Defined Benefit (Pension) · DOL Form 5500 · 2023
General Dynamics Corporation Pension Plan
Data updated 2026-08-25
- $4.5B
- Total assets Very large vs avg
- 5,069
- Participants Above avg headcount
- 100th
- Percentile by assets National rank
- $893,701
- Avg per participant High balance/head
Official DOL plan name: General Dynamics Retirement Plan (Electric Boat) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing
$4.5B in assets, 5,069 participants
General Dynamics Corporation's General Dynamics Retirement Plan (Electric Boat) reported $4.5B in total assets and 5,069 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.
- #18,607 in Manufacturing (18,722 peers)
Coverage in Virginia
General Dynamics Retirement Plan (Electric Boat) covers 5,069 participants in Virginia, 6.5x the typical Virginia plan (state average ~782 per filing). Assets: $4.5B.
- #18,607
- in Manufacturing (18,722 peers)
- +74.9%
- assets growth YoY
- 45×
- vs typical plan assets (national mean)
General Dynamics Retirement Plan (Electric Boat)'s outsized position by total assets
General Dynamics Retirement Plan (Electric Boat) vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$4,530,172,244 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
General Dynamics Retirement Plan (Electric Boat)'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 (Electric Boat) lands in the large band (5,069 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- General Dynamics Retirement Plan (Electric Boat) reported net income rose from -$901M in the plan year 2022 filing to $95M in the plan year 2023 filing.
- General Dynamics Retirement Plan (Electric Boat) end-of-year assets rose from $2.6B in the plan year 2022 filing to $4.5B in the plan year 2023 filing.
- General Dynamics Retirement Plan (Electric Boat) reported participants fell from 5,557 in the plan year 2022 filing to 5,069 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 131673581 · General Dynamics Corporation PY 2023 · Defined Benefit (Pension)
General Dynamics Retirement Plan (Electric Boat) · $4.5B · 5,069 · 100th
- EOY $4.5B
- 5500 5,069
- ASSETS 100th
- PCT Defined Benefit (Pension)
- EIN near Northwest Airlines Pension Plan for Pilot Employees
- RANK ind #18607
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 (Electric Boat) in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $2.6B |
|---|---|
| Net Assets (End of Year) | $4.5B |
| Net Income | $95M |
| Employer EIN | 131673581 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING 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
| 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.
- Northrop Grumman Pension Plan $19.1B · 13,674
- Retirement Security Plan $10.2B · 54,171
- Ng Space&mission Systems Corp Salaried Pension Pla $8.5B · 7,117
- Sheet Metal Workers' National Pension Fund $8.3B · 61,272
- Dominion Energy Pension Plan $7.6B · 12,263
Scale composition for General Dynamics Retirement Plan (Electric Boat)
General Dynamics Retirement Plan (Electric Boat) reports $4.5B in end-of-year assets across 5,069 participants (0.037% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $893,701 per participant (6.5x the national average assets-per-participant) . Net income for plan year 2023 was $95M.
This plan identity (EIN 131673581, plan #070) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.6B to $4.1B (+57.7%) while covered participants moved from 5,557 to 7,035 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,557 | $2.6B | Open filing |
| 2023 | 5,069 | $4.5B | This page |
| 2024 · index core | 7,035 | $4.1B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- General Dynamics Corporation 401(k) Plan 6.0 (401(k), $12.4B, 49,414 participants)
- General Dynamics Corporation 401(k) Qaca Plan (401(k), $7.9B, 27,525 participants)
- General Dynamics Retirement Plan (Electric Boat and Mission Systems) (Defined Benefit (Pension), $4.1B, 7,035 participants)
- General Dynamics Retirement Plan (Government) (Defined Benefit (Pension), $2.7B, 2,990 participants)
General Dynamics Retirement Plan (Electric Boat)'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Northwest Airlines Pension Plan for Pilot Employees in GA ($4.5B); by covered participants it is The National Football League Club Employees Pension Plan in MD (5,068 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.5B here).
- Northwest Airlines Pension Plan for Pilot Employees (GA) $4.5B · 1,483
- Producer-Writers Guild of America Pension Plan (CA) $4.5B · 10,450
- Hp Inc. Pension Plan (TX) $4.6B · 3,281
- National Automatic Sprinkler Industry Pension Fund (MD) $4.5B · 15,047
Similar participant headcount
Nearest other-state filings by covered participants (5,069 participants); asset peers above are excluded.
- The National Football League Club Employees Pension Plan (MD) 5,068 · 1 off
- John Muir Health Retirement Plan (CA) 5,072 · 3 off
- Constellation Retirement Program (PA) 5,080 · 11 off
- Ufcw Union & Partcipating Food Industry Employers Tri-State Pension Fund (PA) 5,055 · 14 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.