PlanOptica
Retirement plan

NG NORDEN SYSTEMS REPRESENTED EMPLOYEE RETIREMENT

NORTHROP GRUMMAN CORPORATIONEIN 80-0640649Plan #031PY 2016
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2980 FAIRVIEW PARK DRIVE - FALLS CHURCH, VA 220424511703-280-2900northropgrumman.comLinkedIn10001+ employeesdefense & space
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Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(703) 280-2900
Plan administrator signer
JEFF SCHMIDT-CORP VP COMP&BEN
Signed 10/11/2017
Plan administrator entity
NG BENEFIT PLANS ADMINISTRATIVE COMMITTEE
EIN 953058633
(800) 894-4194
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Summary metrics

Total assets (EOY)
$12.3M
+0.9% from 2016
Total participants
168
+0.6% from 2016
Average account balance
$0
No prior year
Annual return
5.89%
-7.77 pp from 2016

Benchmarks

See 1,680 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort1,680 peers
Snapshot2016
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $14,345
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $138,036
Admin fee / account holder
$0
median $7
Annual return
5.89%
median 3.72%
Overall peer rank
68th percentileavg across 6 metrics

Analytics

2015 - 2017
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$73K
Not enough data
2 years with per-participant data
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
160
Not enough data
2 years with headcount on file
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Not enough data
2 years with eligibility data
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
-93.66%
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

Top 4 by compensation
ProviderService typeCompensation
CONDUENT HUMAN RESOURCE SERVICES1 year
Service code 11 · EIN 13-3954297
Actuarial
$58,679
DELOITTE & TOUCHE LLP2+ years
Service code 10 · EIN 13-3891517
Accounting
$54,450
SEYFARTH SHAW LLP2+ years
Service code 29 · EIN 36-2152202
Legal
$46,331
HEWITT ASSOCIATES LLC2+ years
Service code 15 · EIN 36-2235791
Recordkeeping
$7,440

Enrolled actuary

1 attachment
SB

WENDY LUDBROOK

CONDUENT HUMAN RESOURCE SERVICES
Enrollment #1706721
231 S. BEMISTON, SUITE 400
ST. LOUIS, MO 63105
(314) 719-2509

Plan features & details

Pension benefit codes1A1C3H
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).
  • 3H
    Controlled group member
    Plan 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
$212K
$26489 / participant
  • Other / not subdivided$212K100.0%
% of EOY assets
1.721%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
DELOITTE & TOUCHE LLP
Auditor EIN
133891517
Audit fees
(not subdivided)
Opinion code
Unqualified