401(k) · DOL Form 5500 · 2022
Raytheon Technologies Corporation 401(k) Plan
Data updated 2026-08-25
- $48.9B
- Total assets Mega-plan scale
- 55,762
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $877,246
- Avg per participant High balance/head
Official DOL plan name: United Technologies Corporation Employee Savings Plan · Sponsored by Raytheon Technologies Corporation · Connecticut · Manufacturing
$48.9B in assets, 55,762 participants
Raytheon Technologies Corporation's United Technologies Corporation Employee Savings Plan reported $48.9B in total assets and 55,762 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- #20,601 in Manufacturing (20,602 peers)
Coverage in Connecticut
United Technologies Corporation Employee Savings Plan covers 55,762 participants in Connecticut, 78x the typical Connecticut plan (state average ~718 per filing). Assets: $48.9B.
- #20,601
- in Manufacturing (20,602 peers)
- +56.2%
- assets growth YoY
- 491×
- vs typical plan assets (national mean)
The plan reported a net loss of $2.9B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
United Technologies Corporation Employee Savings Plan's outsized position by total assets
United Technologies Corporation Employee Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$48,916,975,000 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
United Technologies Corporation Employee Savings Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Technologies Corporation Employee Savings Plan is a mega filing (55,762 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 060570975 · Raytheon Technologies Corporation PY 2022 · 401(k)
United Technologies Corporation Employee Savings Plan · $48.9B · 55,762 · 100th
- 5500 $48.9B
- 5500 55,762
- 5500 100th
- 5500 401(k)
- 5500 near The Bank of America 401(k) Plan
- 5500 ind #20601
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Connecticut →
United Technologies Corporation Employee Savings Plan in the asset neighbourhood
Connecticut filing particulars
| Total Assets (Beginning of Year) | $31.3B |
|---|---|
| Net Assets (End of Year) | $48.9B |
| Net Income | -$2.9B |
| Employer EIN | 060570975 |
| Plan Effective Date | 1978-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Raytheon Technologies Corporation)
Sponsor-wide plan assets over time
All Raytheon Technologies Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $100.3B 104.94132233153117% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 90,087 | $49.0B |
| 2023 | 3 | 147,890 | $96.6B |
| 2024 | 3 | 162,089 | $100.3B |
Nearby 401(k) Plans in Connecticut
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- GE Retirement Savings Plan $24.8B · 57,522
- Citi Retirement Savings Plan $17.4B · 70,070
- The Hartford Investment and Savings Plan $5.6B · 17,724
- Xerox Corporation Savings Plan $3.6B · 11,876
- Eversource 401(k) Plan $3.6B · 9,111
Scale composition for United Technologies Corporation Employee Savings Plan
United Technologies Corporation Employee Savings Plan reports $48.9B in end-of-year assets across 55,762 participants (0.40% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.059% of 93,925,755 covered participants) - about $877,246 per participant (6.3x the national average assets-per-participant) . Net income for plan year 2022 was -$2.9B.
This plan identity (EIN 060570975, plan #017) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $48.9B to $58.6B (+19.9%) while covered participants moved from 55,762 to 124,876 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 55,762 | $48.9B | This page |
| 2023 | 123,037 | $52.8B | Open filing |
| 2024 · index core | 124,876 | $58.6B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Rtx Savings Plan (401(k), $58.6B, 124,876 participants)
- Rtx Consolidated Pension Plan (Defined Benefit (Pension), $41.6B, 36,180 participants)
- Sundstrand De Puerto Rico Pension Plan (Defined Benefit (Pension), $48M, 1,033 participants)
United Technologies Corporation Employee Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Connecticut, the nearest 401(k) by assets is The Bank of America 401(k) Plan in NC ($47.1B); by covered participants it is Coadvantage Corporation Retirement Savings Plan in FL (55,559 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($48.9B here).
- The Bank of America 401(k) Plan (NC) $47.1B · 169,036
- Wells Fargo & Company 401(k) Plan (CA) $45.8B · 205,865
- IBM 401 (K) Plus Plan (NY) $53.4B · 56,376
- Lockheed Martin Corporation Salaried Savings Plan (MD) $43.6B · 87,666
Similar participant headcount
Nearest other-state filings by covered participants (55,762 participants); asset peers above are excluded.
- Coadvantage Corporation Retirement Savings Plan (FL) 55,559 · 203 off
- Disney Hourly Savings and Investment Plan (CA) 56,190 · 428 off
- Meta Platforms, Inc 401(k) Plan (CA) 56,213 · 451 off
- Cracker Barrel Old Country Store, Inc. and Affiliates Employee Savings Plan (TN) 56,494 · 732 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.