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

LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM

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

LOCKHEED MARTIN CORPORATION

This Defined Benefit (Pension) plan holds $18.8B in total assets and serves 21,647 participants as of 2022. It is sponsored by LOCKHEED MARTIN CORPORATION in Maryland. The plan reported a net loss of $9.7B for the year.

Total Assets (2023)
$18.8B
Participants
21,647
State
Industry
Manufacturing

What the Filing Says About LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM

LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM is a Defined Benefit (Pension) retirement plan sponsored by LOCKHEED MARTIN CORPORATION, headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $18.8B in total end-of-year assets and covers 21,647 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 521893632, and the plan has been effective since 1942-12-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $28.5B at the beginning of 2022 to $18.8B at year-end — a decline of 33.9%. Net assets (after liabilities) closed the year at $18.8B, with reported net income of $-9,676,039,732 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 2 prior plan-year filings 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)$28.5B
Total Assets (End of Year)$18.8B
Net Assets (End of Year)$18.8B
Net Income$-9,676,039,732
Plan TypeDefined Benefit (Pension)
Employer EIN521893632
Plan Effective Date1942-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (LOCKHEED MARTIN CORPORATION)

Year Plans Participants Total Assets
2022 13 161,436 $72.0B
2023 13 169,542 $77.9B
2024 12 172,051 $79.7B

Nearby Defined Benefit (Pension) Plans in Maryland

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Frequently Asked Questions

How much money is in the LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM?
As of the 2022 Form 5500 filing, LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM holds $18.8B in total assets with 21,647 participants. It is sponsored by LOCKHEED MARTIN CORPORATION.
What type of plan is LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM?
LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM is a Defined Benefit (Pension) plan. It has been effective since 1942-12-31. The plan is filed with the U.S. Department of Labor under EIN 521893632.
Who sponsors the LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM?
LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM is sponsored by LOCKHEED MARTIN CORPORATION, located in Maryland. The sponsor's EIN is 521893632 and the plan operates in the Manufacturing industry.
How did LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM perform in 2022?
LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM declined by 33.9% during 2022, moving from $28.5B to $18.8B in total assets. Net income was $-9,676,039,732.
Where can I find official filings for LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM?
Official Form 5500 filings for LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521893632 or plan name at efast.dol.gov.
How does LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM compare to other plans?
You can compare LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM against other Defined Benefit (Pension) plans on the plan type page, or view plans in Maryland 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 521893632.

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 official public datasets. See our methodology for details.