Plan Snapshot
- Plan Sponsor: Northrop Grumman Corporation
- Sponsor EIN: 800640649
- Sponsor Address: 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH, VA, 220424511
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 93,428
- Total Assets: $80.0M
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 | 93,428 | $80.0M | $856.7M | $409.0M |
| 2023 | 96,740 | $123.3M | $868.7M | $384.8M |
| 2022 | 90,258 | $116.4M | $775.9M | $349.7M |
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 |
|---|---|---|---|---|
| ANTHEM BLUE CROSS LIFE AND HEALTH | Other Service Provider | $35,440,292 | — | $35,440,292 |
| QUANTUM HEALTH INC | Other Service Provider | $16,732,131 | — | $16,732,131 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $5,100,432 | — | $5,100,432 |
| DELTA DENTAL OF CALIFORNIA | Other Service Provider | $2,611,086 | — | $2,611,086 |
| AMERICAN FAMILY LIFE ASSURANCE CO | Other Service Provider | $2,449,424 | — | $2,449,424 |
| VIDA HEALTH INC | Other Service Provider | $2,188,699 | — | $2,188,699 |
| COMPSYCH CORPORATION | Other Service Provider | $1,517,151 | — | $1,517,151 |
| RX SAVINGS SOLUTIONS | Other Service Provider | $1,267,695 | — | $1,267,695 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $1,012,639 | — | $1,012,639 |
| ERNST & YOUNG | Other Service Provider | $588,003 | — | $588,003 |
| QUEST DIAGNOSTICS HEALTH AND WELLNE | Other Service Provider | $541,481 | — | $541,481 |
| MERATIVE US LP | Other Service Provider | $525,920 | — | $525,920 |
| FUTURE TECH ENTERPRISE INC | Other Service Provider | $218,077 | — | $218,077 |
| HARTER SECREST AND EMERY LLP | ERISA Attorney | $187,827 | — | $187,827 |
| DELOITTE & TOUCHE LLP | Auditor | $157,148 | — | $157,148 |
| KES MAIL INC | Other Service Provider | $105,088 | — | $105,088 |
| CHIPTON-ROSS INC. | Other Service Provider | $63,301 | — | $63,301 |
| HEALTH FAIRS DIRECT | Other Service Provider | $52,658 | — | $52,658 |
| NAT'L COUNCIL FOR MENTAL WELLBEING | Other Service Provider | $43,800 | — | $43,800 |
| EPLUS TECHNOLOGY INC | Other Service Provider | $30,068 | — | $30,068 |
| OPEN TEXT INC | Other Service Provider | $17,519 | — | $17,519 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $14,169 | — | $14,169 |
| BENEFIT OUTSOURCING SOLUTIONS INC | Other Service Provider | $8,400 | — | $8,400 |
| ALMADEN PRESS | Other Service Provider | $6,316 | — | $6,316 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- ALIGHT SOLUTIONS LLC — Recordkeeper
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,879,324
- Estimated Expense Ratio: 88.642% 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 | $71,875,669 | — | $46,558,687 | $157,148 | — |
| 2023 | $52,970,966 | — | $52,970,966 | — | — |
| 2022 | $53,440,717 | — | $53,440,717 | — | — |