Defined Benefit (Pension) · DOL Form 5500 · 2023
Lockheed Martin Corporation Pension Plan
Data updated 2026-08-25
- $951M
- Total assets Above avg plan size
- 986
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $964,280
- Avg per participant High balance/head
Official DOL plan name: Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$951M in assets, 986 participants
Lockheed Martin Corporation's Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units reported $951M in total assets and 986 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #18,241 in Manufacturing (18,722 peers)
Where Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits by assets
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits among the largest 1% of all filed plans, $951M for 986 participants (~$964,280/participant), up 0.1% in 2023.
- #18,241
- in Manufacturing (18,722 peers)
- +0.1%
- assets growth YoY
- 9.5×
- vs typical plan assets (national mean)
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units's outsized position by total assets
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$950,780,358 Top 1% higher than 99% 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
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits mid-pack in the medium band (986 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units reported net income rose from -$253M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units reported participants fell from 1,111 in the plan year 2022 filing to 986 in the plan year 2023 filing.
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units end-of-year assets rose from $949M in the plan year 2022 filing to $951M in the plan year 2023 filing.
DOL schedule card
Filing strip 521893632 · Lockheed Martin Corporation PY 2023 · Defined Benefit (Pension)
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units · $951M · 986 · 99th
- BOY $951M
- BOY 986
- BOY 99th
- BOY Defined Benefit (Pension)
- BOY near Ball Pension Plan
- BOY ind #18241
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 Maryland →
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $949M |
|---|---|
| Net Assets (End of Year) | $951M |
| Net Income | $2M |
| Employer EIN | 521893632 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lockheed Martin Corporation)
Sponsor-wide plan assets over time
All Lockheed Martin Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $79.7B 10.755104430097978% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 13 | 161,436 | $72.0B |
| 2023 | 13 | 169,542 | $77.9B |
| 2024 | 12 | 172,051 | $79.7B |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Electrical Benefit Fund $18.9B · 323,315
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.4B · 19,673
- Major League Baseball Players Pension Plan $4.6B · 1,087
- National Automatic Sprinkler Industry Pension Fund $4.5B · 15,047
- International Painters and Allied Trades Industry Pension Plan $4.2B · 44,973
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Maryland, the nearest Defined Benefit (Pension) by assets is Ball Pension Plan in CO ($951M); by covered participants it is Pension Plan for Non-Bargaining Unit Employees of Kyocera International, Inc. & Participating Companies in CA (985 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($951M here).
- Ball Pension Plan (CO) $951M · 1,506
- Vf Corporation Pension Plan (NC) $952M · 140
- Thermo Fisher Scientific Inc. Retirement Plan (PA) $947M · 1,679
- Children's Hospital Corporation Pension Plan (MA) $946M · 9,284
Similar participant headcount
Nearest other-state filings by covered participants (986 participants); asset peers above are excluded.
- Pension Plan for Non-Bargaining Unit Employees of Kyocera International, Inc. & Participating Companies (CA) 985 · 1 off
- District Council 82 Painting Industry Pension Plan (MN) 984 · 2 off
- Loyola University Employees' Retirement Plan (IL) 989 · 3 off
- Westchester Teamsters Local 456 Pension Fund (NY) 983 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.