Plan Snapshot
- Plan Sponsor: L3harris Technologies, INC.
- Sponsor EIN: 340276860
- Sponsor Address: 1025 WEST NASA BOULEVARD, MELBOURNE, FL, 329190001
- Plan Type: 401(k)
- Plan Number: 504
- Total Participants: 1,410
- Total Assets: $38.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,410 | $38.1M | $0 | $78,000 |
| 2023 | 1,420 | $33.1M | $0 | $393,000 |
| 2022 | 1,404 | $28.9M | $0 | $757,000 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ALIGHT | Recordkeeper | $43,151 | — | $43,151 |
| PAYFLEX SYSTEMS USA, INC | Other Service Provider | $13,482 | — | $13,482 |
| WEAVER AND TIDWELL, LLP | Auditor | $9,750 | — | $9,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT — Recordkeeper
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,383
- Estimated Expense Ratio: 0.174% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $153,000 | — | $57,250 | $9,750 | — |
| 2023 | $641,000 | — | — | $20,000 | — |
| 2022 | $512,000 | — | $355,000 | — | $20,000 |