Retirement plan

NG FINANCIAL SECURITY AND SAVINGS PROGRAM

Name: NORTHROP GRUMMAN CORPORATION - NG FINANCIAL SECURITY AND SAVINGS PROGRAM (2018) Form 5500
Creator: NORTHROP GRUMMAN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NG FINANCIAL SECURITY AND SAVINGS PROGRAM, NORTHROP GRUMMAN CORPORATION

NORTHROP GRUMMAN CORPORATIONEIN 80-0640649Plan #010PY 2018

2980 FAIRVIEW PARK DRIVE - FALLS CHURCH, VA 220424511703-280-2900northropgrumman.comLinkedIn10001+ employeesdefense & space

Other plans on this EIN

7 filings

#011Retirement-$22.18B assets #030Retirement-$16.11B assets #007Retirement-$6.57B assets #041Retirement-$1.89B assets #045Retirement-$547.1M assets #040Retirement-$544.2M assets #029Retirement-$95.5M assets

Prospect flagsWind-down / frozen

How to read this page

Total assets (EOY)

$494.1M

+2.0% from 2016

Total participants

4,384

+33.6% from 2016

Average account balance

$113,616

-9.4% from 2016

Annual return

-5.23%

-5.72 pp from 2016

Benchmarks

See 831 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort831 peers

Snapshot2018

Participant deferral / active EE

median $4,282

Employer contribution / active EE

median $2,159

Participation rate

97.3%

median 93.4%

Avg account balance

$113,616

median $65,680

Admin fee / account holder

$88

median $67

Annual return

-5.23%

median -4.46%

Overall peer rank

55of 100

55th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$487.67M

Average account balance

Total assets / participants with a balance (line 6g)

$174K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,796

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.2%

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

+12.04%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$102

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3 years Service code 37 · EIN 04-2647786	Loan Processing	$152,100
DELOITTE & TOUCHE LLP4+ years Service code 10 · EIN 13-3891517	Accounting	$129,600
FINANCIAL ENGINES1 year Filed as: FINANCIAL ENGINES ADVISORS LLC Service code 26 · EIN 77-0473565	Advisory (Participants)	$88,248
SEYFARTH SHAW LLP4+ years Service code 29 · EIN 36-2152202	Legal	$26,615
STATE STREET GLOBAL ADVISORS1 year Filed as: STATE STREET BANK AND TRUST CO Service code 19 · EIN 04-1867445	Securities Custodian	$18,661
HOMES LOWRY HORN & JOHNSON LTD1 year Filed as: HOMES LOWRY HORN & JOHNSON LTD. Service code 10 · EIN 54-0975470	Accounting	$15,423
EPLUS TECHNOLOGY INC3 years Service code 49 · EIN 54-1904151	Other Services	$5,477

Plan features & details

Pension benefit codes2E2H2I2J2K2O3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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

1 tripped

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

$381K

$298 / participant

Other / not subdivided$381K100.0%

% of EOY assets

0.077%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$113,616

$78,852+44.1%

$76,768+48.0%

$75,289+50.9%

Participation rate

97.3%

85.0%+12.3pp

77.0%+20.3pp

72.4%+24.8pp

Annual return

-5.23%

-1.29%-3.9pp

2.43%-7.7pp

-0.04%-5.2pp

Employer contribution / active EE

$2,794-100.0%

$2,485-100.0%

$2,405-100.0%

Participant deferral / active EE

$4,800-100.0%

$3,852-100.0%

$3,739-100.0%

Admin fee / account holder

$88

$79+10.9%

$6,676-98.7%

$102-14.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Service code 37 · EIN 04-2647786

Loan Processing

$152,100

DELOITTE & TOUCHE LLP4+ years

Service code 10 · EIN 13-3891517

Accounting

$129,600

FINANCIAL ENGINES1 year

Filed as: FINANCIAL ENGINES ADVISORS LLC

Service code 26 · EIN 77-0473565

Advisory (Participants)

$88,248

SEYFARTH SHAW LLP4+ years

Service code 29 · EIN 36-2152202

Legal

$26,615

STATE STREET GLOBAL ADVISORS1 year

Filed as: STATE STREET BANK AND TRUST CO

Service code 19 · EIN 04-1867445

Securities Custodian

$18,661

HOMES LOWRY HORN & JOHNSON LTD1 year

Filed as: HOMES LOWRY HORN & JOHNSON LTD.

Service code 10 · EIN 54-0975470

Accounting

$15,423

EPLUS TECHNOLOGY INC3 years

Service code 49 · EIN 54-1904151

Other Services

$5,477

NG FINANCIAL SECURITY AND SAVINGS PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NG FINANCIAL SECURITY AND SAVINGS PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion