401(k) · DOL Form 5500 · 2023

Lockheed Martin Corporation 401(k) Plan

Data updated 2026-08-25

$376M
Total assets Above avg plan size
1,447
Participants Near avg headcount
97th
Percentile by assets National rank
$259,733
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lockheed Martin Corporation Operations Support Savings Plan · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing

$376M in assets, 1,447 participants

Lockheed Martin Corporation's Lockheed Martin Corporation Operations Support Savings Plan reported $376M in total assets and 1,447 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,747 in Manufacturing (18,722 peers)

Where Lockheed Martin Corporation Operations Support Savings Plan sits by assets

Lockheed Martin Corporation Operations Support Savings Plan sits in the top 5% of all filed plans by assets, $376M for 1,447 participants (~$259,733/participant), up 4.0% in 2023.

#17,747
in Manufacturing (18,722 peers)
+4.0%
assets growth YoY
3.8×
vs typical plan assets (national mean)

Lockheed Martin Corporation Operations Support Savings Plan's outsized position by total assets

Lockheed Martin Corporation Operations Support Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$375,833,004 Top 3% higher than 97% of 127,068 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 2023

Lockheed Martin Corporation Operations Support Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lockheed Martin Corporation Operations Support Savings Plan lands in the large band (1,447 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lockheed Martin Corporation Operations Support Savings Plan reported net income rose from -$51M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Lockheed Martin Corporation Operations Support Savings Plan reported participants fell from 1,567 in the plan year 2022 filing to 1,447 in the plan year 2023 filing.
  • Lockheed Martin Corporation Operations Support Savings Plan end-of-year assets rose from $361M in the plan year 2022 filing to $376M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 521893632 · Lockheed Martin Corporation PY 2023 · 401(k)

Lockheed Martin Corporation Operations Support Savings Plan · $376M · 1,447 · 97th

  • BOOK $376M
  • BOOK 1,447
  • BOOK 97th
  • BOOK 401(k)
  • BOOK near Nexteer Automotive Salaried 401(k) Retirement Plan
  • BOOK ind #17747

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 →

Lockheed Martin Corporation Operations Support Savings Plan in the asset neighbourhood

Smithfield Foods, Inc. Hourly 401(k) PlanSmithfield Foods, Inc. Hourl…$376MNexteer Automotive Salaried 401(k) Retirement PlanNexteer Automotive Salaried …$376MLockheed Martin Corporation Operations Support Savings PlanLockheed Martin Corporation …$376MTanner Advantage 401(k) Plan$376MOnesky Flight, LLC 401(k) Retirement Savings PlanOnesky Flight, LLC 401(k) Re…$376M
End-of-year total assets ($M) among Lockheed Martin Corporation Operations Support Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$361M
Net Assets (End of Year)$376M
Net Income$14M
Employer EIN521893632
Plan Effective Date1987-07-01
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 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lockheed Martin Corporation Operations Support Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Lockheed Martin Corporation Operations Support Savings Plan, Total assets ($B): 0.375833004 · Participants: 1447Lockheed Martin Corporation Operations Support Savings PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Lockheed Martin Corporation Operations Support Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Lockheed Martin Corporation Operations Support Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Nexteer Automotive Salaried 401(k) Retirement Plan in MI ($376M); by covered participants it is Rogers Employee Savings and Retirement Plan in AZ (1,447 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($376M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,447 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lockheed Martin Corporation Operations Support Savings Plan assets move in 2023? ▼
Lockheed Martin Corporation Operations Support Savings Plan edged up modestly - up 4.0% during 2023, from $361M to $376M. Reported net income was $14M.
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 Lockheed Martin Corporation Operations Support Savings Plan rank by assets among Form 5500 filers? ▼
Lockheed Martin Corporation Operations Support Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lockheed Martin Corporation Operations Support Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nexteer Automotive Salaried 401(k) Retirement Plan in MI ($376M, 1,629 participants).
Which 401(k) plans cover a similar participant headcount to Lockheed Martin Corporation Operations Support Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rogers Employee Savings and Retirement Plan in AZ (1,447 participants, $230M in assets).