Plan Ledger DOL Form 5500 · updated monthly

Rtx Corporation401(k) + ESOP (KSOP)

UNITED TECHNOLOGIES CORPORATION EMPLOYEE SAVINGS PLAN · FARMINGTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Rtx Corporation reported $9,889,000 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,775 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 1st-largest of 1,106 plans among Connecticut employers on file, and the 2nd of 13,661 in manufacturing. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 59,521 to 123,327 since 2022.

Plan summary
Net assets, end of year$58,636,888,000
Participants with balances211,992
Active participants123,327
Employer contributions$1,082,185,000
Employee contributions$1,725,789,000
Employer contribution per active participant$8,775
Average account balance$276,600
Benefits paid to participants$4,974,262,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.6B · 211,992 accts · $1.1B emplr
2023$52.7B · 214,611 accts · $986.8M emplr
2022$48.9B · 115,033 accts · $339.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,376,000
Investment management$446,000
Total administrative$9,889,000
The Rtx Corporation 401(k) match · 2024
Employer contribution per active participant$8,775
Median for plans this size$5,259
2024$8,775 per active participant
2023$7,944 per active participant
2022$5,697 per active participant

Rtx Corporation's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ALIGHT SOLUTIONS LLC · Recordkeeping$9,376,000
STATE STREET BANK AND TRUST CO · Investment management$446,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alight
2023Alight

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,889,000 · 0.02%
2023$8,040,000 · 0.02%
2022$3,116,000 · 0.01%
All plans at this employer2
UNITED TECHNOLOGIES CORPORATION EMPLOYEE SAVINGS PLAN401(k) + ESOP (KSOP)
UNITED TECHNOLOGIES CORPORATION REPRESENTED EMPLOYEE SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Connecticut
Lockheed Martin Corporation MD$51.4B · 0.01%
Cisco Systems,Inc. CA$26.4B · 0.03%
Intel Corporation CA$24.8B · 0.00%
Xerox Corporation CT$4.0B · 0.08%
Linde Inc. CT$2.9B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060570975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.