401(k) · DOL Form 5500 · 2024

Northrop Grumman Corporation 401(k) Plan

Data updated 2026-08-11

$488M
Total assets
836
Participants
97th
Percentile by assets
$583,339
Avg per participant
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Official DOL plan name: Ng Financial Security and Savings Program · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$488M in assets, 836 participants

Northrop Grumman Corporation's Ng Financial Security and Savings Program reported $488M in total assets and 836 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #16,974 in Manufacturing (17,777 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, $488M for 836 participants (~$583,339/participant), down 0.3% in 2024.

$488M
total plan assets (2024 EOY)
836
covered participants
97th
percentile by assets (of 123,622 plans)
$583,339
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ng Financial Security and Savings Program reported net income fell from $16M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Ng Financial Security and Savings Program reported participants fell from 916 in the plan year 2023 filing to 836 in the plan year 2024 filing.
  • Ng Financial Security and Savings Program end-of-year assets fell from $489M in the plan year 2023 filing to $488M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Ng Financial Security and Savings Program vs the 2024 asset distribution

By assets, Ng Financial Security and Savings Program outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$489M
Net Assets (End of Year)$488M
Net Income$3M
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. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Ng Financial Securit…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Capital One Financia…Leidos, Inc. Retirem…
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 2024?
Ng Financial Security and Savings Program held essentially flat - down 0.3% during 2024, from $489M to $488M. Reported net income was $3M.
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 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 The Cooper Companies, Inc. 401(k) Savings Plan in CA ($488M, 3,977 participants).

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