Defined Benefit (Pension) · DOL Form 5500 · 2022

Lockheed Martin Corporation Pension Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
3,656
Participants Above avg headcount
99th
Percentile by assets National rank
$278,425
Avg per participant High balance/head
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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.

  • #20,204 in Manufacturing (20,602 peers)

Coverage in Maryland

Retirement Plan for Certain Represented Employees covers 3,656 participants in Maryland, 3.9x the typical Maryland plan (state average ~929 per filing). Assets: $1.0B.

#20,204
in Manufacturing (20,602 peers)
-20.6%
assets change YoY
10×
vs typical plan assets (national mean)

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.

Retirement Plan for Certain Represented Employees's outsized position by total assets

Retirement Plan for Certain Represented Employees vs every filed plan by assets

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

$1,017,921,709 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

Retirement Plan for Certain Represented Employees'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. Retirement Plan for Certain Represented Employees lands in the large band (3,656 participants).

Plan-year Form 5500 strip

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

Retirement Plan for Certain Represented Employees · $1.0B · 3,656 · 99th

  • BOY $1.0B
  • SCH 3,656
  • EBSA 99th
  • PART Defined Benefit (Pension)
  • TYPE near The University of Chicago Retirement Income Plan for Employees
  • NET ind #20204

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 →

Retirement Plan for Certain Represented Employees in the asset neighbourhood

Retirement Plan for Certain Represented EmployeesRetirement Plan for Certain …$1.0BThe University of Chicago Retirement Income Plan for EmployeesThe University of Chicago Re…$1.0BMclaren Employees' Pension PlanMclaren Employees' Pension P…$1.0BAmerican Express Retirement PlanAmerican Express Retirement …$1.0BThe Wellspan Health System Merged Pension PlanThe Wellspan Health System M…$1.0B
End-of-year total assets ($B) among Retirement Plan for Certain Represented Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.0B
Net Income-$263M
Employer EIN521893632
Plan Effective Date2015-11-06
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.

Retirement Plan for Certain Represented Employees vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 05101520 Total assets ($B) Participants Retirement Plan for Certain Represented Employees, Total assets ($B): 1.017921709 · Participants: 3656Retirement Plan for Certain Represented EmployeesLockheed 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
Retirement Plan for Certain Represented Employees vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Retirement Plan for Certain Represented Employees side-by-side with 3 peers →

Retirement Plan for Certain Represented Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is The University of Chicago Retirement Income Plan for Employees in IL ($1.0B); by covered participants it is Ernst & Young Partnership Defined Benefit Retirement Plan in NJ (3,653 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,656 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 Retirement Plan for Certain Represented Employees assets move in 2022? ▼
Retirement Plan for Certain Represented Employees declined sharply - down 20.6% during 2022, from $1.3B to $1.0B. Reported net income was -$263M.
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 Retirement Plan for Certain Represented Employees rank by assets among Form 5500 filers? ▼
Retirement Plan for Certain Represented Employees 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 Retirement Plan for Certain Represented Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The University of Chicago Retirement Income Plan for Employees in IL ($1.0B, 8,512 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Certain Represented Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ernst & Young Partnership Defined Benefit Retirement Plan in NJ (3,653 participants, $2.5B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521893632.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.