Plan Snapshot
- Plan Sponsor: Raytheon Company
- Sponsor EIN: 951778500
- Sponsor Address: 4 FARM SPRINGS ROAD, FARMINGTON, CT, 06032
- Plan Type: DB
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $0 | $74,920 |
| 2022 | 3,584 | $4.7B | $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 |
|---|---|---|---|---|
| CONDUENT HR CONSULTING, LLC | NONE | $1,250,561 | — | $1,250,561 |
| WILLIS TOWERS WATSON | NONE | $400,490 | — | $400,490 |
| PRICEWATERHOUSECOOPERS LLP | NONE | $247,000 | — | $247,000 |
| DELOITTE LLP | NONE | $217,621 | — | $217,621 |
| THE BANK OF NEW YORK MELLON | NONE | $93,047 | — | $93,047 |
| TIGERPRESS | NONE | $24,601 | — | $24,601 |
| DATA BASED DEVELOPMENT | NONE | $18,557 | — | $18,557 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,251,877
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 |
|---|---|---|---|---|---|
| 2023 | $27,073,311 | — | $1,377,163 | $238,090 | — |
| 2022 | $5,726,524 | — | — | — | $2,208,719 |