Defined Benefit (Pension) · DOL Form 5500 · 2022

General Dynamics Corporation Pension Plan

Data updated 2026-08-25

$2.6B
Total assets Very large vs avg
5,557
Participants Above avg headcount
100th
Percentile by assets National rank
$466,042
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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

$2.6B in assets, 5,557 participants

General Dynamics Corporation's General Dynamics Retirement Plan (Electric Boat) reported $2.6B in total assets and 5,557 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.

  • #20,430 in Manufacturing (20,602 peers)

Coverage in Virginia

General Dynamics Retirement Plan (Electric Boat) covers 5,557 participants in Virginia, 7.1x the typical Virginia plan (state average ~782 per filing). Assets: $2.6B.

#20,430
in Manufacturing (20,602 peers)
-25.8%
assets change YoY
26×
vs typical plan assets (national mean)

The plan reported a net loss of $901M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$2,589,792,872 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 (Electric Boat)'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 (Electric Boat) lands in the large band (5,557 participants).

Form 5500 schedule snapshot

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

General Dynamics Retirement Plan (Electric Boat) · $2.6B · 5,557 · 100th

  • BOOK $2.6B
  • VS-ST 5,557
  • BOY 100th
  • SCH Defined Benefit (Pension)
  • EBSA near Time Warner Cable Pension Plan
  • PART ind #20430

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 (Electric Boat) in the asset neighbourhood

Sound Retirement Trust$2.6BGeneral Dynamics Retirement Plan (Electric Boat)General Dynamics Retirement …$2.6BTime Warner Cable Pension PlanTime Warner Cable Pension Pl…$2.6BCaterpillar Inc. Non-Contributory Pension PlanCaterpillar Inc. Non-Contrib…$2.6BFarmers Group, Inc. Employees' Pension PlanFarmers Group, Inc. Employee…$2.6B
End-of-year total assets ($B) among General Dynamics Retirement Plan (Electric Boat) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$3.5B
Net Assets (End of Year)$2.6B
Net Income-$901M
Employer EIN131673581
Plan Effective Date2017-01-01
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 (Electric Boat) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants General Dynamics Retirement Plan (Electric Boat), Total assets ($B): 2.589792872 · Participants: 5557General Dynamics Retirement Plan (Electric Boat)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 (Electric Boat) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Scale composition for General Dynamics Retirement Plan (Electric Boat)

General Dynamics Retirement Plan (Electric Boat) reports $2.6B in end-of-year assets across 5,557 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $466,042 per participant (3.4x the national average assets-per-participant) . Net income for plan year 2022 was -$901M.

This plan identity (EIN 131673581, plan #070) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.6B to $4.1B (+57.7%) while covered participants moved from 5,557 to 7,035 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,557 $2.6B This page
2023 5,069 $4.5B Open filing
2024 · index core 7,035 $4.1B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Time Warner Cable Pension Plan in NC ($2.6B); by covered participants it is Burlington Northern Santa Fe Retirement Plan in TX (5,557 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,557 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 (Electric Boat) assets move in 2022?
General Dynamics Retirement Plan (Electric Boat) declined sharply - down 25.8% during 2022, from $3.5B to $2.6B. Reported net income was -$901M.
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 (Electric Boat) rank by assets among Form 5500 filers?
General Dynamics Retirement Plan (Electric Boat) 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 (Electric Boat)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Time Warner Cable Pension Plan in NC ($2.6B, 18,624 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Dynamics Retirement Plan (Electric Boat)?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Burlington Northern Santa Fe Retirement Plan in TX (5,557 participants, $2.3B in assets).