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401(k) Retirement Plan · Active

NG ES UNION REPRESENTED EMPLOYEES PENSION PLAN

NORTHROP GRUMMAN CORPORATION·EIN 800640649
2980 FAIRVIEW PARK DRIVE · FALLS CHURCH, VA 220424511
Plan year
2024
Plan #
045
Industry
Filing ACK
202510071609…
Prospect flagsNo flags tripped

Summary metrics

Total assets (EOY)
$631.9M
$0 per participant
Active participants
2,855
77.8% participation
Participation rate
77.8%
88th percentile
Annual return
5.55%
65th percentile
Admin expense
0.45%
% of assets
Flag timeline

Issue history by plan year

Tripped years: 0Watched years: 0
Section 02

How this plan compares

Peer groupIndustry33, Assets$500M-$1B, Participants250-999, Snapshot2024
  • Participant contribution
    $1,7294th pctile
  • Employer contribution
    $00th pctile
  • Participation rate
    77.8%88th pctile
  • Assets per participant
    $00th pctile
  • Expense efficiency
    $99158th pctile
  • Annual return
    5.55%65th 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
-$4.00M
Start of year to end of year
Section 04

Asset composition

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

Service providers

Top 8 by compensation
ProviderService typeCompensation
FIDELITY INVESTMENTS INSTITUTIONAL
Service code 15
Recordkeeping
$143,156
DELOITTE & TOUCHE LLP
Service code 10
Accounting
$90,609
WILLIS TOWERS WATSON DELAWARE INC.
Service code 11
Actuarial
$61,192
STATE STREET BANK AND TRUST COMPANY
Service code 25
Directed Trustee
$24,396
ROPES & GRAY LLP
Service code 29
Legal
$12,480
CITRIN COOPERMAN ADVISORS LLC
Service code 10
Accounting
$7,808
CALLAN ASSOCIATES
Service code 34
Direct payment from the plan; Valuati...
$7,095
FUTURE TECH ENTERPRISE INC
Service code 49
Other Services
$6,558
Section 05

Plan features & details

Show features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1A1C1I
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A 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).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
Contributions
Employer total$0
Participant total$1,384,904
Employer / P$0
Participant / P$1,729
Expenses
Admin expenses$794,091
Per participant$991.37
% of assets0.13%
Fidelity bond
Coverage amount$100,000,000
% of assets15.83%
Section 06

Other plans under this sponsor

Same EIN ·800640649