Overview

Plan Rating

BrightScope Rating
81
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (40)
Average in Peer Group (78)
Highest in Peer Group (90)

Plan Description

L3 Technologies Master Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Company Generosity, Salary Deferral, and Total Plan Cost. L3 Technologies Master Savings Plan currently has over 49,400 active participants and over $4.3B in plan assets.

Did you know?

For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (81) and the top rated plan (90) could equate to:
8
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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 600 Third Avenue
  • Location
    New York , NY
  • 10016-1901
  • Industry
    Manufacturing
  • Net Plan Assets
    $4,330,000,000
  • Total Participants
    49,000
  • Avg Account Balance
    $90,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Above Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Above Average
Account Balance:
Average

Peer Group Plans

Company Rating
Texas Instruments 86.6
Caterpillar 85.7
BAE Systems 81.6
Nokia of America 81.6
Harris 81.6
Xerox 79.2
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

30

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Dodge & Cox Income 28%
54%
Fidelity Freedom Funds 15%
N/A
BlackRock High Yield Bond 13%
14%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Legal Counsel
Grant Thornton, LLP
Consultant
Grant Thornton, LLP
Consultant
Aon Hewitt
Legal Counsel
Alight Financial Solutions, LLC
Consultant
Alight Financial Solutions, LLC
Legal Counsel
Mitchell Silberberg & Knupp LLP
Consultant
Mitchell Silberberg & Knupp LLP
Recordkeeper
Access Retirement Services, LLC
Consultant
Access Retirement Services, LLC
Recordkeeper
Fidelity
Auditor
Grant Thornton, LLP

Articles and Questions

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