401k Plan data: MARINE & POWER SYSTEMS PENSION PLAN plan

MARINE & POWER SYSTEMS PENSION PLAN 401k Plan overview

Plan Name	MARINE & POWER SYSTEMS PENSION PLAN
Plan identification number	034

MARINE & POWER SYSTEMS PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

L3HARRIS TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: L3HARRIS TECHNOLOGIES, INC.

Employer identification number (EIN): 340276860

NAIC Classification: 333200

Additional information about L3HARRIS TECHNOLOGIES, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 0209229

More information about L3HARRIS TECHNOLOGIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARINE & POWER SYSTEMS PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
034 2022-01-01 ANDREA HARTMAN 2023-10-09 ANDREA HARTMAN 2023-10-09
034 2021-01-01 ANDREA HARTMAN 2022-10-07 ANDREA HARTMAN 2022-10-07
034 2020-01-01 ANDREA HARTMAN 2021-10-06 ANDREA HARTMAN 2021-10-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
034	2022-01-01	ANDREA HARTMAN	2023-10-09	ANDREA HARTMAN	2023-10-09
034	2021-01-01	ANDREA HARTMAN	2022-10-07	ANDREA HARTMAN	2022-10-07
034	2020-01-01	ANDREA HARTMAN	2021-10-06	ANDREA HARTMAN	2021-10-06

Plan Statistics for MARINE & POWER SYSTEMS PENSION PLAN

401k plan membership statisitcs for MARINE & POWER SYSTEMS PENSION PLAN

Measure Date Value
2022: MARINE & POWER SYSTEMS PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 154,785,654
Acturial value of plan assets 2022-12-31 142,876,454
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 73,589,210
Number of terminated vested participants 2022-12-31 185
Fundng target for terminated vested participants 2022-12-31 10,735,234
Active participant vested funding target 2022-12-31 21,352,771
Number of active participants 2022-12-31 174
Total funding liabilities for active participants 2022-12-31 21,586,244
Total participant count 2022-12-31 1,310
Total funding target for all participants 2022-12-31 105,910,688
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 14,481,258
Amount remaining of prefunding balance 2022-12-31 14,481,258
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 16,482,568
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 476,984
Unpaid minimum required contributions for current year 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 1,310
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 151
Number of retired or separated participants receiving benefits 2022-01-01 563
Number of other retired or separated participants entitled to future benefits 2022-01-01 171
Total of all active and inactive participants 2022-01-01 885
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 161
Total participants 2022-01-01 1,046
2021: MARINE & POWER SYSTEMS PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 143,707,724
Acturial value of plan assets 2021-12-31 129,737,588
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 75,503,571
Number of terminated vested participants 2021-12-31 200
Fundng target for terminated vested participants 2021-12-31 12,912,834
Active participant vested funding target 2021-12-31 24,340,797
Number of active participants 2021-12-31 202
Total funding liabilities for active participants 2021-12-31 24,598,169
Total participant count 2021-12-31 1,353
Total funding target for all participants 2021-12-31 113,014,574
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 12,521,624
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 12,521,624
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 14,481,258
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 487,433
Unpaid minimum required contributions for current year 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 1,353
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 174
Number of retired or separated participants receiving benefits 2021-01-01 714
Number of other retired or separated participants entitled to future benefits 2021-01-01 175
Total of all active and inactive participants 2021-01-01 1,063
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 247
Total participants 2021-01-01 1,310
2020: MARINE & POWER SYSTEMS PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 131,845,006
Acturial value of plan assets 2020-12-31 124,439,007
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 72,996,884
Number of terminated vested participants 2020-12-31 207
Fundng target for terminated vested participants 2020-12-31 12,866,801
Active participant vested funding target 2020-12-31 25,060,178
Number of active participants 2020-12-31 225
Total funding liabilities for active participants 2020-12-31 25,330,014
Total participant count 2020-12-31 1,400
Total funding target for all participants 2020-12-31 111,193,699
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 12,568,697
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 2,250,945
Amount remaining of prefunding balance 2020-12-31 10,317,752
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 12,521,624
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 494,095
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Total participants, beginning-of-year 2020-01-01 1,400
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 202
Number of retired or separated participants receiving benefits 2020-01-01 716
Number of other retired or separated participants entitled to future benefits 2020-01-01 188
Total of all active and inactive participants 2020-01-01 1,106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 247
Total participants 2020-01-01 1,353
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0

