Plan Snapshot
- Plan Sponsor: Northrop Grumman Corporation
- Sponsor EIN: 800640649
- Sponsor Address: 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH, VA, 220424511
- Plan Type: 401(k)
- Total Participants: 750
- Total Assets: $487.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 750 | $487.7M | $0 | $0 |
| 2023 | 836 | $489.0M | $0 | $0 |
| 2022 | 916 | $478.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | $140,013 | — | $140,013 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $30,994 | — | $30,994 |
| FUTURE TECH ENTERPRISE INC | Other Service Provider | $29,077 | — | $29,077 |
| STATE STREET BANK AND TRUST CO | Custodian / Trustee | $26,003 | — | $26,003 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $22,166 | — | $22,166 |
| CHIPTON-ROSS INC | Other Service Provider | $5,377 | — | $5,377 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,630
- Estimated Expense Ratio: 0.052% 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 | $285,617 | $30,994 | — | $140,013 | — |
| 2023 | $270,950 | — | — | — | — |
| 2022 | $334,042 | — | — | — | $334,042 |