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

Bae Systems Land & Armaments Employees Pension Plan

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

Sponsored by Bae Systems Land & Armaments L.P. · Virginia · Manufacturing

What the 2023 filing shows

Bae Systems Land & Armaments Employees Pension Plan holds $173M for 128 participants — about $1.4M per participant, down 28.1% over the 2022 plan year.

$173M
total plan assets (2022 EOY)
128
covered participants
$1.4M
avg assets per participant
-28.1%
assets change YoY

The plan reported a net loss of $68M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$173M
Participants
128
State
Industry
Manufacturing

What the Filing Says About Bae Systems Land & Armaments Employees Pension Plan

Bae Systems Land & Armaments Employees Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Bae Systems Land & Armaments L.P., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $173M in total end-of-year assets and covers 128 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 541693796, and the plan has been effective since 1997-09-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $241M at the beginning of 2022 to $173M at year-end — a decline of 28.1%. Net assets (after liabilities) closed the year at $173M, with reported net income of $-67,836,259 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 and can be compared against 1 prior plan-year filing from the same sponsor shown below.

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)$241M
Total Assets (End of Year)$173M
Net Assets (End of Year)$173M
Net Income$-67,836,259
Plan TypeDefined Benefit (Pension)
Employer EIN541693796
Plan Effective Date1997-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Bae Systems Land & Armaments L.P.)

Year Plans Participants Total Assets
2022 2 938 $281M
2023 2 1,027 N/A

Nearby Defined Benefit (Pension) Plans in Virginia

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

Frequently Asked Questions

How much money is in the Bae Systems Land & Armaments Employees Pension Plan?
As of the 2022 Form 5500 filing, Bae Systems Land & Armaments Employees Pension Plan holds $173M in total assets with 128 participants. It is sponsored by Bae Systems Land & Armaments L.P..
What type of plan is Bae Systems Land & Armaments Employees Pension Plan?
Bae Systems Land & Armaments Employees Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1997-09-30. The plan is filed with the U.S. Department of Labor under EIN 541693796.
Who sponsors the Bae Systems Land & Armaments Employees Pension Plan?
Bae Systems Land & Armaments Employees Pension Plan is sponsored by Bae Systems Land & Armaments L.P., located in Virginia. The sponsor's EIN is 541693796 and the plan operates in the Manufacturing industry.
How did Bae Systems Land & Armaments Employees Pension Plan perform in 2022?
Bae Systems Land & Armaments Employees Pension Plan declined by 28.1% during 2022, moving from $241M to $173M in total assets. Net income was $-67,836,259.
Where can I find official filings for Bae Systems Land & Armaments Employees Pension Plan?
Official Form 5500 filings for Bae Systems Land & Armaments Employees Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541693796 or plan name at efast.dol.gov.
How does Bae Systems Land & Armaments Employees Pension Plan compare to other plans?
You can compare Bae Systems Land & Armaments Employees Pension Plan 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.

Explore PlainRetire

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 541693796.

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.