Defined Benefit (Pension) · DOL Form 5500 · 2022

General Dynamics Corporation Pension Plan

Data updated 2026-08-11

$610M
Total assets
1,181
Participants
98th
Percentile by assets
$516,717
Avg per participant
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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.

  • 98th percentile by assets (of 139,126 plans)
  • #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.

$610M
total plan assets (2022 EOY)
1,181
covered participants
98th
percentile by assets (of 139,126 plans)
$516,717
avg assets per participant

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.

State
Industry

General Dynamics Retirement Plan (Land Systems) vs the 2022 asset distribution

By assets, General Dynamics Retirement Plan (Land Systems) outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 6.1x the national average plan size of $100M (721 average participants).

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)

$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Total plan assets by year, all General Dynamics Corporation plans on file
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

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 Ret…Northrop Grumman Pen…Retirement Security …Ng Space&mission Sys…Dominion Energy Pens…Sheet Metal Workers'…
General Dynamics Retirement Plan (Land Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to General Dynamics Retirement Plan (Land Systems) by total assets, not by location.

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).

Next read for General Dynamics Retirement Plan (Land S…

Scale reading

Ways to act on General Dynamics Retirement Plan (Land Systems)'s numbers.

  • By total assets, General Dynamics Retirement Plan (Land Systems) ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
  • General Dynamics Corporation's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans