Northrop Grumman Corporation
53
Plan:
10
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (53) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $158,700 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 Financial Security and Savings Program is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Total Plan Cost. Northrop Grumman Financial Security and Savings Program currently has over 23,200 active participants and over $1.0B in plan assets.
Retirement Plan Details
| Address |
1840 Century Park East
Los Angeles, CA 90067 |
| Industry | Manufacturing |
| Administrator | Kenneth Heintz-Vp Controller, Cao |
| Net Plan Assets | $1,040,000,000 |
| Total Participants | 23,000 |
| Avg Account Balance | $45,000 |
Compare Other Companies in Peer Group
| Rockwell Collins | 81.1 |
| CommScope | 79.6 |
| Texas Instruments | 78.4 |
| Navistar | 75.1 |
| Honda of America Manufacturing | 71.9 |
| Oshkosh | 67.6 |
Top 3 Funds in this 401k
| 1. | Northrop Grumman DC MT Balanced Fund | 42% |
| 2. | Northrop Grumman DC MT Stable Value Fund | 19% |
| 3. | Northrop Grumman DC MT Equity Index Fund | 15% |
Plan Service Providers
| Recordkeeper | Aon Hewitt EnnisKnupp |
| Consultant | Aon Hewitt EnnisKnupp |
| Administration | Northrop Grumman Corporation |
| Corporate Trustee | State Street Global Advisors |
| Recordkeeper | State Street Global Advisors |
| Consultant | State Street Global Advisors |
| Legal Counsel | Seyfarth Shaw, LLP |
| Legal Counsel | Harter Secrest & Emery LLP |
| Recordkeeper | OSI Consulting, Inc. |
| Consultant | OSI Consulting, Inc. |
| Consultant | ACS HR Solutions |
| Recordkeeper | Emc Corporation |
| Recordkeeper | Sole-Lutions Engineering |
| Consultant | Projjix Inc |
| Recordkeeper | Sparkhope Productions Inc. |
| Consultant | Towers Watson |
| Recordkeeper | Open Text |
| Consultant | Jtk Group LLC |
| Auditor | Deloitte & Touche, LLP |
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