401(k) · DOL Form 5500 · 2024

Northrop Grumman Corporation 401(k) Plan

Data updated 2026-08-25

$39.5B
Total assets Mega-plan scale
104,719
Participants Very large workforce
100th
Percentile by assets National rank
$376,950
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

$39.5B in assets, 104,719 participants

Northrop Grumman Corporation's Northrop Grumman Savings Plan reported $39.5B in total assets and 104,719 participants in its 2024 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.

  • #17,772 in Manufacturing (17,777 peers)

Coverage in Virginia

Northrop Grumman Savings Plan covers 104,719 participants in Virginia, 134x the typical Virginia plan (state average ~782 per filing). Assets: $39.5B.

#17,772
in Manufacturing (17,777 peers)
+9.1%
assets growth YoY
396×
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 2024 · DOL Form 5500

$39,473,777,135 Highest reported value at or above every one of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northrop Grumman Savings Plan is a mega filing (104,719 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northrop Grumman Savings Plan end-of-year assets rose from $36.2B in the plan year 2023 filing to $39.5B in the plan year 2024 filing.
  • Northrop Grumman Savings Plan reported net income fell from $3.6B in the plan year 2023 filing to $3.3B in the plan year 2024 filing.
  • Northrop Grumman Savings Plan reported participants rose from 97,987 in the plan year 2023 filing to 104,719 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 800640649 · Northrop Grumman Corporation PY 2024 · 401(k)

Northrop Grumman Savings Plan · $39.5B · 104,719 · 100th

  • EOY $39.5B
  • 5500 104,719
  • ASSETS 100th
  • PCT 401(k)
  • EIN near Costco 401(k) Retirement Plan
  • RANK ind #17772

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

AT&T Retirement Savings Plan$43.1BCostco 401(k) Retirement Plan$41.0BNorthrop Grumman Savings Plan$39.5BAmazon 401(k) Plan$34.6BFidelity Retirement Savings PlanFidelity Retirement Savings …$34.2B
End-of-year total assets ($B) among Northrop Grumman Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$36.2B
Net Assets (End of Year)$39.5B
Net Income$3.3B
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 01020304050 Total assets ($B) Participants Northrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 10.62415657 · Participants: 32246Bae Systems Employees' Savings and Investment Plan
Northrop Grumman Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Scale composition for Northrop Grumman Savings Plan

Northrop Grumman Savings Plan reports $39.5B in end-of-year assets across 104,719 participants (0.32% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.11% of 93,925,755 covered participants) - about $376,950 per participant (2.7x the national average assets-per-participant) . Net income for plan year 2024 was $3.3B.

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 Open filing
2024 · index core 104,719 $39.5B This page

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 ($41.0B); by covered participants it is H-E-B Savings & Retirement Plan in TX (104,613 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (104,719 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Northrop Grumman Savings Plan grew at a solid clip - up 9.1% during 2024, from $36.2B to $39.5B. Reported net income was $3.3B.
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 123,622 plans that reported assets for plan year 2024 (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 ($41.0B, 202,468 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 (104,613 participants, $4.3B in assets).