PlanOptica
Retirement plan

NG ES - SPACE DIVISION CONSOLIDATED PENSION PLAN

NORTHROP GRUMMAN CORPORATIONEIN 80-0640649Plan #040PY 2015
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2980 FAIRVIEW PARK DRIVE - FALLS CHURCH, VA 220424511703-280-2900northropgrumman.comLinkedIn10001+ employeesdefense & space
Other plans on this EIN
10 filings
#011Retirement-$19.35B assets#030Retirement-$15.69B assets#007Retirement-$6.03B assets#041Retirement-$1.72B assets#010Retirement-$544.9M assets#045Retirement-$508.8M assets#032Retirement-$140.5M assets#029Retirement-$94.2M assets#031Retirement-$12.4M assets#037Retirement-$517K assets
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
CONSTANCE SOLOWAY-CORP VP COMP&BEN
Signed 10/13/2016
Plan administrator entity
NG BENEFIT PLANS ADMINISTRATIVE COMMITTEE
EIN 953058633
(800) 894-4194
How to read this page

Summary metrics

Total assets (EOY)
$499.9M
-2.0% from 2016
Total participants
2,999
+1.2% from 2016
Average account balance
$0
No prior year
Annual return
-0.68%
-7.84 pp from 2016

Benchmarks

See 282 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants250-999
Cohort282 peers
Snapshot2015
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $5,193
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $82,591
Admin fee / account holder
$0
median $717
Annual return
-0.68%
median -1.74%
Overall peer rank
73rd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$623.17M
Average account balance
Total assets / participants with a balance (line 6g)
$231K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,308
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
$10.00M
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$16K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+4.80%
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
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 8 by compensation
ProviderService typeCompensation
HEWITT ASSOCIATES LLC1+ years
Service code 15 · EIN 36-2235791
Recordkeeping
$435,012
TOWERS WATSON DELAWARE INC1+ years
Service code 11 · EIN 53-0181291
Actuarial
$246,356
NORTHROP GRUMMAN CORPORATION1+ years
Service code 14 · EIN 80-0640649
Plan Administrator
$137,747
STATE STREET BANK & TRUST CO.1+ years
Service code 25 · EIN 04-1867445
Directed Trustee
$73,181
DELOITTE & TOUCHE LLP1+ years
Service code 10 · EIN 13-3891517
Accounting
$56,905
SEYFARTH SHAW LLP1+ years
Service code 29 · EIN 36-2152202
Legal
$36,428
SEI INVESTMENT COMPANY1+ years
Service code 13
1 FREEDOM VALLEY DRIVE · OAKS, PA 19456
Contract Administrator
$10,015
CALLAN ASSOCIATES1+ years
Service code 34 · EIN 94-2192581
Direct payment from the plan; Valuati...
$7,010

Enrolled actuary

1 attachment
SB

THOMAS R. SUPPLE

TOWERS WATSON DELAWARE INC.
Enrollment #1405740
300 SOUTH GRAND AVENUE, STE 2000
LOS ANGELES, CA 90071
(213) 337-6000

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
$2.1M
$2519 / participant
  • Other / not subdivided$2M100.0%
% of EOY assets
0.430%
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