Defined Benefit (Pension) · DOL Form 5500 · 2022

Northrop Grumman Corporation Pension Plan

Data updated 2026-08-11

$597M
Total assets
534
Participants
98th
Percentile by assets
$1.1M
Avg per participant
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Official DOL plan name: Ng Es - Space Division Consolidated Pension Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$597M in assets, 534 participants

Northrop Grumman Corporation's Ng Es - Space Division Consolidated Pension Plan reported $597M in total assets and 534 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)
  • #19,968 in Manufacturing (20,602 peers)

Where Ng Es - Space Division Consolidated Pension Plan sits by assets

Ng Es - Space Division Consolidated Pension Plan sits in the top 5% of all filed plans by assets, $597M for 534 participants (~$1.1M/participant), down 20.8% in 2022.

$597M
total plan assets (2022 EOY)
534
covered participants
98th
percentile by assets (of 139,126 plans)
$1.1M
avg assets per participant

The plan reported a net loss of $157M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Ng Es - Space Division Consolidated Pension Plan sits by total assets

Ng Es - Space Division Consolidated Pension Plan vs every filed plan by assets

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

$596,573,561 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Ng Es - Space Division Consolidated Pension Plan vs the 2022 asset distribution

By assets, Ng Es - Space Division Consolidated Pension Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 6.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$753M
Net Assets (End of Year)$596M
Net Income-$157M
Employer EIN800640649
Plan Effective Date2001-10-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

$60B$65B$70B$75B 202220232024 $62.8B $70.6B ▲ +12.4%
Total plan assets by year, all Northrop Grumman Corporation plans on file
Year Plans Participants Total Assets
2022 8 119,474 $62.8B
2023 8 122,852 $67.7B
2024 8 127,891 $70.6B

Nearby Defined Benefit (Pension) Plans in Virginia

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

Ng Es - Space Division Consolidated Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Ng Es - Space Division Consolidated Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Ng Es - Space Divisi…Northrop Grumman Pen…Retirement Security …Ng Space&mission Sys…Dominion Energy Pens…Sheet Metal Workers'…
Ng Es - Space Division Consolidated Pension Plan 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 Ng Es - Space Division Consolidated Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Ng Es - Space Division Consolidated Pension Plan assets move in 2022?
Ng Es - Space Division Consolidated Pension Plan declined sharply - down 20.8% during 2022, from $753M to $597M. Reported net income was -$157M.
How have Northrop Grumman Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Northrop Grumman Corporation's sponsor-wide assets grew 12.4%, from $62.8B to $70.6B.
Where does Ng Es - Space Division Consolidated Pension Plan rank by assets among Form 5500 filers?
Ng Es - Space Division Consolidated Pension Plan 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 Ng Es - Space Division Consolidated Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mccormick Pension Plan in MD ($598M, 1,228 participants).

Next read for Ng Es - Space Division Consolidated Pens…

Scale reading

Ways to act on Ng Es - Space Division Consolidated Pension Plan's numbers.

  • By total assets, Ng Es - Space Division Consolidated Pension Plan 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
  • Northrop Grumman Corporation's sponsor-wide assets have grown 12.4% since 2022 across 3 plan years on file. More Manufacturing plans