Defined Benefit (Pension) · DOL Form 5500 · 2022

Bae Systems Land & Armaments L.P. Pension Plan

Data updated 2026-08-11

$173M
Total assets
128
Participants
95th
Percentile by assets
$1.4M
Avg per participant
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Official DOL plan name: Bae Systems Land & Armaments Employees Pension Plan · Sponsored by Bae Systems Land & Armaments L.P. · Virginia · Manufacturing

$173M in assets, 128 participants

Bae Systems Land & Armaments L.P.'s Bae Systems Land & Armaments Employees Pension Plan reported $173M in total assets and 128 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #19,028 in Manufacturing (20,602 peers)

Coverage in Virginia

Bae Systems Land & Armaments Employees Pension Plan covers 128 participants in Virginia, about 16% of the average Virginia filer (state average ~782 per filing). Assets: $173M.

$173M
total plan assets (2022 EOY)
128
covered participants
95th
percentile by assets (of 139,126 plans)
$1.4M
avg assets per participant

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.

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Bae Systems Land & Armaments Employees Pension Plan reports 128 participants - about 16% of that state average ($173M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$241M
Net Assets (End of Year)$173M
Net Income-$68M
Employer EIN541693796
Plan Effective Date1997-09-30
Filing StatusFILING RECEIVED

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

$-100M$0M$100M$200M$300M$400M 20222023 $281M $0M ▼ -100.0%
Total plan assets by year, all Bae Systems Land & Armaments L.P. plans on file
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.

Bae Systems Land & Armaments Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Bae Systems Land & Armaments Employees 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 Bae Systems Land & A…Northrop Grumman Pen…Retirement Security …Ng Space&mission Sys…Dominion Energy Pens…Sheet Metal Workers'…
Bae Systems Land & Armaments Employees 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 Bae Systems Land & Armaments Employees Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Bae Systems Land & Armaments Employees Pension Plan assets move in 2022?
Bae Systems Land & Armaments Employees Pension Plan declined sharply - down 28.1% during 2022, from $241M to $173M. Reported net income was -$68M.
Where does Bae Systems Land & Armaments Employees Pension Plan rank by assets among Form 5500 filers?
Bae Systems Land & Armaments Employees Pension Plan ranks in the 95th 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 Bae Systems Land & Armaments Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Central Iowa Carpenters Pension Plan in MN ($174M, 672 participants).

Next read for Bae Systems Land & Armaments Employees P…

Filing takeaways

Ways to act on Bae Systems Land & Armaments Employees Pension Plan's numbers.

  • By total assets, Bae Systems Land & Armaments Employees 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