401(k) · DOL Form 5500 · 2022
Lockheed Martin Corporation 401(k) Plan
Data updated 2026-08-25
- $43.6B
- Total assets Mega-plan scale
- 87,666
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $497,624
- Avg per participant High balance/head
Official DOL plan name: Lockheed Martin Corporation Salaried Savings Plan · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$43.6B in assets, 87,666 participants
Lockheed Martin Corporation's Lockheed Martin Corporation Salaried Savings Plan reported $43.6B in total assets and 87,666 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- #20,599 in Manufacturing (20,602 peers)
Coverage in Maryland
Lockheed Martin Corporation Salaried Savings Plan covers 87,666 participants in Maryland, 94x the typical Maryland plan (state average ~929 per filing). Assets: $43.6B.
- #20,599
- in Manufacturing (20,602 peers)
- -7.4%
- assets change YoY
- 438×
- vs typical plan assets (national mean)
The plan reported a net loss of $3.5B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Lockheed Martin Corporation Salaried Savings Plan's outsized position by total assets
Lockheed Martin Corporation Salaried Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$43,624,690,273 Highest reported value at or above every one 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 Salaried Savings Plan's mega-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 Salaried Savings Plan is a mega filing (87,666 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 521893632 · Lockheed Martin Corporation PY 2022 · 401(k)
Lockheed Martin Corporation Salaried Savings Plan · $43.6B · 87,666 · 100th
- PCT $43.6B
- PCT 87,666
- PCT 100th
- PCT 401(k)
- PCT near Wells Fargo & Company 401(k) Plan
- PCT ind #20599
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 Salaried Savings Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $47.1B |
|---|---|
| Net Assets (End of Year) | $43.6B |
| Net Income | -$3.5B |
| Employer EIN | 521893632 |
| Plan Effective Date | 1965-12-27 |
| 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.
- 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
- Lockheed Martin Corporation Hourly Employee Savings Plan Plus $1.7B · 15,941
Scale composition for Lockheed Martin Corporation Salaried Savings Plan
Lockheed Martin Corporation Salaried Savings Plan reports $43.6B in end-of-year assets across 87,666 participants (0.35% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.093% of 93,925,755 covered participants) - about $497,624 per participant (3.6x the national average assets-per-participant) . Net income for plan year 2022 was -$3.5B.
This plan identity (EIN 521893632, plan #017) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $43.6B to $51.4B (+17.9%) while covered participants moved from 87,666 to 96,812 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 87,666 | $43.6B | This page |
| 2023 | 91,511 | $47.3B | Open filing |
| 2024 · index core | 96,812 | $51.4B | 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 Salaried Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Wells Fargo & Company 401(k) Plan in CA ($45.8B); by covered participants it is Chipotle Mexican Grill, Inc. 401(k) Plan in CA (87,362 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($43.6B here).
- Wells Fargo & Company 401(k) Plan (CA) $45.8B · 205,865
- The Bank of America 401(k) Plan (NC) $47.1B · 169,036
- Microsoft Corporation Savings Plus 401(k) Plan (WA) $39.6B · 109,797
- United Technologies Corporation Employee Savings Plan (CT) $48.9B · 55,762
Similar participant headcount
Nearest other-state filings by covered participants (87,666 participants); asset peers above are excluded.
- Chipotle Mexican Grill, Inc. 401(k) Plan (CA) 87,362 · 304 off
- Commonspirit Health 401(k) Retirement Savings Plan (KY) 85,671 · 1,995 off
- Whole Foods Market Growing Your Future 401(k) Plan (TX) 89,691 · 2,025 off
- American Airlines, Inc. 401(k) Plan (TX) 85,577 · 2,089 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.