L3HARRIS TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.
Additional information about L3HARRIS TECHNOLOGIES, INC.
Submission information for form 5500 for 401k plan L3HARRIS SPACE & NAVIGATION PENSION PLAN FOR HOURLY EMPLOYEES
401k plan membership statisitcs for L3HARRIS SPACE & NAVIGATION PENSION PLAN FOR HOURLY EMPLOYEES
Measure | Date | Value |
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2021: L3HARRIS SPACE & NAVIGATION PENSION PLAN FOR HOURLY EMPLOYEES 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 10,452,745 |
Acturial value of plan assets | 2021-12-31 | 9,457,612 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 5,142,320 |
Number of terminated vested participants | 2021-12-31 | 20 |
Fundng target for terminated vested participants | 2021-12-31 | 1,339,122 |
Active participant vested funding target | 2021-12-31 | 1,472,259 |
Number of active participants | 2021-12-31 | 11 |
Total funding liabilities for active participants | 2021-12-31 | 1,645,672 |
Total participant count | 2021-12-31 | 72 |
Total funding target for all participants | 2021-12-31 | 8,127,114 |
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 | 1,247,382 |
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 | 118,472 |
Amount remaining of prefunding balance | 2021-12-31 | 1,128,910 |
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 | 1,306,036 |
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 |
Liquidity shortfalls end of Q1 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q4 | 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 | 111,632 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 87,170 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 87,170 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 72 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 10 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 38 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 20 |
Total of all active and inactive participants | 2021-01-01 | 68 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 4 |
Total participants | 2021-01-01 | 72 |
2020: L3HARRIS SPACE & NAVIGATION PENSION PLAN FOR HOURLY EMPLOYEES 2020 401k membership |
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Market value of plan assets | 2020-12-31 | 9,576,976 |
Acturial value of plan assets | 2020-12-31 | 9,059,149 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 4,997,699 |
Number of terminated vested participants | 2020-12-31 | 20 |
Fundng target for terminated vested participants | 2020-12-31 | 1,193,928 |
Active participant vested funding target | 2020-12-31 | 1,475,052 |
Number of active participants | 2020-12-31 | 12 |
Total funding liabilities for active participants | 2020-12-31 | 1,630,940 |
Total participant count | 2020-12-31 | 72 |
Total funding target for all participants | 2020-12-31 | 7,822,567 |
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 | 1,214,775 |
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 | 179,603 |
Amount remaining of prefunding balance | 2020-12-31 | 1,035,172 |
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 | 1,247,382 |
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 | 106,636 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 10,800 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 118,472 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 118,472 |
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 | 72 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 11 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 37 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 20 |
Total of all active and inactive participants | 2020-01-01 | 68 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 4 |
Total participants | 2020-01-01 | 72 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
Measure | Date | Value |
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2021 : L3HARRIS SPACE & NAVIGATION PENSION PLAN FOR HOURLY EMPLOYEES 2021 401k financial data |
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Total income from all sources | 2021-12-31 | $1,306,468 |
Expenses. Total of all expenses incurred | 2021-12-31 | $493,683 |
Benefits paid (including direct rollovers) | 2021-12-31 | $493,683 |
Total plan assets at end of year | 2021-12-31 | $11,283,691 |
Total plan assets at beginning of year | 2021-12-31 | $10,470,906 |
Value of fidelity bond covering the plan | 2021-12-31 | $15,000,000 |
Other income received | 2021-12-31 | $1,306,468 |
Net income (gross income less expenses) | 2021-12-31 | $812,785 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $11,283,691 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,470,906 |
2020 : L3HARRIS SPACE & NAVIGATION PENSION PLAN FOR HOURLY EMPLOYEES 2020 401k financial data |
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Total income from all sources | 2020-12-31 | $1,381,486 |
Expenses. Total of all expenses incurred | 2020-12-31 | $487,556 |
Benefits paid (including direct rollovers) | 2020-12-31 | $487,556 |
Total plan assets at end of year | 2020-12-31 | $10,470,906 |
Total plan assets at beginning of year | 2020-12-31 | $9,576,976 |
Value of fidelity bond covering the plan | 2020-12-31 | $15,000,000 |
Other income received | 2020-12-31 | $1,381,486 |
Net income (gross income less expenses) | 2020-12-31 | $893,930 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $10,470,906 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $9,576,976 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |