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: 11,507
- Total Assets: $18.8B
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 | 11,507 | $18.8B | $0 | $0 |
| 2023 | 12,678 | $19.1B | $0 | $0 |
| 2022 | 13,674 | $18.3B | $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 | $4,922,249 | — | $4,922,249 |
| STATE STREET BANK AND TRUST COMPANY | TRUSTEE | $797,949 | — | $797,949 |
| ANTHEM BLUE CROSS LIFE AND HEALTH | ADMIN SERVICES | $553,072 | — | $553,072 |
| ROPES & GRAY LLP | LEGAL COUNSEL | $373,423 | — | $373,423 |
| WILLIS TOWERS WATSON DELAWARE INC. | ACTUARY | $261,830 | — | $261,830 |
| DELOITTE & TOUCHE LLP | AUDITOR | $218,738 | — | $218,738 |
| CALLAN ASSOCIATES | CONSULTANT | $214,669 | — | $214,669 |
| FUTURE TECH ENTERPRISE INC | OTHER SERVICES | $206,765 | — | $206,765 |
| STEPSTONE GROUP LP | CONSULTANT | $148,637 | — | $148,637 |
| CHIPTON-ROSS INC. | CONTRACT LABOR | $142,710 | — | $142,710 |
| PKF O'CONNOR DAVIES LLP | ACCOUNTANT/AUDITOR | $92,717 | — | $92,717 |
| BENEFIT OUTSOURCING SOLUTIONS INC | BENEFIT ELIG ADMIN | $86,600 | — | $86,600 |
| RX SAVINGS SOLUTIONS | OTHER SERVICES | $61,314 | — | $61,314 |
| BLOOMBERG | CONSULTANT | $51,496 | — | $51,496 |
| SSDC SERVICES CORP | ADMIN SERVICES | $40,117 | — | $40,117 |
| CITRIN COOPERMAN ADVISORS, LLC | FORM 5500 PREP | $31,321 | — | $31,321 |
| EPLUS TECHNOLOGY INC | IT HARDWARE | $28,521 | — | $28,521 |
| KES MAIL INC | COMM SERVICE | $27,952 | — | $27,952 |
| HARTER SECREST AND EMERY LLP | LEGAL COUNSEL | $23,390 | — | $23,390 |
| GLOBAL TRADING ANALYTICS LLC | CONSULTANT | $18,825 | — | $18,825 |
| ERNST & YOUNG LLP | CONSULTANT | $18,351 | — | $18,351 |
| SEI GLOBAL SERVICES INC | CONSULTANT | $17,451 | — | $17,451 |
| OPEN TEXT | COMPUTER SERVICE | $16,622 | — | $16,622 |
| MERATIVE US LP | CONSULTANT | $10,457 | — | $10,457 |
| THE BURGISS GROUP | SOFTWARE SERVICE | $6,146 | — | $6,146 |
| JTK GROUP LLC | CONSULTANT | $5,654 | — | $5,654 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ROPES & GRAY LLP — LEGAL COUNSEL
- WILLIS TOWERS WATSON DELAWARE INC. — ACTUARY
- DELOITTE & TOUCHE LLP — AUDITOR
- PKF O'CONNOR DAVIES LLP — ACCOUNTANT/AUDITOR
- ERNST & YOUNG LLP — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,376,976
- Estimated Expense Ratio: 0.045% 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 | $20,933,473 | — | — | $181,863 | — |
| 2023 | $29,538,038 | — | — | — | — |
| 2022 | $34,686,015 | — | — | — | $34,686,015 |