Measure	Date	Value
2022: MARINE & POWER SYSTEMS PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	154,785,654
Acturial value of plan assets	2022-12-31	142,876,454
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	73,589,210
Number of terminated vested participants	2022-12-31	185
Fundng target for terminated vested participants	2022-12-31	10,735,234
Active participant vested funding target	2022-12-31	21,352,771
Number of active participants	2022-12-31	174
Total funding liabilities for active participants	2022-12-31	21,586,244
Total participant count	2022-12-31	1,310
Total funding target for all participants	2022-12-31	105,910,688
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	14,481,258
Amount remaining of prefunding balance	2022-12-31	14,481,258
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	16,482,568
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	476,984
Unpaid minimum required contributions for current year	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	1,310
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	151
Number of retired or separated participants receiving benefits	2022-01-01	563
Number of other retired or separated participants entitled to future benefits	2022-01-01	171
Total of all active and inactive participants	2022-01-01	885
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	161
Total participants	2022-01-01	1,046
2021: MARINE & POWER SYSTEMS PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	143,707,724
Acturial value of plan assets	2021-12-31	129,737,588
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	75,503,571
Number of terminated vested participants	2021-12-31	200
Fundng target for terminated vested participants	2021-12-31	12,912,834
Active participant vested funding target	2021-12-31	24,340,797
Number of active participants	2021-12-31	202
Total funding liabilities for active participants	2021-12-31	24,598,169
Total participant count	2021-12-31	1,353
Total funding target for all participants	2021-12-31	113,014,574
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	12,521,624
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	12,521,624
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	14,481,258
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	487,433
Unpaid minimum required contributions for current year	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	1,353
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	174
Number of retired or separated participants receiving benefits	2021-01-01	714
Number of other retired or separated participants entitled to future benefits	2021-01-01	175
Total of all active and inactive participants	2021-01-01	1,063
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	247
Total participants	2021-01-01	1,310
2020: MARINE & POWER SYSTEMS PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	131,845,006
Acturial value of plan assets	2020-12-31	124,439,007
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	72,996,884
Number of terminated vested participants	2020-12-31	207
Fundng target for terminated vested participants	2020-12-31	12,866,801
Active participant vested funding target	2020-12-31	25,060,178
Number of active participants	2020-12-31	225
Total funding liabilities for active participants	2020-12-31	25,330,014
Total participant count	2020-12-31	1,400
Total funding target for all participants	2020-12-31	111,193,699
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	12,568,697
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	2,250,945
Amount remaining of prefunding balance	2020-12-31	10,317,752
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	12,521,624
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	494,095
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Total participants, beginning-of-year	2020-01-01	1,400
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	202
Number of retired or separated participants receiving benefits	2020-01-01	716
Number of other retired or separated participants entitled to future benefits	2020-01-01	188
Total of all active and inactive participants	2020-01-01	1,106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	247
Total participants	2020-01-01	1,353
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0

Financial Data on MARINE & POWER SYSTEMS PENSION PLAN

Measure	Date	Value
2022 : MARINE & POWER SYSTEMS PENSION PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$95,953
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$58,373
Total income from all sources (including contributions)	2022-12-31	$-25,053,329
Total of all expenses incurred	2022-12-31	$10,241,911
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$10,241,911
Value of total assets at end of year	2022-12-31	$119,384,047
Value of total assets at beginning of year	2022-12-31	$154,641,707
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Liabilities. Value of operating payables at end of year	2022-12-31	$95,953
Liabilities. Value of operating payables at beginning of year	2022-12-31	$58,373
Total non interest bearing cash at end of year	2022-12-31	$645,285
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-35,295,240
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$119,288,094
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$154,583,334
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in master investment trust accounts at end of year	2022-12-31	$118,738,762
Value of interest in master investment trust accounts at beginning of year	2022-12-31	$154,641,707
Expenses. Payments to insurance carriers foe the provision of benefits	2022-12-31	$2,231,641
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$8,010,270
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	No
Did the plan have assets held for investment	2022-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN	2022-12-31	131578842
2021 : MARINE & POWER SYSTEMS PENSION PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$58,373
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$48,708
Total income from all sources (including contributions)	2021-12-31	$18,473,927
Total of all expenses incurred	2021-12-31	$7,799,282
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$7,799,282
Value of total assets at end of year	2021-12-31	$154,641,707
Value of total assets at beginning of year	2021-12-31	$143,957,397
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Liabilities. Value of operating payables at end of year	2021-12-31	$58,373
Liabilities. Value of operating payables at beginning of year	2021-12-31	$48,708
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$10,674,645
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$154,583,334
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$143,908,689
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in master investment trust accounts at end of year	2021-12-31	$154,641,707
Value of interest in master investment trust accounts at beginning of year	2021-12-31	$143,957,397
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$7,799,282
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
Did the plan have assets held for investment	2021-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN	2021-12-31	131578842
2020 : MARINE & POWER SYSTEMS PENSION PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$48,708
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$45,243
Total income from all sources (including contributions)	2020-12-31	$19,775,993
Total of all expenses incurred	2020-12-31	$7,667,067
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$7,667,067
Value of total assets at end of year	2020-12-31	$143,957,397
Value of total assets at beginning of year	2020-12-31	$131,845,006
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Liabilities. Value of operating payables at end of year	2020-12-31	$48,708
Liabilities. Value of operating payables at beginning of year	2020-12-31	$45,243
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$12,108,926
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$143,908,689
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$131,799,763
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in master investment trust accounts at end of year	2020-12-31	$143,957,397
Value of interest in master investment trust accounts at beginning of year	2020-12-31	$131,845,006
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$7,667,067
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	No
Did the plan have assets held for investment	2020-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN	2020-12-31	131578842

Form 5500 Responses for MARINE & POWER SYSTEMS PENSION PLAN

2022: MARINE & POWER SYSTEMS PENSION PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan is a collectively bargained plan	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MARINE & POWER SYSTEMS PENSION PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan is a collectively bargained plan	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: MARINE & POWER SYSTEMS PENSION PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan is a collectively bargained plan	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	L3HARRIS TECHNOLOGIES, INC.
Employer identification number (EIN):	340276860
NAIC Classification:	333200

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	0209229