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: 99,799
- Total Assets: $39.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 99,799 | $39.5B | $653.4M | $1.4B |
| 2023 | 104,719 | $36.2B | $632.4M | $1.3B |
| 2022 | 97,987 | $32.6B | $556.3M | $1.2B |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISORS | $5,633,561 | — | $5,633,561 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $3,835,087 | — | $3,835,087 |
| STATE STREET BANK AND TRUST COMPANY | DIRECTED TRUSTEE | $480,647 | — | $480,647 |
| DELOITTE & TOUCHE LLP | AUDITOR | $209,070 | — | $209,070 |
| FUTURE TECH ENTERPRISE INC. | OTHER SERVICES | $116,308 | — | $116,308 |
| CHIPTON-ROSS | CONSULTANT | $113,035 | — | $113,035 |
| CALLAN ASSOCIATES | CONSULTANT | $59,121 | — | $59,121 |
| CITRIN COOPERMAN ADVISORS LLC | FORM 5500 PREP | $38,798 | — | $38,798 |
| EPLUS TECHNOLOGY INC | IT HARDWARE | $16,036 | — | $16,036 |
| ROPES AND GRAY LLP | LEGAL COUNSEL | $14,109 | — | $14,109 |
| OSI DIGITAL INC | CONSULTANT | $11,759 | — | $11,759 |
| GLOBAL TRADING ANALYTICS LLC | CONSULTANT | $9,443 | — | $9,443 |
| OPEN TEXT, INC | COMPUTER SERVICE | $9,343 | — | $9,343 |
| JTK GROUP LLC | CONSULTANT | $5,357 | — | $5,357 |
| PKF OCONNOR DAVIES LLP | ACCOUNTANT/ AUDITOR | $5,100 | — | $5,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISORS
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- DELOITTE & TOUCHE LLP — AUDITOR
- PKF OCONNOR DAVIES LLP — ACCOUNTANT/ AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,556,774
- Estimated Expense Ratio: 0.027% 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 | $11,661,911 | $5,633,561 | — | $214,170 | — |
| 2023 | $11,512,500 | $4,967,259 | — | $212,780 | — |
| 2022 | $11,487,575 | — | — | — | $11,487,575 |