401(k) · DOL Form 5500 · 2023

Lockheed Martin Corporation 401(k) Plan

Data updated 2026-08-11

$376M
Total assets: 1,447
Participants: 97th
Percentile by assets: $259,733
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$376M
total plan assets (2023 EOY): 1,447
covered participants: 97th
percentile by assets (of 127,072 plans): $259,733
avg assets per participant

Where Lockheed Martin Corporation Operations Support Savings Plan sits 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

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 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 →

State

Maryland

Industry

Manufacturing

Lockheed Martin Corporation Operations Support Savings Plan vs the 2023 asset distribution

By assets, Lockheed Martin Corporation Operations Support Savings Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$361M
Net Assets (End of Year)	$376M
Net Income	$14M
Employer EIN	521893632
Plan Effective Date	1987-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lockheed Martin Corporation)

Total plan assets by year, all Lockheed Martin Corporation plans on file

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

Lockheed Martin Corporation Salaried Savings Plan $47.3B · 91,511
Marriott Retirement Savings Plan $10.2B · 96,415
T. Rowe Price U.S. Retirement Program $4.4B · 6,292
Nfl Player Second Career Savings Plan $4.0B · 2,767
Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.2B · 80,121

Compare Lockheed Martin Corporation Operations S… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lockheed Martin Corporation Operations Support Savings Plan by total assets, not by location.

Nexteer Automotive Salaried 401(k) Retirement Plan (MI) $376M · 1,629
Tanner Advantage 401(k) Plan (GA) $376M · 3,878
Onesky Flight, LLC 401(k) Retirement Savings Plan (OH) $376M · 2,373
Smithfield Foods, Inc. Hourly 401(k) Plan (VA) $376M · 16,803

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).

Next read for Lockheed Martin Corporation Operations S…

Scale reading

Ways to act on Lockheed Martin Corporation Operations Support Savings Plan's numbers.

By total assets, Lockheed Martin Corporation Operations Support Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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