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: 801
- Total Assets: $631.9M
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 | 801 | $631.9M | $0 | $1.4M |
| 2023 | 867 | $635.9M | $0 | $1.5M |
| 2022 | 940 | $601.2M | $0 | $1.6M |
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 | $143,156 | — | $143,156 |
| DELOITTE & TOUCHE LLP | Auditor | $90,609 | — | $90,609 |
| WILLIS TOWERS WATSON DELAWARE INC. | Actuary | $61,192 | — | $61,192 |
| STATE STREET BANK AND TRUST COMPANY | Custodian / Trustee | $24,396 | — | $24,396 |
| ROPES & GRAY LLP | ERISA Attorney | $12,480 | — | $12,480 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $7,808 | — | $7,808 |
| CALLAN ASSOCIATES | Other Service Provider | $7,095 | — | $7,095 |
| FUTURE TECH ENTERPRISE INC | Other Service Provider | $6,558 | — | $6,558 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- DELOITTE & TOUCHE LLP — Auditor
- WILLIS TOWERS WATSON DELAWARE INC. — Actuary
- ROPES & GRAY LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $353,294
- Estimated Expense Ratio: 0.056% 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 | $794,091 | — | — | $98,417 | — |
| 2023 | $1,149,240 | — | — | — | — |
| 2022 | $1,349,583 | — | — | — | $1,349,583 |