Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bae Systems Controls Inc. · Virginia · Manufacturing

What the 2023 filing shows

Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units holds N/A for 360 participants.

N/A
total plan assets (2022 EOY)
360
covered participants
$-42,755,487
reported net income

The plan reported a net loss of $43M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
N/A
Participants
360
State
Industry
Manufacturing

What the Filing Says About Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units

Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units is a Defined Benefit (Pension) retirement plan sponsored by Bae Systems Controls Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 360 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 061583488, and the plan has been effective since 2000-09-25. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $154M at the beginning of 2022 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-42,755,487 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$154M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-42,755,487
Plan TypeDefined Benefit (Pension)
Employer EIN061583488
Plan Effective Date2000-09-25
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units?
As of the 2022 Form 5500 filing, Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units holds N/A in total assets with 360 participants. It is sponsored by Bae Systems Controls Inc..
What type of plan is Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units?
Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units is a Defined Benefit (Pension) plan. It has been effective since 2000-09-25. The plan is filed with the U.S. Department of Labor under EIN 061583488.
Who sponsors the Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units?
Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units is sponsored by Bae Systems Controls Inc., located in Virginia. The sponsor's EIN is 061583488 and the plan operates in the Manufacturing industry.
How did Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units perform in 2022?
Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units held N/A in total assets at the end of 2022. Net income was $-42,755,487.
Where can I find official filings for Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units?
Official Form 5500 filings for Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 061583488 or plan name at efast.dol.gov.
How does Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units compare to other plans?
You can compare Pension Plan for Employees of Bae Systems Controls Inc. in Participating Bargaining Units against other Defined Benefit (Pension) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 061583488.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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