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Company:
Harris Corporation
Plan:
Harris Corporation Retirement Plan
 

Harris Corporation

80 Plan: Harris Corporation Retirement Plan

 
 
80
48
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (80) and the top rated plan (85) could equate to:
[How is this calculated?]
4 additional years of work
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

Retirement 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 80, 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. Harris Corporation Retirement Plan currently has over 20,200 active participants and over $2.8B in plan assets.

 Retirement Plan Details

Address 1025 West Nasa Blvd
Mail Stop A-11n
Melbourne, FL 32919 
Industry Manufacturing
Administrator Brenda Sheets
Net Plan Assets $2,820,000,000
Total Participants 20,000
Avg Account Balance $140,000

 Compare Other Companies in Peer Group

Freescale Semiconductor 83.4
Applied Materials 81.4
EMC 78.5
Pitney Bowes 72.3
Apple 72.1
NCR 70.1

 Top 3 Funds in this 401k

1. Wells Fargo Fixed Income Fund 24%
2. Total Common Stocks 20%
3. Northern Trust Aggregate Bond Index 9%

  Plan Service Providers

Corporate Trustee BlackRock, Inc.
Corporate Trustee Northern Trust
Consultant Callan Associates
Legal Counsel Sidley Austin LLP
Consultant N.A. Falcone & Associates, Inc.
Auditor Ernst & Young
Recordkeeper Fidelity

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