Defined Benefit (Pension) · DOL Form 5500 · 2022

Lockheed Martin Corporation Pension Plan

Data updated 2026-08-25

$949M
Total assets Above avg plan size
1,111
Participants Near avg headcount
99th
Percentile by assets National rank
$854,507
Avg per participant High balance/head
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Official DOL plan name: Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing

$949M in assets, 1,111 participants

Lockheed Martin Corporation's Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units reported $949M in total assets and 1,111 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.

  • #20,175 in Manufacturing (20,602 peers)

Where Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits by assets

Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits among the largest 1% of all filed plans, $949M for 1,111 participants (~$854,507/participant), down 21.1% in 2022.

#20,175
in Manufacturing (20,602 peers)
-21.1%
assets change YoY
9.5×
vs typical plan assets (national mean)

The plan reported a net loss of $253M 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 Employees in Participating Bargaining Units's outsized position by total assets

Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units vs every filed plan by assets

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

$949,357,684 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

Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units lands in the large band (1,111 participants).

Plan-year Form 5500 strip

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

Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units · $949M · 1,111 · 99th

  • SCH $949M
  • SCH 1,111
  • SCH 99th
  • SCH Defined Benefit (Pension)
  • SCH near Wisconsin Laborers' Pension Fund
  • SCH ind #20175

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 Employees in Participating Bargaining Units in the asset neighbourhood

Iron Workers District Council of So Oh & Vicinity Pension TrustIron Workers District Counci…$952MBall Pension Plan$950MWisconsin Laborers' Pension FundWisconsin Laborers' Pension …$950MLockheed Martin Corporation Pension Plan for Employees in Participating Bargaining UnitsLockheed Martin Corporation …$949MLyondellbasell Pension Plan$948M
End-of-year total assets ($M) among Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$949M
Net Income-$253M
Employer EIN521893632
Plan Effective Date1995-01-01
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 Employees in Participating Bargaining Units vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 05101520 Total assets ($B) Participants Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units, Total assets ($B): 0.949357684 · Participants: 1111Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining UnitsLockheed 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 Employees in Participating Bargaining Units vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Wisconsin Laborers' Pension Fund in WI ($950M); by covered participants it is Sdc-League Pension Fund in NY (1,110 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($949M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,111 participants); asset peers above are excluded.

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 Employees in Participating Bargaining Units assets move in 2022? ▼
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units declined sharply - down 21.1% during 2022, from $1.2B to $949M. Reported net income was -$253M.
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 Employees in Participating Bargaining Units rank by assets among Form 5500 filers? ▼
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units 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 Employees in Participating Bargaining Units? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wisconsin Laborers' Pension Fund in WI ($950M, 3,791 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sdc-League Pension Fund in NY (1,110 participants, $48M in assets).