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Company:
Harris Corporation
Plan:
Harris Corporation Retirement Plan
 

Harris Corporation

80 Plan: Harris Corporation Retirement Plan

 
 
80
40
75
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (80) and the top rated plan (87) could equate to:
[How is this calculated?]
5 additional years of work
Up to $55,900 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

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. This plan is in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Harris Corporation Retirement Plan currently has over 21,000 active participants and over $3.5B in plan assets.


 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Total Common Stocks 22%
2. Northern Trust S&P 500 Index 8%
3. Northern Trust Aggregate Bond Index 7%

 Retirement Plan Details

Address 1025 West Nasa Blvd
Mail Stop A-11n
Melbourne, FL 32919 
Industry Manufacturing
Administrator Brenda Sheets
Net Plan Assets $3,490,000,000
Total Participants 21,000
Avg Account Balance $170,000

 Compare Other Companies in Peer Group

Texas Instruments 83.6
Agilent Technologies 82.8
Rockwell Collins 82.0
Exelis 81.9
EMC 80.5
Rockwell Automation 79.2

  Plan Service Providers

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