Defined Benefit (Pension) · DOL Form 5500 · 2022
Lockheed Martin Corporation Pension Plan
Data updated 2026-08-11
- $1.1B
- Total assets
- N/A
- Participants
- 99th
- Percentile by assets
Official DOL plan name: Lockheed Martin Corporation Pension Plan for Specified Retirees · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$1.1B in assets, N/A participants
Lockheed Martin Corporation's Lockheed Martin Corporation Pension Plan for Specified Retirees reported $1.1B in total assets and N/A 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)
- #20,235 in Manufacturing (20,602 peers)
Where Lockheed Martin Corporation Pension Plan for Specified Retirees sits by assets
Lockheed Martin Corporation Pension Plan for Specified Retirees sits among the largest 1% of all filed plans, $1.1B for N/A participants, down 25.1% in 2022.
- $1.1B
- total plan assets (2022 EOY)
- N/A
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- -25.1%
- assets change YoY
The plan reported a net loss of $376M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Lockheed Martin Corporation Pension Plan for Specified Retirees vs the 2022 asset distribution
By assets, Lockheed Martin Corporation Pension Plan for Specified Retirees outranks 99% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 11x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$376M |
| Employer EIN | 521893632 |
| Plan Effective Date | 2018-12-31 |
| Filing Status | FILING 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
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Lockheed Martin Corporation Pension Plan for Specified Retirees vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.8B · 21,647
- National Automatic Sprinkler Industry Pension Fund $4.3B · 14,916
- Major League Baseball Players Pension Plan $4.2B · 1,041
- International Painters and Allied Trades Industry Pension Plan $3.9B · 50,952
- Bert Bell/Pete Rozelle Nfl Player Retirement Plan $3.7B · 2,587
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Lockheed Martin Corporation Pension Plan for Specified Retirees by total assets, not by location.
- Deutsche Bank Cash Account Pension Plan (NY) $1.1B · 864
- Local 282 Pension Trust Fund (NY) $1.1B · 2,958
- Securian Financial Group Inc Retirement Plan and Trust Agreement (MN) $1.1B · 2,753
- Transocean U.S. Retirement Plan () $1.1B · 1,062
Frequently Asked Questions
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How have Lockheed Martin Corporation plan assets changed over time? ▼
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Next read for Lockheed Martin Corporation Pension Plan…
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Ways to act on Lockheed Martin Corporation Pension Plan for Specified Retirees's numbers.
- By total assets, Lockheed Martin Corporation Pension Plan for Specified Retirees 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 Maryland. Compare plans
- Lockheed Martin Corporation's sponsor-wide assets have grown 10.8% since 2022 across 3 plan years on file. More Manufacturing plans