# Raytheon Company 401(k) Plan
Source: https://planprovider.pro/companies/raytheon-company-951778500-558

> Raytheon Company&#39;s 401(k) plan: 23,349 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Raytheon Company

- **Sponsor EIN:** 951778500

- **Sponsor Address:** 4 FARM SPRINGS ROAD, FARMINGTON, CT, 06032

- **Plan Type:** 401(k)

- **Plan Number:** 558

- **Total Participants:** 23,349

- **Total Assets:** $64.1M

## 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|23,349|$64.1M|$0|$11.8M|

| 2023|24,600|$74.7M|$0|$10.7M|

| 2022|30,960|$76.3M|$0|$11.1M|

## 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|

| METROPOLITAN LIFE INSURANCE COMPANY|Other Service Provider|$1,312,930|—|$1,312,930|

| PRICEWATERHOUSECOOPERS LLP|Auditor|$125,000|—|$125,000|

| SULLOWAY & HOLLIS, P.L.L.C.|Other Service Provider|$20,242|—|$20,242|

| GRANT THORNTON|Other Service Provider|$16,500|—|$16,500|

| HINSHAW & CULBERTSON LLP|ERISA Attorney|$6,557|—|$6,557|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [PRICEWATERHOUSECOOPERS LLP](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — Auditor

- [HINSHAW & CULBERTSON LLP](https://planprovider.pro/provider/hinshaw-and-culbertson-llp) — ERISA Attorney

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,481,229

- **Estimated Expense Ratio:** 2.312% 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|$1,483,629|—|$1,315,330|$141,500|—|

| 2023|$1,397,391|—|$1,866,558|$88,867|—|

| 2022|$1,543,090|$5,778|—|—|$92,217|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/raytheon-company-951778500-558)

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