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: 750
- Total Participants: 0
- Total Assets: $261.8M
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 | 0 | $261.8M | $27.9M | $31.0M |
| 2023 | 0 | $227.5M | $28.0M | $31.9M |
| 2022 | 0 | $185.6M | $28.9M | $27.9M |
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 | $790,162 | — | $790,162 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $532,017 | — | $532,017 |
| BENEFIT OUTSOURCING SOLUTIONS INC | Other Service Provider | $499,295 | — | $499,295 |
| DELOITTE & TOUCHE LLP | Auditor | $118,621 | — | $118,621 |
| RX SAVINGS SOLUTIONS | Other Service Provider | $69,288 | — | $69,288 |
| KES MAIL INC | Other Service Provider | $46,040 | — | $46,040 |
| SSDC SERVICES CORP | Other Service Provider | $43,857 | — | $43,857 |
| CHIPTON-ROSS INC. | Other Service Provider | $38,849 | — | $38,849 |
| ERNST & YOUNG | Other Service Provider | $30,084 | — | $30,084 |
| HARTER SECREST AND EMERY LLP | ERISA Attorney | $28,809 | — | $28,809 |
| STATE STREET BANK AND TRUST COMPANY | Custodian / Trustee | $25,794 | — | $25,794 |
| FUTURE TECH ENTERPRISE INC | Other Service Provider | $22,598 | — | $22,598 |
| MERATIVE US LP | Other Service Provider | $12,290 | — | $12,290 |
| PFK OCONNOR DAVIES LLP | Auditor | $5,910 | — | $5,910 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — 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: $2,263,614
- Estimated Expense Ratio: 0.865% 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 | $15,968,056 | $685 | $1,397,595 | $124,531 | — |
| 2023 | $14,803,788 | — | $2,043,208 | — | — |
| 2022 | $3,285,211 | — | $3,285,211 | — | — |