401(k) Monitor

Ng Financial Security And Savings Program

Northrop Grumman Corporation · Falls Church, VA · EIN 800640649 · Plan 010 · Form 5500 for plan year 2024

What Northrop Grumman put into the plan, per active participant

Not on this filing

The plan ended the year with a fraction of the active participants it began with, so a full year of employer money would divide across the few people left and read as a figure no employee received. The total is shown instead of a per-person amount.

A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else. Nothing is filled in from an average, from another year or from another plan.

Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL June 16, 2025 · DOL EFAST2

What the plan cost, per participant

$93.64

The plan paid $93.64 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 56% of plans with 1,000–4,999 participants. The middle plan of that size paid $84.96.

Why a plan this big pays less per person before anything else

Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.

Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.

401(k) Monitor Score

Not scored

This filing reports one of the two amounts the score is built from, so it takes none. A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else.

It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.

What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.

On this page: the match and vesting terms · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers

The match and vesting terms, from a Form 11-K

The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.

What Northrop Grumman puts in

$0

a year, at any salary.

The filing discloses no employer contribution to this plan.

The match paragraph, word for word
The Plan is a qualified defined contribution plan established for the benefit of certain employees of Northrop Grumman Corporation (the “Company” or “Plan sponsor”) acquired as part of the Company's acquisition of Litton Industries, Inc. The Plan is closed to new participants and no further contributions are permitted.

What you contribute to collect all of it

Nothing to collect

The filing discloses no employer contribution to this plan, so no contribution rate collects one.

Vesting score

100 out of 100

How fast the employer’s money becomes yours. Higher than 48% of the 253 schedules we have scored.

It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.

Vesting scheduleImmediate

Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.

Vesting, word for word
Plan participants are fully vested in the balance of their accounts.

The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.

The formula, the six-year window and a worked example

What the plan costs, against plans of its size

56th percentile

$93.64 per participant in plan-paid administrative cost, more expensive than 56% of plans with 1,000–4,999 participants.

The match, vesting and eligibility terms above are read from the Form 11-K filed by Northrop Grumman Corporation, whose page states the full formula, the vesting schedule and the sentence behind each one.

Matched to this employer by sponsor name, not by an identifier stated in the filing. That Form 11-K covers Northrop Grumman Financial Security and Savings Program.

What to check next

  • There is no employer contribution to collect

    Northrop Grumman’s Form 11-K discloses no employer contribution to this plan for the year it covers. No contribution rate a worker sets changes what the employer adds.

    That Form 11-K covers plan year 2025. The plan’s Summary Plan Description states the terms in force, and the plan administrator must provide it to participants on request.

  • Money in, without a headcount to divide it by

    The plan ended the year with a fraction of the active participants it began with, so the employer money is shown as a total above and not per person. Your own statement, on Fidelity NetBenefits, shows what reached your account.

  • Your own numbers are not on this page

    Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Fidelity NetBenefits. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.

Key figures

From Schedule H of Form 5500 filing 20250616141025NAL0000504051003, plan year 2024.
Total plan assets, end of year$487,671,385
Net assets$487,568,475
Participants, beginning of year3,050
Of which active750
Plan typeSingle employer
Size cohortThe peer group we rank fees against.1,000–4,999 participants
Employer share of the money that went in, plan year 2024One of the two contribution lines is blank on this filing. A blank employee line against a filled employer line would read as every dollar coming from the employer, which is a gap in the filing rather than a fact about the plan, so no share is shown.not stated on this filing

Plan-paid administrative expenses

The plan paid $285,617 in administrative expenses in plan year 2024, across 3,050 participants: $93.64 per participant.

Contract administrator feesnot reported in filing
Professional feesnot reported in filing
Investment management fees$30,994
Other administrative fees$66,308

These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.

The plans this one is ranked against

Fees on this page are ranked against the 1,000–4,999 participant cohort, where the median plan pays $84.96 per participant. The sponsor files from Virginia, one of 1,765 plans on file there, at a median of $142.39 per participant. Its business code places the plan in aerospace and vehicle manufacturing, one of 934 on file, which run to a median of $112.59.

Plans of a similar size in Virginia

The plans nearest this one by participant count, out of 223 in its peer group. Cost per participant is each plan’s own Schedule H figure, and a filing that reported no administrative expenses says so instead of showing a zero.
PlanParticipantsCost per participant
Metalsa-Uaw Retirement And Savings PlanMetalsa Structural Products, Inc.3,106$2.39
Carpenter Co. Employee Savings & Investment PlanCarpenter Co.3,091$75.80
Cherry Bekaert Advisory LLC 401(k) PlanCherry Bekaert Advisory LLC3,049$128.68
Safe-Harbor 403(b) Thrift Plan For Employees Of Goodwill Of Central And Coastal Virginia, Inc.Goodwill Of Central And Coastal Virginia, Inc.3,042$5.93

Service providers (Schedule C)

Recordkeeper: Fidelity Investments (as filed: “FIDELITY INVESTMENTS INSTITUTIONAL”)

10,593 plans on file name Fidelity Investments as their recordkeeper, at a median of $97.71 per participant.

Providers from Schedule C, Part 1, Item 2 of filing 20250616141025NAL0000504051003. Direct compensation is paid from plan assets. Amounts in USD.
ProviderService codesDirect comp. ($)Indirect comp. ($)
Deloitte & Touche LLP50, 10140,013not reported
Strategic Advisors, Inc.2730,994not reported
Future Tech Enterprise Inc.4929,077not reported
State Street Bank And Trust Co62, 99, 63, 28, 25, 1926,0030
Fidelity Investments Institutional65, 64, 50, 3722,1660
Chipton-Ross Inc.50, 135,377not reported

Source

DatasetDOL EFAST2 Form 5500 bulk data (FOIA)
Form year2024
Filing ACK_ID20250616141025NAL0000504051003
Dataset last refreshedJuly 28, 2026

Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗

Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag

Cite this page

401(k) Monitor, "Ng Financial Security And Savings Program: Form 5500 facts", from DOL EFAST2 filing 20250616141025NAL0000504051003, plan year ended December 31, 2024.