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: 1,451
- Total Assets: $2.1B
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 | 1,451 | $2.1B | $0 | $0 |
| 2023 | 1,614 | $2.1B | $0 | $0 |
| 2022 | 1,733 | $2.0B | $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 | $735,449 | — | $735,449 |
| WILLIS TOWERS WATSON DELAWARE INC. | ACTUARY | $140,065 | — | $140,065 |
| DELOITTE & TOUCHE LLP | AUDITOR | $114,111 | — | $114,111 |
| STATE STREET BANK AND TRUST COMPANY | TRUSTEE | $80,654 | — | $80,654 |
| PKF O'CONNOR DAVIES LLP | ACCOUNTANT/AUDITOR | $65,363 | — | $65,363 |
| ROPES & GRAY LLP | LEGAL COUNSEL | $41,133 | — | $41,133 |
| CALLAN ASSOCIATES | CONSULTANT | $23,452 | — | $23,452 |
| FUTURE TECH ENTERPRISE INC | OTHER SERVICES | $21,706 | — | $21,706 |
| STEPSTONE GROUP LP | CONSULTANT | $16,381 | — | $16,381 |
| CHIPTON-ROSS INC. | CONTRACT LABOR | $12,585 | — | $12,585 |
| CITRIN COOPERMAN ADVISORS LLC | FORM 5500 PREP | $9,870 | — | $9,870 |
| BLOOMBERG | CONSULTANT | $5,675 | — | $5,675 |
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
- PKF O'CONNOR DAVIES LLP — ACCOUNTANT/AUDITOR
- ROPES & GRAY LLP — LEGAL COUNSEL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,266,444
- Estimated Expense Ratio: 0.062% 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 | $3,760,858 | — | — | $123,981 | — |
| 2023 | $4,394,454 | — | — | — | — |
| 2022 | $3,853,770 | — | — | — | $3,853,770 |