Raytheon Company 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $18.1 billion was transferred out of the plan. Assets moved to the RTX SAVINGS PLAN (sponsored by RTX CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the RTX SAVINGS PLAN →

Raytheon Company 401(k) Plan Facts (plan year 2022)

Plan name
RAYTHEON SAVINGS AND INVESTMENT PLAN
Plan type
401(k) with employer contributions with a company-stock (ESOP) component
Plan sponsor
RAYTHEON COMPANY
Participants
90,333
Former employees with a balance
0
Employer contributions
$428,903,000 in plan year 2022 (34% of all contributions)
Recordkeeper
Alight Solutions Llc
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1984
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Sep 15, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.26 billion went into the plan in contributions, $428.9 million of it from the employer (34%).
  • $1.82 billion was paid out to participants.

How the Raytheon Company 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201781,981$18.6 billion$302.8 million$1.26 billion
201884,158$17.3 billion$326.2 million$1.40 billion
201988,044$20.9 billion$357.4 million$1.53 billion
202091,450$22.8 billion$407.3 million$1.57 billion
202193,301$21.4 billion$416.2 million$6.04 billion
2022 (final)90,333$0$428.9 million$1.82 billion

Raytheon Company 401(k) Contact Information

Phone
781-522-3000
Mailing address
4 FARM SPRINGS ROAD, FARMINGTON CT 06032
Plan sponsor
RAYTHEON COMPANY
Plan administrator
KELLY B. LAPPIN RAYTHEON TECHNOLOGIES CORPORATION
Employer identification number (EIN)
95-1778500
Plan number
026

Questions about the Raytheon Company 401(k)

Is the Raytheon Company 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the RTX SAVINGS PLAN.

Does Raytheon Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $428.9 million, 34% of all contributions.

Does the Raytheon Company 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Raytheon Company 401(k) plan?

90,333 participants at the start of plan year 2022.

Who manages the Raytheon Company 401(k) accounts?

Alight (listed on the filing as ALIGHT SOLUTIONS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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