Defined Benefit (Pension) · DOL Form 5500 · 2022
Lockheed Martin Corporation Pension Plan
Data updated 2026-08-06
- $1.0B
- Total assets
- 3,656
- Participants
- 99th
- Percentile by assets
- $278,425
- Avg per participant
Official DOL plan name: Retirement Plan for Certain Represented Employees · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$1.0B in assets, 3,656 participants
Lockheed Martin Corporation's Retirement Plan for Certain Represented Employees reported $1.0B in total assets and 3,656 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)
- #20,231 in Manufacturing (20,629 peers)
Coverage in Maryland
Retirement Plan for Certain Represented Employees covers 3,656 participants in Maryland, 3.8x the typical Maryland plan (state average ~971 per filing). Assets: $1.0B.
- $1.0B
- total plan assets (2022 EOY)
- 3,656
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $278,425
- avg assets per participant
The plan reported a net loss of $263M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Maryland filers
In Maryland, the average filing covers about 971 participants across 2,307 plans. Retirement Plan for Certain Represented Employees reports 3,656 participants - 3.8x that state average ($1.0B EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | -$263M |
| Employer EIN | 521893632 |
| Plan Effective Date | 2015-11-06 |
| 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.
Retirement Plan for Certain Represented Employees 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 Retirement Plan for Certain Represented Employees by total assets, not by location.
- The University of Chicago Retirement Income Plan for Employees (IL) $1.0B · 8,512
- Mclaren Employees' Pension Plan (MI) $1.0B · 3,037
- American Express Retirement Plan (NY) $1.0B · 3,915
- The Wellspan Health System Merged Pension Plan (PA) $1.0B · 3,928
Frequently Asked Questions
How did Retirement Plan for Certain Represented Employees assets move in 2022? ▼
How have Lockheed Martin Corporation plan assets changed over time? ▼
Where does Retirement Plan for Certain Represented Employees rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Certain Represented Employees? ▼
Next read for Retirement Plan for Certain Represented …
Filing takeaways
Ways to act on Retirement Plan for Certain Represented Employees's numbers.
- By total assets, Retirement Plan for Certain Represented Employees 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