Home  >  Ratings Directory  >  Harris Corporation
 
Company:
Harris Corporation
Plan:
Harris Corporation Retirement Plan
 

Harris Corporation

75 Plan: Harris Corporation Retirement Plan

 
 
75
7
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (75) and the top rated plan (90) could equate to:
[How is this calculated?]
11 additional years of work
Up to $296,400 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.

 

 Comments

Plan Description

Harris Corporation Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Total Plan Cost, and Account Balances. Harris Corporation Retirement Plan currently has over 13,900 active participants and over $2.5B in plan assets.

 Plan Details

Address1025 W. Nasa Blvd., M/S A11-N
Melbourne, FL 32919
IndustryCommunications Equipment Mfg
AdministratorCharles J. Greene
Net Plan Assets$2,600,000,000
Total Participants21,000
Avg Account Balance$120,000

 Top 3 Investment Holdings

1. Galliard Stable Value Fund 31%
2. T. Rowe Price Equity Income 8%
3. Northern Trust Russell 1000 Equity Index 8%

 Other Companies in Peer Group

Nucor 84.3
General Dynamics 78.3
Unisys 77.8
Kimberly-Clark 74.5
Apple 70.3
Alliant Techsystems 68.9

 Plan Service Providers

Insurance Carrier Ing Usa Annuity & Life Insurance Company
Auditor Ernst & Young
Consultant Fidelity Inv Inst Ops Co
Corporate Trustee Northern Trust
Consultant Cra Rogers Casey
Legal Counsel Sidley Austin LLP
Legal Counsel Akerman Senterfitt
Consultant Callan Associates Inc
Investment Adviser Bank of New York

 Plan Data Vault

Plan Data Vault

Please visit the vault to keep your 401k plan information accurate and up-to-date.