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Company:
Northrop Grumman Corporation
Plan:
Northrop Grumman Savings Plan
 

Northrop Grumman Corporation

84 Plan:

 
 
84
39
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (84) and the top rated plan (87) could equate to:
[How is this calculated?]
2 additional years of work
Up to $100,500 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Northrop Grumman Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Northrop Grumman Savings Plan currently has over 109,800 active participants and over $18.9B in plan assets.


 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Northrop Grumman DC MT US Equity Fund 21%
2. Northrop Grumman DC MT Stable Value Fund 17%
3. BlackRock, Inc. Northrop Grumman DC MT Target Retirement Path 11%

 Retirement Plan Details

Address 2980 Fairview Park Drive
Falls Church, VA 22042-4511 
Industry Manufacturing
Administrator Talha Zobair-Corp VP Tax
Net Plan Assets $18,900,000,000
Total Participants 110,000
Avg Account Balance $190,000

 Compare Other Companies in Peer Group

GlaxoSmithKline LLC 86.9
Ford Motor Company 83.2
Honeywell International 79.7
Johnson Controls 78.0
L-3 Communications 77.5
Apple 75.7

 
Plan Service Providers

Recordkeeper Aon Hewitt
Recordkeeper Northrop Grumman Corporation
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Administration Chipton Ross
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Consultant Global Trading Analytics
Legal Counsel Ivins, Philips and Barker
Recordkeeper Pannell Kerr Forster, P.C.
Legal Counsel Steptoe & Johnson
Auditor Deloitte & Touche, LLP