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Company:
Harris Corporation
Plan:
Harris Corporation Retirement Plan
 

Harris Corporation

79 Plan: Harris Corporation Retirement Plan

 
 
79
42
78
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (79) and the top rated plan (90) could equate to:
[How is this calculated?]
1 additional year of work
Up to $40,600 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 79. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Harris Corporation Retirement Plan currently has over 21,100 active participants and over $3.6B in plan assets.


 Investment Menu Statistics

No. of Investment Options
30
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Total Common Stocks 18%
2. BlackRock, Inc. Blackrock Lifepath Index 14%
3. Northern Trust S&P 500 Index 9%

 Retirement Plan Details

Address 1025 West Nasa Blvd
Mail Stop C-41i
Melbourne, FL 32919 
Industry Manufacturing
Administrator David Watrous
Net Plan Assets $3,570,000,000
Total Participants 21,000
Avg Account Balance $180,000

 Compare Other Companies in Peer Group

Texas Instruments 84.2
Ingersoll-Rand Company 82.6
Schneider Electric Holdings 80.5
Parker-Hannifin 79.9
Xerox 75.7
General Dynamics 75.6

 
Plan Service Providers

Recordkeeper Fidelity
Corporate Trustee BlackRock, Inc.
Corporate Trustee Northern Trust
Consultant Callan Associates
Legal Counsel Sidley Austin LLP
Auditor Carr, Riggs & Ingram Capital Advisors, LLC