Defined Benefit (Pension) · DOL Form 5500 · 2022
Lockheed Martin Corporation Pension Plan
Data updated 2026-08-06
- $949M
- Total assets
- 1,111
- Participants
- 99th
- Percentile by assets
- $854,507
- Avg per participant
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.
- 99th percentile by assets (of 139,258 plans)
- #20,201 in Manufacturing (20,629 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.
- $949M
- total plan assets (2022 EOY)
- 1,111
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $854,507
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units outranks 99% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 9.5x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $949M |
| Net Income | -$253M |
| Employer EIN | 521893632 |
| Plan Effective Date | 1995-01-01 |
| 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 Employees in Participating Bargaining Units 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 Employees in Participating Bargaining Units by total assets, not by location.
- Wisconsin Laborers' Pension Fund (WI) $950M · 3,791
- Ball Pension Plan (CO) $950M · 1,920
- Lyondellbasell Pension Plan (TX) $948M · 7,965
- Iron Workers District Council of So Oh & Vicinity Pension Trust (OH) $952M · 2,992
Frequently Asked Questions
How did Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units assets move in 2022? ▼
How have Lockheed Martin Corporation plan assets changed over time? ▼
Where does Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units rank by assets among Form 5500 filers? ▼
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Next read for Lockheed Martin Corporation Pension Plan…
Scale reading
Ways to act on Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units's numbers.
- By total assets, Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units 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