Defined Benefit (Pension) · DOL Form 5500 · 2022

Huntington Ingalls Industries, Inc. Pension Plan

Data updated 2026-08-25

$612M
Total assets Above avg plan size
6,805
Participants Above avg headcount
98th
Percentile by assets National rank
$89,888
Avg per participant Below avg balance/head
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Official DOL plan name: Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan · Sponsored by Huntington Ingalls Industries, Inc. · Virginia · Manufacturing

$612M in assets, 6,805 participants

Huntington Ingalls Industries, Inc.'s Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reported $612M in total assets and 6,805 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #19,986 in Manufacturing (20,602 peers)

Coverage in Virginia

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan covers 6,805 participants in Virginia, 8.7x the typical Virginia plan (state average ~782 per filing). Assets: $612M.

#19,986
in Manufacturing (20,602 peers)
-19.5%
assets change YoY
6.1×
vs typical plan assets (national mean)

The plan reported a net loss of $149M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan's outsized position by total assets

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs every filed plan by assets

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

$611,689,760 Top 2% higher than 98% 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

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan'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. Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan lands in the large band (6,805 participants).

Plan-year Form 5500 strip

Filing strip 900607005 · Huntington Ingalls Industries, Inc. PY 2022 · Defined Benefit (Pension)

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan · $612M · 6,805 · 98th

  • RANK $612M
  • RANK 6,805
  • RANK 98th
  • RANK Defined Benefit (Pension)
  • RANK near U.a. Local 467 Defined Benefit Plan
  • RANK ind #19986

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 Virginia →

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan in the asset neighbourhood

Northern California Electrical Workers Pension PlanNorthern California Electric…$613MHii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement PlanHii Ingalls Shipbuilding, In…$612MU.a. Local 467 Defined Benefit PlanU.a. Local 467 Defined Benef…$611MThe Legacy Plan of the Unite Here Retirement FundThe Legacy Plan of the Unite…$610MSan Francisco Culinary Bartenders & Service Employees Pension PlanSan Francisco Culinary Barte…$610M
End-of-year total assets ($M) among Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$760M
Net Assets (End of Year)$612M
Net Income-$149M
Employer EIN900607005
Plan Effective Date1963-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Huntington Ingalls Industries, Inc.)

Sponsor-wide plan assets over time

All Huntington Ingalls Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13.5B 12.852013002558147% vs 2022
2024 filing year
$11.5B$12B$12.5B$13B$13.5B$14B 202220232024 $12B $13.5B ▲ +12.8%
Year Plans Participants Total Assets
2022 9 58,788 $12.0B
2023 8 67,177 $12.9B
2024 8 67,908 $13.5B

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan, Total assets ($B): 0.61168976 · Participants: 6805Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension Fund
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Scale composition for Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reports $612M in end-of-year assets across 6,805 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $89,888 per participant (65% of the national average assets-per-participant) . Net income for plan year 2022 was -$149M.

This plan identity (EIN 900607005, plan #305) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $612M to $623M (+1.9%) while covered participants moved from 6,805 to 7,220 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,805 $612M This page
2023 6,658 $605M Open filing
2024 · index core 7,220 $623M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is U.a. Local 467 Defined Benefit Plan in CA ($611M); by covered participants it is Georgia-Pacific LLC Hourly Pension Plan in GA (6,819 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,805 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 Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan assets move in 2022? ▼
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan declined sharply - down 19.5% during 2022, from $760M to $612M. Reported net income was -$149M.
How have Huntington Ingalls Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Huntington Ingalls Industries, Inc.'s sponsor-wide assets grew 12.9%, from $12.0B to $13.5B.
Where does Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.a. Local 467 Defined Benefit Plan in CA ($611M, 846 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Georgia-Pacific LLC Hourly Pension Plan in GA (6,819 participants, $3.4B in assets).