401(k) · DOL Form 5500 · 2022
Lockheed Martin Corporation 401(k) Plan
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 7,575
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $218,951
- Avg per participant Above avg balance/head
Official DOL plan name: Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$1.7B in assets, 7,575 participants
Lockheed Martin Corporation's Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees reported $1.7B in total assets and 7,575 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #20,336 in Manufacturing (20,602 peers)
Coverage in Maryland
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees covers 7,575 participants in Maryland, 8.2x the typical Maryland plan (state average ~929 per filing). Assets: $1.7B.
- #20,336
- in Manufacturing (20,602 peers)
- -9.1%
- assets change YoY
- 17×
- vs typical plan assets (national mean)
The plan reported a net loss of $166M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees's outsized position by total assets
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,658,550,514 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees lands in the large band (7,575 participants).
EBSA filing schedule strip
Filing strip 521893632 · Lockheed Martin Corporation PY 2022 · 401(k)
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees · $1.7B · 7,575 · 99th
- EOY $1.7B
- EOY 7,575
- EOY 99th
- EOY 401(k)
- EOY near Steward Health Care 401(k) Retirement Savings Plan
- EOY ind #20336
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Maryland →
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $1.8B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | -$166M |
| Employer EIN | 521893632 |
| Plan Effective Date | 1978-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lockheed Martin Corporation)
Sponsor-wide plan assets over time
All Lockheed Martin Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $79.7B 10.755104430097978% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 13 | 161,436 | $72.0B |
| 2023 | 13 | 169,542 | $77.9B |
| 2024 | 12 | 172,051 | $79.7B |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Lockheed Martin Corporation Salaried Savings Plan $43.6B · 87,666
- Marriott Retirement Savings Plan $8.3B · 82,576
- T. Rowe Price U.S. Retirement Program $3.7B · 6,107
- Nfl Player Second Career Savings Plan $3.3B · 2,819
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $1.9B · 74,729
Scale composition for Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees reports $1.7B in end-of-year assets across 7,575 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $218,951 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2022 was -$166M.
This plan identity (EIN 521893632, plan #055) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $3.0B (+80.1%) while covered participants moved from 7,575 to 18,370 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,575 | $1.7B | This page |
| 2023 | 12,688 | $2.2B | Open filing |
| 2024 · index core | 18,370 | $3.0B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Lockheed Martin Corporation Salaried Savings Plan (401(k), $51.4B, 96,812 participants)
- Lockheed Martin Corporation Salaried Employee Retirement Program (Defined Benefit (Pension), $18.3B, 18,014 participants)
- Retirement Plan for Certain Represented Employees (Defined Benefit (Pension), $3.2B, 6,769 participants)
- Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees (401(k), $3.0B, 18,370 participants)
Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Steward Health Care 401(k) Retirement Savings Plan in TX ($1.7B); by covered participants it is Employer Flexible 401(k) Plan in TX (7,573 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- Steward Health Care 401(k) Retirement Savings Plan (TX) $1.7B · 36,140
- Xpo Logistics Retirement Savings Plan (OR) $1.7B · 6,855
- Tenneco 401(k) Investment Plan (MI) $1.7B · 6,681
- Cgi Technologies and Solutions, Inc. 401(k) Savings Plan (VA) $1.7B · 13,391
Similar participant headcount
Nearest other-state filings by covered participants (7,575 participants); asset peers above are excluded.
- Employer Flexible 401(k) Plan (TX) 7,573 · 2 off
- Qurate Retail Group 401(k) Retirement Savings Plan for Qvc and Hsn (PA) 7,566 · 9 off
- Myeyedr. 401(k) Plan (VA) 7,585 · 10 off
- Alphastaff Retirement Savings Plan (FL) 7,585 · 10 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.