401(k) · DOL Form 5500 · 2023

Northrop Grumman Corporation 401(k) Plan

Data updated 2026-08-25

$36.2B
Total assets Mega-plan scale
97,987
Participants Very large workforce
100th
Percentile by assets National rank
$369,162
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Northrop Grumman Savings Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$36.2B in assets, 97,987 participants

Northrop Grumman Corporation's Northrop Grumman Savings Plan reported $36.2B in total assets and 97,987 participants in its 2023 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.

  • #18,717 in Manufacturing (18,722 peers)

Coverage in Virginia

Northrop Grumman Savings Plan covers 97,987 participants in Virginia, 125x the typical Virginia plan (state average ~782 per filing). Assets: $36.2B.

#18,717
in Manufacturing (18,722 peers)
+11.1%
assets growth YoY
363×
vs typical plan assets (national mean)

Northrop Grumman Savings Plan's outsized position by total assets

Northrop Grumman Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$36,173,098,625 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Northrop Grumman Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northrop Grumman Savings Plan is a mega filing (97,987 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northrop Grumman Savings Plan reported net income rose from -$4.6B in the plan year 2022 filing to $3.6B in the plan year 2023 filing.
  • Northrop Grumman Savings Plan end-of-year assets rose from $32.6B in the plan year 2022 filing to $36.2B in the plan year 2023 filing.
  • Northrop Grumman Savings Plan reported participants rose from 92,420 in the plan year 2022 filing to 97,987 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 800640649 · Northrop Grumman Corporation PY 2023 · 401(k)

Northrop Grumman Savings Plan · $36.2B · 97,987 · 100th

  • NET $36.2B
  • NET 97,987
  • NET 100th
  • NET 401(k)
  • NET near Costco 401(k) Retirement Plan
  • NET ind #18717

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 Virginia →

Northrop Grumman Savings Plan in the asset neighbourhood

Walmart 401(k) Plan$41.5BAT&T Retirement Savings Plan$40.0BGoogle LLC 401(k) Savings PlanGoogle LLC 401(k) Savings Pl…$39.0BNorthrop Grumman Savings Plan$36.2BCostco 401(k) Retirement Plan$33.4B
End-of-year total assets ($B) among Northrop Grumman Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$32.6B
Net Assets (End of Year)$36.2B
Net Income$3.6B
Employer EIN800640649
Plan Effective Date1962-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

Sponsor-wide plan assets over time

All Northrop Grumman Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$70.6B 12.39714344145889% vs 2022
2024 filing year
$60B$65B$70B$75B 202220232024 $62.8B $70.6B ▲ +12.4%
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.

Northrop Grumman Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 20000400006000080000100000120000 010203040 Total assets ($B) Participants Northrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment PlanBooz Allen Hamilton Inc. Employees' Capital Accumulation Plan, Total assets ($B): 7.978851953 · Participants: 32015Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan
Northrop Grumman Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Northrop Grumman Savings Plan side-by-side with 3 peers →

Scale composition for Northrop Grumman Savings Plan

Northrop Grumman Savings Plan reports $36.2B in end-of-year assets across 97,987 participants (0.29% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.10% of 93,925,755 covered participants) - about $369,162 per participant (2.7x the national average assets-per-participant) . Net income for plan year 2023 was $3.6B.

This plan identity (EIN 800640649, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $32.6B to $39.5B (+21.2%) while covered participants moved from 92,420 to 104,719 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 92,420 $32.6B Open filing
2023 97,987 $36.2B This page
2024 · index core 104,719 $39.5B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Northrop Grumman Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Costco 401(k) Retirement Plan in WA ($33.4B); by covered participants it is H-E-B Savings & Retirement Plan in TX (97,935 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (97,987 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northrop Grumman Savings Plan assets move in 2023? ▼
Northrop Grumman Savings Plan grew at a solid clip - up 11.1% during 2023, from $32.6B to $36.2B. Reported net income was $3.6B.
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 Northrop Grumman Savings Plan rank by assets among Form 5500 filers? ▼
Northrop Grumman Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Northrop Grumman Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Costco 401(k) Retirement Plan in WA ($33.4B, 192,744 participants).
Which 401(k) plans cover a similar participant headcount to Northrop Grumman Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is H-E-B Savings & Retirement Plan in TX (97,935 participants, $3.8B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 800640649.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.