Plan Snapshot
- Plan Sponsor: Rtx Corporation
- Sponsor EIN: 060570975
- Sponsor Address: 4 FARM SPRINGS ROAD, FARMINGTON, CT, 06032
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 65,987
- Total Assets: $20.7M
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 | 65,987 | $20.7M | $1.5B | $396.5M |
| 2023 | 125,848 | $50.5M | $1.4B | $378.9M |
| 2022 | 125,600 | $54.8M | $1.2B | $374.5M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $21,831,297 | — | $21,831,297 |
| PARTNERCOMM, INC. | Other Service Provider | $2,270,250 | — | $2,270,250 |
| WILLIS TOWERS WATSON | Other Service Provider | $1,603,875 | — | $1,603,875 |
| RTX CORPORATION | Other Service Provider | $1,036,281 | — | $1,036,281 |
| HEALTH ADVOCATE | Other Service Provider | $1,019,904 | — | $1,019,904 |
| MERATIVE | Other Service Provider | $604,933 | — | $604,933 |
| METROPOLITAN LIFE INSURANCE COMPANY | Other Service Provider | $521,102 | — | $521,102 |
| AYCO | Other Service Provider | $229,500 | — | $229,500 |
| LAND GRAPHICS INC | Other Service Provider | $224,249 | — | $224,249 |
| WOESTMAN CONSULTING | Other Service Provider | $208,439 | — | $208,439 |
| TIGERPRESS | Other Service Provider | $206,366 | — | $206,366 |
| GRANT THORNTON | Other Service Provider | $177,046 | — | $177,046 |
| AIRBO | Other Service Provider | $162,200 | — | $162,200 |
| KARMALADE CONSULTING | Other Service Provider | $52,130 | — | $52,130 |
| BENEFITFOCUS | Other Service Provider | $50,523 | — | $50,523 |
| JP MORGAN | Recordkeeper | $50,000 | — | $50,000 |
| DATA BASED DEVELOPMENT SYSTEMS | Other Service Provider | $32,772 | — | $32,772 |
| MULETOWN FUNDING | Other Service Provider | $26,500 | — | $26,500 |
| ROSA BARONE | Other Service Provider | $18,338 | — | $18,338 |
| ANDERSON TAX LLC | Other Service Provider | $13,900 | — | $13,900 |
| UNITED BANK | Other Service Provider | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- JP MORGAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,349,605
- Estimated Expense Ratio: 146.279% 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 | $78,281,688 | — | $62,346,789 | $190,946 | — |
| 2023 | $78,319,091 | — | $41,513,129 | $82,000 | — |
| 2022 | $77,426,402 | — | $842,145 | — | $24,329,068 |