Defined Benefit (Pension) · DOL Form 5500 · 2022

General Dynamics Corporation Pension Plan

Data updated 2026-08-25

$2.9B
Total assets Very large vs avg
3,517
Participants Above avg headcount
100th
Percentile by assets National rank
$832,449
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: General Dynamics Retirement Plan (Government) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$2.9B in assets, 3,517 participants

General Dynamics Corporation's General Dynamics Retirement Plan (Government) reported $2.9B in total assets and 3,517 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.

  • #20,444 in Manufacturing (20,602 peers)

Coverage in Virginia

General Dynamics Retirement Plan (Government) covers 3,517 participants in Virginia, 4.5x the typical Virginia plan (state average ~782 per filing). Assets: $2.9B.

#20,444
in Manufacturing (20,602 peers)
-25.7%
assets change YoY
29×
vs typical plan assets (national mean)

The plan reported a net loss of $1.0B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

General Dynamics Retirement Plan (Government)'s outsized position by total assets

General Dynamics Retirement Plan (Government) vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,927,723,926 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

General Dynamics Retirement Plan (Government)'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. General Dynamics Retirement Plan (Government) lands in the large band (3,517 participants).

Plan-year Form 5500 strip

Filing strip 131673581 · General Dynamics Corporation PY 2022 · Defined Benefit (Pension)

General Dynamics Retirement Plan (Government) · $2.9B · 3,517 · 100th

  • RANK $2.9B
  • PHOTO 3,517
  • IND 100th
  • EOY Defined Benefit (Pension)
  • 5500 near U.S. Bank Legacy Pension Plan
  • ASSETS ind #20444

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 Virginia →

General Dynamics Retirement Plan (Government) in the asset neighbourhood

Verizon Management Pension PlanVerizon Management Pension P…$2.9BM&t Bank Corporation Pension PlanM&t Bank Corporation Pension…$2.9BGeneral Dynamics Retirement Plan (Government)General Dynamics Retirement …$2.9BU.S. Bank Legacy Pension Plan$2.9BCigna Pension Plan$2.9B
End-of-year total assets ($B) among General Dynamics Retirement Plan (Government) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$3.9B
Net Assets (End of Year)$2.9B
Net Income-$1.0B
Employer EIN131673581
Plan Effective Date1956-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Corporation)

Sponsor-wide plan assets over time

All General Dynamics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$33.4B 11.992919867650146% vs 2022
2024 filing year
$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Year Plans Participants Total Assets
2022 16 107,750 $29.9B
2023 14 115,717 $32.7B
2024 11 111,719 $33.4B

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

General Dynamics Retirement Plan (Government) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants General Dynamics Retirement Plan (Government), Total assets ($B): 2.927723926 · Participants: 3517General Dynamics Retirement Plan (Government)Northrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension Fund
General Dynamics Retirement Plan (Government) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

General Dynamics Retirement Plan (Government)'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is U.S. Bank Legacy Pension Plan in MN ($2.9B); by covered participants it is Liuna Staff and Affiliates Pension Fund in DC (3,510 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,517 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did General Dynamics Retirement Plan (Government) assets move in 2022? ▼
General Dynamics Retirement Plan (Government) declined sharply - down 25.7% during 2022, from $3.9B to $2.9B. Reported net income was -$1.0B.
How have General Dynamics Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does General Dynamics Retirement Plan (Government) rank by assets among Form 5500 filers? ▼
General Dynamics Retirement Plan (Government) ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to General Dynamics Retirement Plan (Government)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.S. Bank Legacy Pension Plan in MN ($2.9B, 1,398 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Dynamics Retirement Plan (Government)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Liuna Staff and Affiliates Pension Fund in DC (3,510 participants, $1.7B in assets).