Defined Benefit (Pension) · DOL Form 5500 · 2022
Northrop Grumman Corporation Pension Plan
Data updated 2026-08-11
- $2.0B
- Total assets
- 1,859
- Participants
- 99th
- Percentile by assets
- $1.1M
- Avg per participant
Official DOL plan name: Northrop Grumman Retirement Plan B · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing
$2.0B in assets, 1,859 participants
Northrop Grumman Corporation's Northrop Grumman Retirement Plan B reported $2.0B in total assets and 1,859 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #20,390 in Manufacturing (20,602 peers)
Coverage in Virginia
Northrop Grumman Retirement Plan B covers 1,859 participants in Virginia, 2.4x the typical Virginia plan (state average ~782 per filing). Assets: $2.0B.
- $2.0B
- total plan assets (2022 EOY)
- 1,859
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $1.1M
- avg assets per participant
The plan reported a net loss of $578M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Northrop Grumman Retirement Plan B reports 1,859 participants - 2.4x that state average ($2.0B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $2.6B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$578M |
| Employer EIN | 800640649 |
| Plan Effective Date | 1978-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northrop Grumman Corporation)
| 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.
Northrop Grumman Retirement Plan B vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
- Northrop Grumman Pension Plan $18.3B · 14,867
- Retirement Security Plan $9.4B · 54,531
- Ng Space&mission Systems Corp Salaried Pension Pla $8.1B · 7,799
- Dominion Energy Pension Plan $7.3B · 12,832
- Sheet Metal Workers' National Pension Fund $7.2B · 61,068
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Northrop Grumman Retirement Plan B by total assets, not by location.
- Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee (TN) $2.0B · 2,920
- The Kroger Consolidated Retirement Benefit Plan Spin Off (OH) $2.0B · 4,998
- Directors Guild of America-Producer Pension Plan Basic Benefit Plan (CA) $2.0B · 8,405
- Celanese Americas Retirement Pension Plan (TX) $2.0B · 1,310
Frequently Asked Questions
How did Northrop Grumman Retirement Plan B assets move in 2022? ▼
How have Northrop Grumman Corporation plan assets changed over time? ▼
Where does Northrop Grumman Retirement Plan B rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Northrop Grumman Retirement Plan B? ▼
Next read for Northrop Grumman Retirement Plan B
Filing takeaways
Ways to act on Northrop Grumman Retirement Plan B's numbers.
- By total assets, Northrop Grumman Retirement Plan B ranks among the largest 1% of all filed plans. 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