Defined Benefit (Pension) · DOL Form 5500 · 2023
Northrop Grumman Corporation Pension Plan
Data updated 2026-08-11
- $107M
- Total assets
- N/A
- Participants
- 92nd
- Percentile by assets
Official DOL plan name: Ng Master Inactive Qualified Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing
$107M in assets, N/A participants
Northrop Grumman Corporation's Ng Master Inactive Qualified Plan reported $107M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 127,072 plans)
- #16,389 in Manufacturing (18,722 peers)
Where Ng Master Inactive Qualified Plan sits by assets
Ng Master Inactive Qualified Plan sits in the top 10% of all filed plans by assets, $107M for N/A participants, up 2.8% in 2023.
- $107M
- total plan assets (2023 EOY)
- N/A
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- +2.8%
- assets growth YoY
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ng Master Inactive Qualified Plan reported net income rose from -$32M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Ng Master Inactive Qualified Plan end-of-year assets rose from $104M in the plan year 2022 filing to $107M in the plan year 2023 filing.
Ng Master Inactive Qualified Plan vs the 2023 asset distribution
By assets, Ng Master Inactive Qualified Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $104M |
|---|---|
| Net Assets (End of Year) | $107M |
| Net Income | $4M |
| Employer EIN | 800640649 |
| Plan Effective Date | 1960-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northrop Grumman Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 119,474 | $62.8B |
| 2023 | 8 | 122,852 | $67.7B |
| 2024 | 8 | 127,891 | $70.6B |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Ng Master Inactive Qualified Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Ng Master Inactive Qualified Plan by total assets, not by location.
Frequently Asked Questions
How did Ng Master Inactive Qualified Plan assets move in 2023? ▼
How have Northrop Grumman Corporation plan assets changed over time? ▼
Where does Ng Master Inactive Qualified Plan rank by assets among Form 5500 filers? ▼
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Next read for Ng Master Inactive Qualified Plan
Scale reading
Ways to act on Ng Master Inactive Qualified Plan's numbers.
- By total assets, Ng Master Inactive Qualified Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
- Northrop Grumman Corporation's sponsor-wide assets have grown 12.4% since 2022 across 3 plan years on file. More Manufacturing plans