Defined Benefit (Pension) · DOL Form 5500 · 2022

General Dynamics Corporation Pension Plan

Data updated 2026-08-25

$610M
Total assets Above avg plan size
1,181
Participants Near avg headcount
98th
Percentile by assets National rank
$516,717
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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

$610M in assets, 1,181 participants

General Dynamics Corporation's General Dynamics Retirement Plan (Land Systems) reported $610M in total assets and 1,181 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #19,984 in Manufacturing (20,602 peers)

Where General Dynamics Retirement Plan (Land Systems) sits by assets

General Dynamics Retirement Plan (Land Systems) sits in the top 5% of all filed plans by assets, $610M for 1,181 participants (~$516,717/participant), down 26.6% in 2022.

#19,984
in Manufacturing (20,602 peers)
-26.6%
assets change YoY
6.1×
vs typical plan assets (national mean)

The plan reported a net loss of $222M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$610,242,994 Top 2% higher than 98% 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 (Land Systems)'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 (Land Systems) lands in the large band (1,181 participants).

Plan-year Form 5500 strip

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

General Dynamics Retirement Plan (Land Systems) · $610M · 1,181 · 98th

  • IND $610M
  • IND 1,181
  • IND 98th
  • IND Defined Benefit (Pension)
  • IND near The Legacy Plan of the Unite Here Retirement Fund
  • IND ind #19984

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 (Land Systems) in the asset neighbourhood

U.a. Local 467 Defined Benefit PlanU.a. Local 467 Defined Benef…$611MGeneral Dynamics Retirement Plan (Land Systems)General Dynamics Retirement …$610MThe Legacy Plan of the Unite Here Retirement FundThe Legacy Plan of the Unite…$610MSan Francisco Culinary Bartenders & Service Employees Pension PlanSan Francisco Culinary Barte…$610MTeamsters Negotiated Pension PlanTeamsters Negotiated Pension…$609M
End-of-year total assets ($M) among General Dynamics Retirement Plan (Land Systems) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$832M
Net Assets (End of Year)$610M
Net Income-$222M
Employer EIN131673581
Plan Effective Date2018-01-01
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 (Land Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants General Dynamics Retirement Plan (Land Systems), Total assets ($B): 0.610242994 · Participants: 1181General Dynamics Retirement Plan (Land Systems)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 (Land Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is The Legacy Plan of the Unite Here Retirement Fund in NY ($610M); by covered participants it is Arthur J. Gallagher & Co. Employees' Pension Plan in IL (1,181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,181 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 (Land Systems) assets move in 2022? ▼
General Dynamics Retirement Plan (Land Systems) declined sharply - down 26.6% during 2022, from $832M to $610M. Reported net income was -$222M.
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 (Land Systems) rank by assets among Form 5500 filers? ▼
General Dynamics Retirement Plan (Land Systems) ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to General Dynamics Retirement Plan (Land Systems)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Legacy Plan of the Unite Here Retirement Fund in NY ($610M, 18,942 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Dynamics Retirement Plan (Land Systems)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Arthur J. Gallagher & Co. Employees' Pension Plan in IL (1,181 participants, $213M in assets).