Defined Benefit (Pension) · DOL Form 5500 · 2022

General Dynamics Corporation Pension Plan

Data updated 2026-08-25

$485M
Total assets Above avg plan size
1,662
Participants Near avg headcount
98th
Percentile by assets National rank
$291,707
Avg per participant High balance/head
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Official DOL plan name: General Dynamics Retirement Plan (Bath Iron Works) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$485M in assets, 1,662 participants

General Dynamics Corporation's General Dynamics Retirement Plan (Bath Iron Works) reported $485M in total assets and 1,662 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.

  • #19,849 in Manufacturing (20,602 peers)

Coverage in Virginia

General Dynamics Retirement Plan (Bath Iron Works) covers 1,662 participants in Virginia, 2.1x the typical Virginia plan (state average ~782 per filing). Assets: $485M.

#19,849
in Manufacturing (20,602 peers)
-25.6%
assets change YoY
4.9×
vs typical plan assets (national mean)

The plan reported a net loss of $165M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

General Dynamics Retirement Plan (Bath Iron Works)'s outsized position by total assets

General Dynamics Retirement Plan (Bath Iron Works) vs every filed plan by assets

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

$484,816,540 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 (Bath Iron Works)'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 (Bath Iron Works) lands in the large band (1,662 participants).

Published 5500 schedule card

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

General Dynamics Retirement Plan (Bath Iron Works) · $485M · 1,662 · 98th

  • VS-ST $485M
  • VS-ST 1,662
  • VS-ST 98th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Retirement Income Plan for Employees of Ugi Utilities, Inc.
  • VS-ST ind #19849

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 (Bath Iron Works) in the asset neighbourhood

IBEW Local 1249 Pension Plan$486MGeneral Dynamics Retirement Plan (Bath Iron Works)General Dynamics Retirement …$485MRetirement Income Plan for Employees of Ugi Utilities, Inc.Retirement Income Plan for E…$484MHuntsman Defined Benefit Pension PlanHuntsman Defined Benefit Pen…$483MEmployees' Retirement Plan of Ametek, Inc.Employees' Retirement Plan o…$483M
End-of-year total assets ($M) among General Dynamics Retirement Plan (Bath Iron Works) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$652M
Net Assets (End of Year)$480M
Net Income-$165M
Employer EIN131673581
Plan Effective Date2019-01-01
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 (Bath Iron Works) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants General Dynamics Retirement Plan (Bath Iron Works), Total assets ($B): 0.48481654 · Participants: 1662General Dynamics Retirement Plan (Bath Iron Works)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 (Bath Iron Works) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare General Dynamics Retirement Plan (Bath Iron Works) side-by-side with 3 peers →

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Retirement Income Plan for Employees of Ugi Utilities, Inc. in PA ($484M); by covered participants it is Western Connecticut Health Network Pension Plan in CT (1,657 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($485M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,662 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 (Bath Iron Works) assets move in 2022? ▼
General Dynamics Retirement Plan (Bath Iron Works) declined sharply - down 25.6% during 2022, from $652M to $485M. Reported net income was -$165M.
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 (Bath Iron Works) rank by assets among Form 5500 filers? ▼
General Dynamics Retirement Plan (Bath Iron Works) 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 (Bath Iron Works)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Income Plan for Employees of Ugi Utilities, Inc. in PA ($484M, 639 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Dynamics Retirement Plan (Bath Iron Works)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Western Connecticut Health Network Pension Plan in CT (1,657 participants, $881M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131673581.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.