Retirement plan
REVISED PENSION PLAN FOR HOURLY RATED EMPLOYEES OF L3HARRIS CINCINNATI ELECTRONICS CORPORATION
L3HARRIS TECHNOLOGIES, INC.EIN 34-0276860Plan #025PY 2022
1025 WEST NASA BOULEVARD - MELBOURNE, FL 329190001321-724-3554l3harris.comLinkedIn10001+ employeesdefense & space
Other plans on this EIN
10 filingsProspect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator entity
EMPL. BEN. COM. L3HARRIS TECH. INC.
EIN 340276860
Summary metrics
Total assets (EOY)
$10M
-11.2% from 2021
Total participants
84
+11.6% from 2021
Average account balance
$0
No prior year
Annual return
-16.89%
+1.45 pp from 2021
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort1,492 peers
Snapshot2022
0
Participant deferral / active EE
$0
median $0
0
Employer contribution / active EE
$0
median $17,800
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $128,364
0
Admin fee / account holder
$0
median $0
22
Annual return
-16.89%
median -12.36%
Overall peer rank
22of 100
22nd percentileavg across 6 metrics
Analytics
2020 - 2024
Total assets (EOY)
Plan-year ending balance
$12.15M
Average account balance
Total assets / participants with a balance (line 6g)
$160K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
70
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+7.35%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
Not enough data
2 years with F_SCH_H allocation on file
Service providers
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Enrolled actuary
1 attachment
SB
AIDA DOMLIJA, FSA, MAAA
SEGAL
Enrollment #2306955
333 W. 34TH STREET
NEW YORK, NY 100012402
(212) 251-5000
Signed 2023-08-30
Top hat statement on fileNQDC
Filed March 29, 2005 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes1B3H
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
2 tripped
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Expense breakdown
Schedule H Part II
Admin total
$73K
$12194 / participant
- Other / not subdivided$73K100.0%
% of EOY assets
0.732%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
No opinion code on file for this filing.
- Auditor firm
- (not reported)
- Auditor EIN
- -
- Audit fees
- (not subdivided)
- Opinion code
- -