Defined Benefit (Pension) · DOL Form 5500 · 2023

Northrop Grumman Corporation Pension Plan

Data updated 2026-08-25

$636M
Total assets Above avg plan size
940
Participants Near avg headcount
98th
Percentile by assets National rank
$676,468
Avg per participant High balance/head
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Official DOL plan name: Ng Es Union Represented Employees Pension Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$636M in assets, 940 participants

Northrop Grumman Corporation's Ng Es Union Represented Employees Pension Plan reported $636M in total assets and 940 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.

  • #18,073 in Manufacturing (18,722 peers)

Where Ng Es Union Represented Employees Pension Plan sits by assets

Ng Es Union Represented Employees Pension Plan sits in the top 5% of all filed plans by assets, $636M for 940 participants (~$676,468/participant), up 5.8% in 2023.

#18,073
in Manufacturing (18,722 peers)
+5.8%
assets growth YoY
6.4×
vs typical plan assets (national mean)

Ng Es Union Represented Employees Pension Plan's outsized position by total assets

Ng Es Union Represented Employees Pension Plan vs every filed plan by assets

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

$635,879,581 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

Ng Es Union Represented Employees Pension Plan 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. Ng Es Union Represented Employees Pension Plan sits mid-pack in the medium band (940 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ng Es Union Represented Employees Pension Plan reported net income rose from -$158M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Ng Es Union Represented Employees Pension Plan end-of-year assets rose from $601M in the plan year 2022 filing to $636M in the plan year 2023 filing.
  • Ng Es Union Represented Employees Pension Plan reported participants fell from 992 in the plan year 2022 filing to 940 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 800640649 · Northrop Grumman Corporation PY 2023 · Defined Benefit (Pension)

Ng Es Union Represented Employees Pension Plan · $636M · 940 · 98th

  • EBSA $636M
  • PART 940
  • TYPE 98th
  • NET Defined Benefit (Pension)
  • BOOK near Minneapolis Retail Meat Cutters and Food Handlers Pension Fund
  • VS-ST ind #18073

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 →

Ng Es Union Represented Employees Pension Plan in the asset neighbourhood

Minneapolis Retail Meat Cutters and Food Handlers Pension FundMinneapolis Retail Meat Cutt…$638MNg Es Union Represented Employees Pension PlanNg Es Union Represented Empl…$636MThe Nemours Foundation Pension PlanThe Nemours Foundation Pensi…$633MMccormick Pension Plan$633MBanco Popular De Puerto Rico Retirement PlanBanco Popular De Puerto Rico…$632M
End-of-year total assets ($M) among Ng Es Union Represented Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$601M
Net Assets (End of Year)$635M
Net Income$35M
Employer EIN800640649
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

Sponsor-wide plan assets over time

All Northrop Grumman Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$70.6B 12.39714344145889% vs 2022
2024 filing year
$60B$65B$70B$75B 202220232024 $62.8B $70.6B ▲ +12.4%
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 Es Union Represented Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Ng Es Union Represented Employees Pension Plan, Total assets ($B): 0.635879581 · Participants: 940Ng Es Union Represented Employees Pension PlanNorthrop 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
Ng Es Union Represented Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Ng Es Union Represented Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Minneapolis Retail Meat Cutters and Food Handlers Pension Fund in MN ($638M); by covered participants it is General Retirement Plan for Employees of Carpenter Technology Corporation in PA (941 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($636M here).

Similar participant headcount

Nearest other-state filings by covered participants (940 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 Ng Es Union Represented Employees Pension Plan assets move in 2023?
Ng Es Union Represented Employees Pension Plan grew at a solid clip - up 5.8% during 2023, from $601M to $636M. Reported net income was $35M.
How have Northrop Grumman Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Northrop Grumman Corporation's sponsor-wide assets grew 12.4%, from $62.8B to $70.6B.
Where does Ng Es Union Represented Employees Pension Plan rank by assets among Form 5500 filers?
Ng Es Union Represented Employees Pension Plan 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 Ng Es Union Represented Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Minneapolis Retail Meat Cutters and Food Handlers Pension Fund in MN ($638M, 1,729 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ng Es Union Represented Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is General Retirement Plan for Employees of Carpenter Technology Corporation in PA (941 participants, $558M in assets).