401(k) · DOL Form 5500 · 2023
Bae Systems, Inc. 401(k) Plan
Data updated 2026-08-25
- $9.4B
- Total assets Very large vs avg
- 31,681
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $296,906
- Avg per participant High balance/head
Official DOL plan name: Bae Systems Employees' Savings and Investment Plan · Sponsored by Bae Systems, Inc. · Virginia · Manufacturing
$9.4B in assets, 31,681 participants
Bae Systems, Inc.'s Bae Systems Employees' Savings and Investment Plan reported $9.4B in total assets and 31,681 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- #18,662 in Manufacturing (18,722 peers)
Coverage in Virginia
Bae Systems Employees' Savings and Investment Plan covers 31,681 participants in Virginia, 41x the typical Virginia plan (state average ~782 per filing). Assets: $9.4B.
- #18,662
- in Manufacturing (18,722 peers)
- +14.3%
- assets growth YoY
- 94×
- vs typical plan assets (national mean)
Bae Systems Employees' Savings and Investment Plan's outsized position by total assets
Bae Systems Employees' Savings and Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$9,406,287,325 Highest reported value at or above every one 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
Bae Systems Employees' Savings and Investment Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bae Systems Employees' Savings and Investment Plan is a mega filing (31,681 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Bae Systems Employees' Savings and Investment Plan reported net income rose from -$1.8B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
- Bae Systems Employees' Savings and Investment Plan end-of-year assets rose from $8.2B in the plan year 2022 filing to $9.4B in the plan year 2023 filing.
- Bae Systems Employees' Savings and Investment Plan reported participants rose from 31,556 in the plan year 2022 filing to 31,681 in the plan year 2023 filing.
DOL schedule card
Filing strip 223537950 · Bae Systems, Inc. PY 2023 · 401(k)
Bae Systems Employees' Savings and Investment Plan · $9.4B · 31,681 · 100th
- SCH $9.4B
- SCH 31,681
- SCH 100th
- SCH 401(k)
- SCH near The PNC Financial Services Group, Inc. Incentive Savings Plan
- SCH ind #18662
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 →
Bae Systems Employees' Savings and Investment Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $8.2B |
|---|---|
| Net Assets (End of Year) | $9.4B |
| Net Income | $1.2B |
| Employer EIN | 223537950 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bae Systems, Inc.)
Sponsor-wide plan assets over time
All Bae Systems, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $14.3B 15.142836159256245% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 39,412 | $12.4B |
| 2023 | 2 | 39,354 | $12.8B |
| 2024 | 3 | 44,583 | $14.3B |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan $8.0B · 32,015
Scale composition for Bae Systems Employees' Savings and Investment Plan
Bae Systems Employees' Savings and Investment Plan reports $9.4B in end-of-year assets across 31,681 participants (0.076% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.034% of 93,925,755 covered participants) - about $296,906 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2023 was $1.2B.
This plan identity (EIN 223537950, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.2B to $10.6B (+29.0%) while covered participants moved from 31,556 to 32,246 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 31,556 | $8.2B | Open filing |
| 2023 | 31,681 | $9.4B | This page |
| 2024 · index core | 32,246 | $10.6B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Bae Systems Employees' Savings and Investment Plan (401(k), $10.6B, 32,246 participants)
- Bae Systems Employees' Retirement Plan (Defined Benefit (Pension), $3.2B, 8,058 participants)
- Bae Space & Mission Systems Pension Plan (Defined Benefit (Pension), $417M, 4,279 participants)
Bae Systems Employees' Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is The PNC Financial Services Group, Inc. Incentive Savings Plan in PA ($9.3B); by covered participants it is Prime Healthcare Services, Inc. 401(k) Plan in CA (31,705 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9.4B here).
- The PNC Financial Services Group, Inc. Incentive Savings Plan (PA) $9.3B · 61,697
- Novartis Corporation Investment Savings Plan (NJ) $9.5B · 13,987
- The Progressive 401(k) Plan (OH) $9.2B · 56,176
- The Travelers 401(k) Savings Plan (MN) $9.2B · 29,650
Similar participant headcount
Nearest other-state filings by covered participants (31,681 participants); asset peers above are excluded.
- Prime Healthcare Services, Inc. 401(k) Plan (CA) 31,705 · 24 off
- Meijer 401(k) Retirement Plan I (MI) 31,708 · 27 off
- U-Haul Holding Company 401(k) Savings Plan (AZ) 31,816 · 135 off
- Nestle 401(k) Savings Plan (OH) 31,854 · 173 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.