Defined Benefit (Pension) · DOL Form 5500 · 2023

General Dynamics Corporation Pension Plan

Data updated 2026-08-25

$615M
Total assets Above avg plan size
1,096
Participants Near avg headcount
98th
Percentile by assets National rank
$561,475
Avg per participant High balance/head
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Official DOL plan name: General Dynamics Retirement Plan (Land Systems) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$615M in assets, 1,096 participants

General Dynamics Corporation's General Dynamics Retirement Plan (Land Systems) reported $615M in total assets and 1,096 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #18,050 in Manufacturing (18,722 peers)

Where General Dynamics Retirement Plan (Land Systems) sits by assets

General Dynamics Retirement Plan (Land Systems) sits in the top 5% of all filed plans by assets, $615M for 1,096 participants (~$561,475/participant), up 0.8% in 2023.

#18,050
in Manufacturing (18,722 peers)
+0.8%
assets growth YoY
6.2×
vs typical plan assets (national mean)

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

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

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

$615,376,817 Top 2% higher than 98% 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 (Land Systems)'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 (Land Systems) lands in the large band (1,096 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • General Dynamics Retirement Plan (Land Systems) reported net income rose from -$222M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • General Dynamics Retirement Plan (Land Systems) reported participants fell from 1,181 in the plan year 2022 filing to 1,096 in the plan year 2023 filing.
  • General Dynamics Retirement Plan (Land Systems) end-of-year assets rose from $610M in the plan year 2022 filing to $615M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

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

General Dynamics Retirement Plan (Land Systems) · $615M · 1,096 · 98th

  • ASSETS $615M
  • PCT 1,096
  • EIN 98th
  • RANK Defined Benefit (Pension)
  • PHOTO near Local 295 I.B.T. Employer Group Pension Trust Fund
  • IND ind #18050

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 (Land Systems) in the asset neighbourhood

Retirement Plan for the Hourly Employees of MsdRetirement Plan for the Hour…$617MShelter Insurance Employees Retirement PlanShelter Insurance Employees …$616MGeneral Dynamics Retirement Plan (Land Systems)General Dynamics Retirement …$615MLocal 295 I.B.T. Employer Group Pension Trust FundLocal 295 I.B.T. Employer Gr…$615MChristiana Care Health Services, Inc. Retirement PlanChristiana Care Health Servi…$615M
End-of-year total assets ($M) among General Dynamics Retirement Plan (Land Systems) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$610M
Net Assets (End of Year)$615M
Net Income$5M
Employer EIN131673581
Plan Effective Date2018-01-01
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 (Land Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants General Dynamics Retirement Plan (Land Systems), Total assets ($B): 0.615376817 · Participants: 1096General Dynamics Retirement Plan (Land Systems)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 (Land Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Local 295 I.B.T. Employer Group Pension Trust Fund in NY ($615M); by covered participants it is Club Employees Pension Fund in NY (1,096 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,096 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 (Land Systems) assets move in 2023?
General Dynamics Retirement Plan (Land Systems) held essentially flat - up 0.8% during 2023, from $610M to $615M. Reported net income was $5M.
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 (Land Systems) rank by assets among Form 5500 filers?
General Dynamics Retirement Plan (Land Systems) ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to General Dynamics Retirement Plan (Land Systems)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 295 I.B.T. Employer Group Pension Trust Fund in NY ($615M, 1,550 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Dynamics Retirement Plan (Land Systems)?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Club Employees Pension Fund in NY (1,096 participants, $87M in assets).