Plan Snapshot
- Plan Sponsor: Raytheon Company
- Sponsor EIN: 951778500
- Sponsor Address: 4 FARM SPRINGS ROAD, FARMINGTON, CT, 06032
- Plan Type: DB
- Plan Number: 024
- Total Participants: 11,521
- Total Assets: $11.6B
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. |
|---|---|---|---|---|
| 2022 | 11,521 | $11.6B | $2.7M | $12.5M |
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 | Other Service Provider | $2,213,146 | — | $2,213,146 |
| WILLIS TOWERS WATSON | Other Service Provider | $699,258 | — | $699,258 |
| DELOITTE LLP | Other Service Provider | $399,545 | — | $399,545 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $122,286 | — | $122,286 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | $116,000 | — | $116,000 |
| PRINCE COMMUNICATIONS | Other Service Provider | $50,596 | — | $50,596 |
| TIGERPRESS | Other Service Provider | $44,851 | — | $44,851 |
| DATA BASED DEVELOPMENT | Other Service Provider | $33,152 | — | $33,152 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,678,834
- Estimated Expense Ratio: 0.032% 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 |
|---|---|---|---|---|---|
| 2022 | $52,747,357 | — | — | — | $3,550,235 |