Plan Snapshot
- Plan Sponsor: Rtx Corporation
- Sponsor EIN: 060570975
- Sponsor Address: 4 FARM SPRINGS ROAD, FARMINGTON, CT, 06032
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 125
- Total Assets: $20.6M
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 | 125 | $20.6M | $56.1M | $13.4M |
| 2023 | 114 | $29.1M | $60.5M | $14.4M |
| 2022 | 90 | $29.3M | $64.7M | $16.0M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $1,106,906 | — | $1,106,906 |
| GRANT THORNTON | Other Service Provider | $124,954 | — | $124,954 |
| WILLIS TOWERS WATSON | Other Service Provider | $80,591 | — | $80,591 |
| NUVEEN ASSET MANAGEMENT | Other Service Provider | $53,118 | — | $53,118 |
| JPMORGAN CHASE | Recordkeeper | $50,000 | — | $50,000 |
| HEALTH ADVOCATE | Other Service Provider | $49,276 | — | $49,276 |
| BNY | Other Service Provider | $28,246 | — | $28,246 |
| ROSA BARONE | Other Service Provider | $20,963 | — | $20,963 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- JPMORGAN CHASE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,514,054
- Estimated Expense Ratio: 7.353% 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 | $3,549,413 | $53,118 | $3,183,158 | $125,054 | — |
| 2023 | $4,017,985 | $79,538 | $2,514,451 | $72,000 | — |
| 2022 | $4,358,690 | $91,865 | — | — | $1,275,614 |