401(k) Retirement Plan · Active
NORTHROP GRUMMAN RETIREMENT PLAN B
NORTHROP GRUMMAN CORPORATION·EIN 800640649
2980 FAIRVIEW PARK DRIVE · FALLS CHURCH, VA 220424511
Plan year
2024
Plan #
041
Industry
Filing ACK
202510071538…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$2054.6M
$0 per participant
Active participants
20,435
27.6% participation
Participation rate
27.6%
14th percentile
Annual return
3.56%
15th percentile
Admin expense
2.58%
% 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, Participants1,000-4,999, Snapshot2024
- Participant contribution$00th pctile
- Employer contribution$00th pctile
- Participation rate27.6%14th pctile
- Assets per participant$00th pctile
- Expense efficiency$2,59215th pctile
- Annual return3.56%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
-$59.62M
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
0.7%
In line with peersPeer marker at 0.7%
Section 04
Service providers
Top 10 of 12 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL Service code 15 | Recordkeeping | $735,449 |
WILLIS TOWERS WATSON DELAWARE INC. Service code 11 | Actuarial | $140,065 |
DELOITTE & TOUCHE LLP Service code 10 | Accounting | $114,111 |
STATE STREET BANK AND TRUST COMPANY Service code 25 | Directed Trustee | $80,654 |
PKF O'CONNOR DAVIES LLP Service code 10 | Accounting | $65,363 |
ROPES & GRAY LLP Service code 29 | Legal | $41,133 |
CALLAN ASSOCIATES Service code 34 | Direct payment from the plan; Valuati... | $23,452 |
FUTURE TECH ENTERPRISE INC Service code 49 | Other Services | $21,706 |
STEPSTONE GROUP LP Service code 16 | Consulting | $16,381 |
CHIPTON-ROSS INC. Service code 13 | Contract Administrator | $12,585 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes1A1C1D3H
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1A1C1D3H
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).
- 1DFloor-offset planDefined benefit plan whose benefits are offset by retirement benefits provided under an employer-sponsored defined contribution plan.
- 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$3,760,858
Per participant$2,591.91
% of assets0.18%
Fidelity bond
Coverage amount$100,000,000
% of assets4.87%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·800640649
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NG MASTER INACTIVE QUALIFIED PLAN