401(k) · DOL Form 5500 · 2022

Northrop Grumman Corporation 401(k) Plan

Data updated 2026-08-11

$478M
Total assets
1,003
Participants
98th
Percentile by assets
$477,048
Avg per participant
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Official DOL plan name: Ng Financial Security and Savings Program · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$478M in assets, 1,003 participants

Northrop Grumman Corporation's Ng Financial Security and Savings Program reported $478M in total assets and 1,003 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #19,839 in Manufacturing (20,602 peers)

Where Ng Financial Security and Savings Program sits by assets

Ng Financial Security and Savings Program sits in the top 5% of all filed plans by assets, $478M for 1,003 participants (~$477,048/participant), down 20.5% in 2022.

$478M
total plan assets (2022 EOY)
1,003
covered participants
98th
percentile by assets (of 139,126 plans)
$477,048
avg assets per participant

The plan reported a net loss of $119M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Ng Financial Security and Savings Program vs the 2022 asset distribution

By assets, Ng Financial Security and Savings Program outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 4.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$602M
Net Assets (End of Year)$478M
Net Income-$119M
Employer EIN800640649
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

$60B$65B$70B$75B 202220232024 $62.8B $70.6B â–˛ +12.4%
Total plan assets by year, all Northrop Grumman Corporation plans on file
Year Plans Participants Total Assets
2022 8 119,474 $62.8B
2023 8 122,852 $67.7B
2024 8 127,891 $70.6B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ng Financial Security and Savings Program vs. nearby 401(k) plans in Virginia, assets vs. participants

Ng Financial Security and Savings Program vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Ng Financial Securit…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Ng Financial Security and Savings Program vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ng Financial Security and Savings Program by total assets, not by location.

Frequently Asked Questions

How did Ng Financial Security and Savings Program assets move in 2022?
Ng Financial Security and Savings Program declined sharply - down 20.5% during 2022, from $602M to $478M. Reported net income was -$119M.
How have Northrop Grumman Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Northrop Grumman Corporation's sponsor-wide assets grew 12.4%, from $62.8B to $70.6B.
Where does Ng Financial Security and Savings Program rank by assets among Form 5500 filers?
Ng Financial Security and Savings Program ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ng Financial Security and Savings Program?
Among 401(k) plans in other states, the closest by assets is Acushnet Company 401(k) Plan in MA ($478M, 2,598 participants).

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