Defined Benefit (Pension) · DOL Form 5500 · 2022

Lockheed Martin Corporation Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
N/A
Participants Small participant base
99th
Percentile by assets National rank
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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.

  • #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.

#20,235
in Manufacturing (20,602 peers)
-25.1%
assets change YoY
11×
vs typical plan assets (national mean)

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's outsized position by total assets

Lockheed Martin Corporation Pension Plan for Specified Retirees vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,125,512,276 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Filed plans by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Plan-year Form 5500 strip

Filing strip 521893632 · Lockheed Martin Corporation PY 2022 · Defined Benefit (Pension)

Lockheed Martin Corporation Pension Plan for Specified Retirees · $1.1B · N/A · 99th

  • NET $1.1B
  • NET N/A
  • NET 99th
  • NET Defined Benefit (Pension)
  • NET near Deutsche Bank Cash Account Pension Plan
  • NET ind #20235

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Maryland →

Lockheed Martin Corporation Pension Plan for Specified Retirees in the asset neighbourhood

Lockheed Martin Corporation Pension Plan for Specified RetireesLockheed Martin Corporation …$1.1BDeutsche Bank Cash Account Pension PlanDeutsche Bank Cash Account P…$1.1BLocal 282 Pension Trust Fund$1.1BTransocean U.S. Retirement PlanTransocean U.S. Retirement P…$1.1BSecurian Financial Group Inc Retirement Plan and Trust AgreementSecurian Financial Group Inc…$1.1B
End-of-year total assets ($B) among Lockheed Martin Corporation Pension Plan for Specified Retirees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.1B
Net Income-$376M
Employer EIN521893632
Plan Effective Date2018-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Lockheed Martin Corporation)

Sponsor-wide plan assets over time

All Lockheed Martin Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$79.7B 10.755104430097978% vs 2022
2024 filing year
$70B$75B$80B$85B 202220232024 $72B $79.7B ▲ +10.8%
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 Scatter plot of 6 data points. -200000200004000060000 05101520 Total assets ($B) Participants Lockheed Martin Corporation Pension Plan for Specified Retirees, Total assets ($B): 1.125512276 · Participants: 0Lockheed Martin Corporation Pension Plan for Specified RetireesLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
Lockheed Martin Corporation Pension Plan for Specified Retirees vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Lockheed Martin Corporation Pension Plan for Specified Retirees's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Maryland, the nearest Defined Benefit (Pension) by end-of-year assets is Deutsche Bank Cash Account Pension Plan in NY at $1.1B (this filing: $1.1B).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lockheed Martin Corporation Pension Plan for Specified Retirees assets move in 2022? ▼
Lockheed Martin Corporation Pension Plan for Specified Retirees declined sharply - down 25.1% during 2022, from $1.5B to $1.1B. Reported net income was -$376M.
How have Lockheed Martin Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lockheed Martin Corporation's sponsor-wide assets grew 10.8%, from $72.0B to $79.7B.
Where does Lockheed Martin Corporation Pension Plan for Specified Retirees rank by assets among Form 5500 filers? ▼
Lockheed Martin Corporation Pension Plan for Specified Retirees ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Lockheed Martin Corporation Pension Plan for Specified Retirees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Deutsche Bank Cash Account Pension Plan in NY ($1.1B, 864 participants).