Other
2023 plan-year Other DOL Form 5500

LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

LOCKHEED MARTIN CORPORATION

This Other plan holds $2.3B in total assets and serves 4,011 participants as of 2023. It is sponsored by LOCKHEED MARTIN CORPORATION in Maryland. The plan reported a net loss of $7M for the year.

Total Assets (2023)
$2.3B
Participants
4,011
State
Industry
Manufacturing

What the Filing Says About LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN

LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN is a Other retirement plan sponsored by LOCKHEED MARTIN CORPORATION, headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $2.3B in total end-of-year assets and covers 4,011 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 521893632, and the plan has been effective since 1951-05-05. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2.3B at the beginning of 2023 to $2.3B at year-end — a decline of 0.4%. Net assets (after liabilities) closed the year at N/A, with reported net income of $-7,130,595 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2.3B
Total Assets (End of Year)$2.3B
Net Assets (End of Year)N/A
Net Income$-7,130,595
Plan TypeOther
Employer EIN521893632
Plan Effective Date1951-05-05
Filing StatusFILING RECEIVED

Sponsor Plan History (LOCKHEED MARTIN CORPORATION)

Year Plans Participants Total Assets
2022 13 161,436 $72.0B
2023 13 169,542 $77.9B
2024 12 172,051 $79.7B

Nearby Other Plans in Maryland

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN?
As of the 2023 Form 5500 filing, LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN holds $2.3B in total assets with 4,011 participants. It is sponsored by LOCKHEED MARTIN CORPORATION.
What type of plan is LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN?
LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN is a Other plan. It has been effective since 1951-05-05. The plan is filed with the U.S. Department of Labor under EIN 521893632.
Who sponsors the LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN?
LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN is sponsored by LOCKHEED MARTIN CORPORATION, located in Maryland. The sponsor's EIN is 521893632 and the plan operates in the Manufacturing industry.
How did LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN perform in 2023?
LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN declined by 0.4% during 2023, moving from $2.3B to $2.3B in total assets. Net income was $-7,130,595.
Where can I find official filings for LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN?
Official Form 5500 filings for LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521893632 or plan name at efast.dol.gov.
How does LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN compare to other plans?
You can compare LOCKHEED MARTIN AEROSPACE HOURLY PENSION PLAN against other Other plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.