Huntington Ingalls Industries, Inc. Pension Plan

Defined Benefit (Pension) · DOL Form 5500 · 2022

What the Filing Says About Hii Newport News Shipbuilding, Inc. Retirement Plan

Hii Newport News Shipbuilding, Inc. Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Huntington Ingalls Industries, Inc., headquartered in Virginia. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $3.3B in total end-of-year assets and covers 5,995 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 900607005, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $4.1B at the beginning of 2022 to $3.3B at year-end - down 18.7%. Net assets (after liabilities) closed the year at $3.3B, with reported net income of -$762M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Huntington Ingalls Industries, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $12.0B to $13.5B, a gain of 12.9%, while reported participants moved from 58,788 to 67,908 (+15.5%). The strongest year on file by total sponsor assets was 2024 at $13.5B; the softest was 2022 at $12.0B. Year-by-year, sponsor-wide filings show: 2022 - $12.0B in assets across 9 plans covering 58,788 participants; 2023 - $12.9B in assets across 8 plans covering 67,177 participants; 2024 - $13.5B in assets across 8 plans covering 67,908 participants.

By assets, Hii Newport News Shipbuilding, Inc. Retirement Plan outranks nearly all the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 33x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Hii Newport News Shipbuilding, Inc. Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.