Defined Benefit (Pension) · DOL Form 5500 · 2022

L3harris Technologies, Inc. Pension Plan

Data updated 2026-08-25

$119M
Total assets Near avg plan size
174
Participants Small participant base
94th
Percentile by assets National rank
$686,115
Avg per participant High balance/head
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Official DOL plan name: Marine & Power Systems Pension Plan · Sponsored by L3harris Technologies, Inc. · Florida · Manufacturing

$119M in assets, 174 participants

L3harris Technologies, Inc.'s Marine & Power Systems Pension Plan reported $119M in total assets and 174 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #18,582 in Manufacturing (20,602 peers)

Coverage in Florida

Marine & Power Systems Pension Plan covers 174 participants in Florida, about 28% of the average Florida filer (state average ~628 per filing). Assets: $119M.

#18,582
in Manufacturing (20,602 peers)
-22.8%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Marine & Power Systems Pension Plan's outsized position by total assets

Marine & Power Systems Pension Plan vs every filed plan by assets

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

$119,384,047 Top 6% higher than 94% 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

Marine & Power Systems Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Marine & Power Systems Pension Plan sits mid-pack in the medium band (174 participants).

DOL schedule card

Filing strip 340276860 · L3harris Technologies, Inc. PY 2022 · Defined Benefit (Pension)

Marine & Power Systems Pension Plan · $119M · 174 · 94th

  • PHOTO $119M
  • PHOTO 174
  • PHOTO 94th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near The Sherwin-Williams Company Employees' Pension Plan
  • PHOTO ind #18582

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 Florida →

Marine & Power Systems Pension Plan in the asset neighbourhood

Pension Plan of Debevoise & Plimpton LLPPension Plan of Debevoise & …$120MMarine & Power Systems Pension PlanMarine & Power Systems Pensi…$119MThe Sherwin-Williams Company Employees' Pension PlanThe Sherwin-Williams Company…$119MZiply Fiber Pension Plan$119MSouth Florida Electrical Workers Pension PlanSouth Florida Electrical Wor…$119M
End-of-year total assets ($M) among Marine & Power Systems Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$155M
Net Assets (End of Year)$119M
Net Income-$35M
Employer EIN340276860
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (L3harris Technologies, Inc.)

Sponsor-wide plan assets over time

All L3harris Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24.4B 21.837182243928332% vs 2022
2024 filing year
$18B$20B$22B$24B$26B 202220232024 $20B $24.4B ▲ +21.9%
Year Plans Participants Total Assets
2022 13 47,737 $20.0B
2023 12 46,594 $23.7B
2024 12 46,466 $24.4B

Nearby Defined Benefit (Pension) Plans in Florida

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

Marine & Power Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -202468 Total assets ($B) Participants Marine & Power Systems Pension Plan, Total assets ($B): 0.119384047 · Participants: 174Marine & Power Systems Pension PlanL3harris Aviation Products Pension Plan, Total assets ($B): 6.623750939 · Participants: 10L3harris Aviation Products Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 4.827563863 · Participants: 13210Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.20978 · Participants: 2728Csx Pension PlanRetirement Benefit Accumulation Plan for Employees of Pwc LLP, Total assets ($B): 1.852268551 · Participants: 5861Retirement Benefit Accumulation Plan for Employees of Pwc LLPPricewaterhousecoopers LLP Retirement Accumulation Plan for Partners, Total assets ($B): 1.789426694 · Participants: 3819Pricewaterhousecoopers LLP Retirement Accumulation Plan for Partners
Marine & Power Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

Marine & Power Systems Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is The Sherwin-Williams Company Employees' Pension Plan in OH ($119M); by covered participants it is Retirement Plan for Bargaining Employees at Iaap in PA (174 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($119M here).

Similar participant headcount

Nearest other-state filings by covered participants (174 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 Marine & Power Systems Pension Plan assets move in 2022?
Marine & Power Systems Pension Plan declined sharply - down 22.8% during 2022, from $155M to $119M. Reported net income was -$35M.
How have L3harris Technologies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), L3harris Technologies, Inc.'s sponsor-wide assets grew 21.8%, from $20.0B to $24.4B.
Where does Marine & Power Systems Pension Plan rank by assets among Form 5500 filers?
Marine & Power Systems Pension Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Marine & Power Systems Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Sherwin-Williams Company Employees' Pension Plan in OH ($119M, 981 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Marine & Power Systems Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Bargaining Employees at Iaap in PA (174 participants, $48M in assets).