Defined Benefit (Pension) · DOL Form 5500 · 2023

Northrop Grumman Corporation Pension Plan

Data updated 2026-08-25

$19.1B
Total assets Mega-plan scale
13,674
Participants Very large workforce
100th
Percentile by assets National rank
$1.4M
Avg per participant High balance/head
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Official DOL plan name: Northrop Grumman Pension Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$19.1B in assets, 13,674 participants

Northrop Grumman Corporation's Northrop Grumman Pension Plan reported $19.1B in total assets and 13,674 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,705 in Manufacturing (18,722 peers)

Coverage in Virginia

Northrop Grumman Pension Plan covers 13,674 participants in Virginia, 17x the typical Virginia plan (state average ~782 per filing). Assets: $19.1B.

#18,705
in Manufacturing (18,722 peers)
+4.4%
assets growth YoY
192×
vs typical plan assets (national mean)

Northrop Grumman Pension Plan's outsized position by total assets

Northrop Grumman Pension Plan vs every filed plan by assets

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

$19,134,846,358 Highest reported value at or above every one 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

Northrop Grumman Pension Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northrop Grumman Pension Plan is a mega filing (13,674 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northrop Grumman Pension Plan reported net income rose from -$4.6B in the plan year 2022 filing to $804M in the plan year 2023 filing.
  • Northrop Grumman Pension Plan reported participants fell from 14,867 in the plan year 2022 filing to 13,674 in the plan year 2023 filing.
  • Northrop Grumman Pension Plan end-of-year assets rose from $18.3B in the plan year 2022 filing to $19.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

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

Northrop Grumman Pension Plan · $19.1B · 13,674 · 100th

  • BOOK $19.1B
  • VS-ST 13,674
  • BOY 100th
  • SCH Defined Benefit (Pension)
  • EBSA near The Bank of America Pension Plan
  • PART ind #18705

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 →

Northrop Grumman Pension Plan in the asset neighbourhood

Ford Motor Company UAW Retirement PlanFord Motor Company UAW Retir…$19.3BThe Bank of America Pension PlanThe Bank of America Pension …$19.2BNorthrop Grumman Pension Plan$19.1BNational Electrical Benefit FundNational Electrical Benefit …$18.9BLockheed Martin Corporation Salaried Employee Retirement ProgramLockheed Martin Corporation …$18.4B
End-of-year total assets ($B) among Northrop Grumman Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$18.3B
Net Assets (End of Year)$19.1B
Net Income$804M
Employer EIN800640649
Plan Effective Date2000-01-01
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.

Northrop Grumman Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 5101520 Total assets ($B) Participants Northrop Grumman Pension Plan, Total assets ($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 PlanUnited Association National Pension Fund, Total assets ($B): 7.130626653 · Participants: 84317United Association National Pension Fund
Northrop Grumman Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Northrop Grumman Pension Plan side-by-side with 3 peers →

Scale composition for Northrop Grumman Pension Plan

Northrop Grumman Pension Plan reports $19.1B in end-of-year assets across 13,674 participants (0.16% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $1.4M per participant (10x the national average assets-per-participant) . Net income for plan year 2023 was $804M.

This plan identity (EIN 800640649, plan #030) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $18.3B to $18.8B (+2.5%) while covered participants moved from 14,867 to 12,678 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 14,867 $18.3B Open filing
2023 13,674 $19.1B This page
2024 · index core 12,678 $18.8B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Northrop Grumman Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is The Bank of America Pension Plan in RI ($19.2B); by covered participants it is Fca US LLC UAW Pension Agreement in MI (13,635 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,674 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 Northrop Grumman Pension Plan assets move in 2023? ▼
Northrop Grumman Pension Plan edged up modestly - up 4.4% during 2023, from $18.3B to $19.1B. Reported net income was $804M.
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 Northrop Grumman Pension Plan rank by assets among Form 5500 filers? ▼
Northrop Grumman Pension Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Northrop Grumman Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Bank of America Pension Plan in RI ($19.2B, 56,519 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northrop Grumman Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Fca US LLC UAW Pension Agreement in MI (13,635 participants, $11.2B in assets).

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 800640649.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.