Home  >   401k Directory   >   Northrop Grumman Corporation
Northrop Grumman Corporation
Northrop Grumman Savings Plan

Northrop Grumman Corporation

84 Plan:

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (84) and the top rated plan (88) could equate to:
[How is this calculated?]
3 additional years of work
Up to $14,900 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 114,000 active participants and over $15.1B in plan assets.

 Investment Menu Statistics

No. of Investment Options
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Northrop Grumman DC MT Stable Value Fund 23%
2. Northrop Grumman DC MT Equity Index Fund 18%
3. Northrop Grumman DC MT Fixed Income Fund 10%

 Retirement Plan Details

Address 2980 Fairview Park Drive
Falls Church, VA 22042-4511 
Industry Manufacturing
Administrator Prabu Natarajan-Corp Vp-Tax
Net Plan Assets $15,100,000,000
Total Participants 110,000
Avg Account Balance $140,000

  Plan Service Providers

Recordkeeper Aon Hewitt Financial Advisors LLC
Consultant Aon Hewitt Financial Advisors LLC
Administration Northrop Grumman Corporation
Corporate Trustee State Street Global Advisors
Recordkeeper State Street Global Advisors
Consultant State Street Global Advisors
Consultant AYCO Company LP
Recordkeeper Cdw Direct LLC
Legal Counsel Chipton Ross
Administration Chipton Ross
Recordkeeper Emc Corporation
Consultant Global Trading Analytics
Recordkeeper Groom Law Group Chartered
Legal Counsel Ivins, Philips and Barker
Recordkeeper Kst Data Inc.
Consultant O'Connor Davies Munns & Dobbins LLP
Recordkeeper Open Text
Recordkeeper OSI Consulting, Inc.
Consultant OSI Consulting, Inc.
Legal Counsel Seyfarth Shaw, LLP
Recordkeeper Sole-Lutions Engineering
Recordkeeper Sparkhope Productions Inc.
Legal Counsel Steptoe & Johnson
Administration Towers Watson
Auditor Deloitte & Touche, LLP