Defined Benefit (Pension) · DOL Form 5500 · 2023

General Dynamics Corporation Pension Plan

Data updated 2026-08-25

$3.1B
Total assets Very large vs avg
3,183
Participants Above avg headcount
100th
Percentile by assets National rank
$968,025
Avg per participant High balance/head
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Official DOL plan name: General Dynamics Retirement Plan (Government) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$3.1B in assets, 3,183 participants

General Dynamics Corporation's General Dynamics Retirement Plan (Government) reported $3.1B in total assets and 3,183 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.

  • #18,554 in Manufacturing (18,722 peers)

Coverage in Virginia

General Dynamics Retirement Plan (Government) covers 3,183 participants in Virginia, 4.1x the typical Virginia plan (state average ~782 per filing). Assets: $3.1B.

#18,554
in Manufacturing (18,722 peers)
+5.2%
assets growth YoY
31×
vs typical plan assets (national mean)

General Dynamics Retirement Plan (Government)'s outsized position by total assets

General Dynamics Retirement Plan (Government) vs every filed plan by assets

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

$3,081,224,257 Highest reported value at or above every one 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

General Dynamics Retirement Plan (Government)'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. General Dynamics Retirement Plan (Government) lands in the large band (3,183 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • General Dynamics Retirement Plan (Government) reported net income rose from -$1.0B in the plan year 2022 filing to $121M in the plan year 2023 filing.
  • General Dynamics Retirement Plan (Government) reported participants fell from 3,517 in the plan year 2022 filing to 3,183 in the plan year 2023 filing.
  • General Dynamics Retirement Plan (Government) end-of-year assets rose from $2.9B in the plan year 2022 filing to $3.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 131673581 · General Dynamics Corporation PY 2023 · Defined Benefit (Pension)

General Dynamics Retirement Plan (Government) · $3.1B · 3,183 · 100th

  • IND $3.1B
  • EOY 3,183
  • 5500 100th
  • ASSETS Defined Benefit (Pension)
  • PCT near Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
  • EIN ind #18554

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 →

General Dynamics Retirement Plan (Government) in the asset neighbourhood

M&t Bank Corporation Pension PlanM&t Bank Corporation Pension…$3.1BConsolidated Roche Retirement PlanConsolidated Roche Retiremen…$3.2BEntergy Corporation Retirement Plan for Non-Bargaining EmployeesEntergy Corporation Retireme…$3.1BGeneral Dynamics Retirement Plan (Government)General Dynamics Retirement …$3.1BLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement PlanLocals 302 & 612 of the Iuoe…$3.1B
End-of-year total assets ($B) among General Dynamics Retirement Plan (Government) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$3.1B
Net Income$121M
Employer EIN131673581
Plan Effective Date1956-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Corporation)

Sponsor-wide plan assets over time

All General Dynamics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$33.4B 11.992919867650146% vs 2022
2024 filing year
$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Year Plans Participants Total Assets
2022 16 107,750 $29.9B
2023 14 115,717 $32.7B
2024 11 111,719 $33.4B

Nearby Defined Benefit (Pension) Plans in Virginia

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

General Dynamics Retirement Plan (Government) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants General Dynamics Retirement Plan (Government), Total assets ($B): 3.081224257 · Participants: 3183General Dynamics Retirement Plan (Government)Northrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundDominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension Plan
General Dynamics Retirement Plan (Government) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

General Dynamics Retirement Plan (Government)'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan in WA ($3.1B); by covered participants it is Nestle Hourly Retirement Plan in OH (3,185 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,183 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 General Dynamics Retirement Plan (Government) assets move in 2023?
General Dynamics Retirement Plan (Government) grew at a solid clip - up 5.2% during 2023, from $2.9B to $3.1B. Reported net income was $121M.
How have General Dynamics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does General Dynamics Retirement Plan (Government) rank by assets among Form 5500 filers?
General Dynamics Retirement Plan (Government) ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to General Dynamics Retirement Plan (Government)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan in WA ($3.1B, 8,339 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Dynamics Retirement Plan (Government)?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nestle Hourly Retirement Plan in OH (3,185 participants, $567M in assets).