Virginia › Manufacturing › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
NG Financial Security and Savings Program
Sponsored by Northrop Grumman Corporation, Falls Church, VA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2025, NG Financial Security and Savings Program covered 2,556 participants and held $500M in net assets. The plan is an ESOP with a 401(k) feature sponsored by Northrop Grumman Corporation of Falls Church, Virginia.
Net assets came to $172,164 per participant in plan year 2024, well above the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and well above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $248K: $97.21 per participant, above the same-size median of $82.08. Administrative expenses charged to the plan were $262K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $557M in 2011 to $500M in 2025 (down 10%), and participants from 8,655 to 2,556 (down 70%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $172,164 | $50,295 | $62,303 | $53,102 |
| Employer contributions per active participant | — | $2,045 | $2,187 | $2,175 |
| Schedule C compensation per participant | $89.56 | $82.08 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.05% | 0.17% | 0.24% | 0.26% |
| Administrative expenses per participant | $101 | $82.20 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 2,556 | $500M | $195,674 | — | — | $248K |
| 2024 | 2,832 | $488M | $172,164 | — | — | $254K |
| 2023 | 3,081 | $489M | $158,716 | — | — | $250K |
| 2022 | 3,347 | $478M | $142,950 | — | — | $310K |
| 2021 | 3,622 | $602M | $166,224 | — | — | $313K |
| 2020 | 3,852 | $569M | $147,833 | — | — | $331K |
| 2019 | 4,082 | $546M | $133,788 | — | — | $342K |
| 2018 | 4,384 | $494M | $112,699 | — | — | $436K |
| 2017 | 4,680 | $566M | $120,962 | — | — | $615K |
| 2016 | 5,018 | $534M | $106,400 | — | — | $848K |
| 2015 | 6,702 | $543M | $81,032 | — | — | $718K |
| 2014 | 7,305 | $576M | $78,789 | — | — | $755K |
| 2013 | 7,761 | $589M | $75,953 | — | — | $710K |
| 2012 | 7,763 | $569M | $73,358 | $0 | — | $855K |
| 2011 | 8,655 | $557M | $64,395 | $554K | $3.5M | $1.0M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$487,568,475
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$74,002,396
- Benefits paid$53,790,761
- Administrative expenses$261,628
- Total expenses$54,052,389
- Net income$19,950,007
- Net transfers−$7,376,168
- Net assets, end of year$500,142,314
Participants
- Active participants626
- Retired or separated, receiving benefits438
- Retired or separated, entitled to future benefits1,425
- Participants with account balances2,525
- Total participants, end of year2,556
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Deloitte & Touche LLP | Accounting (including auditing) | $142,707 | $0 |
| Fidelity Investments Institutional | Participant loan processing | $73,449 | $0 |
| Strategic Advisors, Inc. | Investment advisory (plan) | $27,033 | $0 |
| Chipton-Ross Inc. | Contract Administrator | $5,279 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- IQPA audit fees$142,707
- Recordkeeping fees$73,449
- Investment advisory and management fees$27,033
- Other administrative expenses$14,927
- Trustee and custodial fees$3,469
- Legal fees$43
- Total administrative expenses$261,628
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$500M · 99.9%
- Participant loans$427K · 0.1%
- Cash (interest and non-interest bearing)$85K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmDeloitte & Touche LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $100,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2HPartial participant-directed account plan2IStock bonus2JCode section 401(k) feature2KCode section 401(m) arrangement2OESOP other than a leveraged ESOP3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 336410: Aerospace Product & Parts Mfg.
Other plans of Northrop Grumman Corporation
| Plan | Participants | Net assets |
|---|---|---|
| Northrop Grumman Savings Plan | 151,108 | $44.3B |
| Northrop Grumman Pension Plan | 104,566 | $18.8B |
| NG Space&mission Systems Corp. Salaried Pension Pla | 60,528 | $8.39B |
| Northrop Grumman Retirement Plan B | 20,435 | $2.05B |
| NG Master Inactive Qualified Plan | 2,899 | $104M |
| NG Es Union Represented Employees Pension Plan | 2,855 | $632M |
| NG Es - Space Division Consolidated Pension Plan | 2,692 | $623M |
Similar plans in Virginia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Virginia Transformer Corp. Profit Sharing and Retirement Plan | Virginia Transformer Corp. | 2,577 | $29.4M | $11,414 |
| Carpenter Co. Profit-Sharing Plan | Carpenter Co. | 2,539 | $348M | $137,227 |
| Alfa Laval Retirement Savings Plan | Alfa Laval Inc. | 2,591 | $319M | $123,229 |
| Trex Company, Inc. 401(k) Profit Sharing Plan | Trex Company, Inc. | 2,338 | $184M | $78,742 |
| Metalsa-Uaw Retirement and Savings Plan | Metalsa Structural Products, Inc. | 2,882 | $107M | $37,285 |
| Nightwing 401(k) Plan | Nightwing Group, LLC | 2,300 | $81.6M | $35,478 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is NG Financial Security and Savings Program?
2,556 participants at the end of the plan year ending 31 Dec 2025, of whom 626 were active employees, with net assets of $500,142,314. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Northrop Grumman Corporation contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $248,468 in compensation to service provider organisations, $97.21 per participant or 0.05% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $261,628. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Northrop Grumman Corporation. Recordkeeping or administration: Fidelity Investments Institutional and Chipton-Ross Inc.. Investment advisory or management: Strategic Advisors, Inc.. The financial statements were audited by Deloitte & Touche LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 16 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 80-0640649, plan 010, received 16 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.