Plan Snapshot
- Plan Sponsor: Northrop Grumman Corporation
- Sponsor EIN: 800640649
- Sponsor Address: 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH, VA, 220424511
- Plan Type: DB
- Total Participants: 6,030
- Total Assets: $8.4B
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 | 6,030 | $8.4B | $0 | $0 |
| 2023 | 6,737 | $8.5B | $0 | $0 |
| 2022 | 7,117 | $8.1B | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $2,844,369 | — | $2,844,369 |
| ANTHEM BLUE CROSS LIFE AND HEALTH | Other Service Provider | $323,273 | — | $323,273 |
| STATE STREET BANK AND TRUST COMPANY | Custodian / Trustee | $322,797 | — | $322,797 |
| WILLIS TOWERS WATSON DELAWARE INC. | Actuary | $250,650 | — | $250,650 |
| DELOITTE & TOUCHE LLP | Auditor | $165,388 | — | $165,388 |
| ROPES & GRAY LLP | ERISA Attorney | $160,398 | — | $160,398 |
| FUTURE TECH ENTERPRISE INC | Other Service Provider | $95,044 | — | $95,044 |
| CALLAN ASSOCIATES | Other Service Provider | $94,020 | — | $94,020 |
| STEPSTONE GROUP LP | Other Service Provider | $64,080 | — | $64,080 |
| PKF O'CONNOR DAVIES LLP | Auditor | $63,135 | — | $63,135 |
| CHIPTON-ROSS INC. | Other Service Provider | $61,383 | — | $61,383 |
| RX SAVINGS SOLUTIONS | Other Service Provider | $31,703 | — | $31,703 |
| BLOOMBERG | Other Service Provider | $22,376 | — | $22,376 |
| SSDC SERVICES CORP | Other Service Provider | $22,221 | — | $22,221 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $20,161 | — | $20,161 |
| HARTER SECREST AND EMERY LLP | ERISA Attorney | $16,373 | — | $16,373 |
| EPLUS TECHNOLOGY INC | Other Service Provider | $13,555 | — | $13,555 |
| GLOBAL TRADING ANALYTICS LLC | Other Service Provider | $8,097 | — | $8,097 |
| OPEN TEXT | Other Service Provider | $7,716 | — | $7,716 |
| ERNST & YOUNG LLP | Auditor | $7,524 | — | $7,524 |
| SEI GLOBAL SERVICES INC | Other Service Provider | $7,327 | — | $7,327 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- WILLIS TOWERS WATSON DELAWARE INC. — Actuary
- DELOITTE & TOUCHE LLP — Auditor
- ROPES & GRAY LLP — ERISA Attorney
- PKF O'CONNOR DAVIES LLP — Auditor
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,601,590
- Estimated Expense Ratio: 0.055% 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 | $11,614,003 | — | — | $133,210 | — |
| 2023 | $25,709,078 | — | — | — | — |
| 2022 | $33,053,258 | — | — | — | $33,053,258 |