401(k) Retirement Plan · Active
NORTHROP GRUMMAN PENSION PLAN
NORTHROP GRUMMAN CORPORATION·EIN 800640649
2980 FAIRVIEW PARK DRIVE · FALLS CHURCH, VA 220424511
Plan year
2024
Plan #
030
Industry
Filing ACK
202510071609…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$18781.8M
$0 per participant
Active participants
104,566
28.2% participation
Participation rate
28.2%
0th percentile
Annual return
4.55%
10th percentile
Admin expense
1.01%
% 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, Participants>=10,000, Snapshot2024
- Participant contribution$00th pctile
- Employer contribution$00th pctile
- Participation rate28.2%0th pctile
- Assets per participant$00th pctile
- Expense efficiency$1,8195th pctile
- Annual return4.55%10th 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
-$353.09M
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
0.6%
In line with peersPeer marker at 0.6%
Section 04
Service providers
Top 10 of 26 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL Service code 15 | Recordkeeping | $4,922,249 |
STATE STREET BANK AND TRUST COMPANY Service code 25 | Directed Trustee | $797,949 |
ANTHEM BLUE CROSS LIFE AND HEALTH Service code 12 | Float revenue; Claims processing; Dir... | $553,072 |
ROPES & GRAY LLP Service code 29 | Legal | $373,423 |
WILLIS TOWERS WATSON DELAWARE INC. Service code 11 | Actuarial | $261,830 |
DELOITTE & TOUCHE LLP Service code 10 | Accounting | $218,738 |
CALLAN ASSOCIATES Service code 34 | Direct payment from the plan; Valuati... | $214,669 |
FUTURE TECH ENTERPRISE INC Service code 49 | Other Services | $206,765 |
STEPSTONE GROUP LP Service code 16 | Consulting | $148,637 |
CHIPTON-ROSS INC. Service code 13 | Contract Administrator | $142,710 |
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$0
Participant total$0
Employer / P$0
Participant / P$0
Expenses
Admin expenses$20,933,473
Per participant$1,819.19
% of assets0.11%
Fidelity bond
Coverage amount$100,000,000
% of assets0.53%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·800640649
Plan #011$39,473,777,135
NORTHROP GRUMMAN SAVINGS PLAN
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 #010$487,671,385
NG FINANCIAL SECURITY AND SAVINGS PROGRAM
Plan #029$104,111,082
NG MASTER INACTIVE QUALIFIED PLAN