'CONNOR DAVIES LLP Service code 10 | Accounting | $63,135 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes1A1E3H
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1A1E3H
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).
- 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$0
Participant total$0
Employer / P$0
Participant / P$0
Expenses
Admin expenses$11,614,003
Per participant$1,926.04
% of assets0.14%
Fidelity bond
Coverage amount$100,000,000
% of assets1.19%Below ERISA §412 10% minimum
Section 06
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