Defined Benefit (Pension) · DOL Form 5500 · 2023
Northrop Grumman Corporation Pension Plan
Data updated 2026-08-25
- $8.5B
- Total assets Very large vs avg
- 7,117
- Participants Above avg headcount
- 100th
- Percentile by assets National rank
- $1.2M
- Avg per participant High balance/head
Official DOL plan name: Ng Space&mission Systems Corp Salaried Pension Pla · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing
$8.5B in assets, 7,117 participants
Northrop Grumman Corporation's Ng Space&mission Systems Corp Salaried Pension Pla reported $8.5B in total assets and 7,117 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.
- #18,657 in Manufacturing (18,722 peers)
Coverage in Virginia
Ng Space&mission Systems Corp Salaried Pension Pla covers 7,117 participants in Virginia, 9.1x the typical Virginia plan (state average ~782 per filing). Assets: $8.5B.
- #18,657
- in Manufacturing (18,722 peers)
- +4.8%
- assets growth YoY
- 85×
- vs typical plan assets (national mean)
Ng Space&mission Systems Corp Salaried Pension Pla's outsized position by total assets
Ng Space&mission Systems Corp Salaried Pension Pla vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$8,450,021,632 Highest reported value at or above every one 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
Ng Space&mission Systems Corp Salaried Pension Pla's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ng Space&mission Systems Corp Salaried Pension Pla lands in the large band (7,117 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ng Space&mission Systems Corp Salaried Pension Pla reported net income rose from -$2.1B in the plan year 2022 filing to $389M in the plan year 2023 filing.
- Ng Space&mission Systems Corp Salaried Pension Pla reported participants fell from 7,799 in the plan year 2022 filing to 7,117 in the plan year 2023 filing.
- Ng Space&mission Systems Corp Salaried Pension Pla end-of-year assets rose from $8.1B in the plan year 2022 filing to $8.5B in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 800640649 · Northrop Grumman Corporation PY 2023 · Defined Benefit (Pension)
Ng Space&mission Systems Corp Salaried Pension Pla · $8.5B · 7,117 · 100th
- ASSETS $8.5B
- ASSETS 7,117
- ASSETS 100th
- ASSETS Defined Benefit (Pension)
- ASSETS near Wells Fargo & Company Cash Balance Plan
- ASSETS ind #18657
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 Space&mission Systems Corp Salaried Pension Pla in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $8.1B |
|---|---|
| Net Assets (End of Year) | $8.4B |
| Net Income | $389M |
| Employer EIN | 800640649 |
| Plan Effective Date | 1953-12-01 |
| Filing Status | FILING 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
| 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 $19.1B · 13,674
- Retirement Security Plan $10.2B · 54,171
- Sheet Metal Workers' National Pension Fund $8.3B · 61,272
- Dominion Energy Pension Plan $7.6B · 12,263
- United Association National Pension Fund $7.1B · 84,317
Scale composition for Ng Space&mission Systems Corp Salaried Pension Pla
Ng Space&mission Systems Corp Salaried Pension Pla reports $8.5B in end-of-year assets across 7,117 participants (0.069% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $1.2M per participant (8.6x the national average assets-per-participant) . Net income for plan year 2023 was $389M.
This plan identity (EIN 800640649, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.1B to $8.4B (+4.2%) while covered participants moved from 7,799 to 6,737 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,799 | $8.1B | Open filing |
| 2023 | 7,117 | $8.5B | This page |
| 2024 · index core | 6,737 | $8.4B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Northrop Grumman Savings Plan (401(k), $39.5B, 104,719 participants)
- Northrop Grumman Pension Plan (Defined Benefit (Pension), $18.8B, 12,678 participants)
- Ng Space&mission Systems Corp Salaried Pension Pla (Defined Benefit (Pension), $8.4B, 6,737 participants)
- Northrop Grumman Retirement Plan B (Defined Benefit (Pension), $2.1B, 1,614 participants)
Ng Space&mission Systems Corp Salaried Pension Pla's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Wells Fargo & Company Cash Balance Plan in CA ($8.8B); by covered participants it is Pension Plan of Local 464a in NJ (7,110 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8.5B here).
- Wells Fargo & Company Cash Balance Plan (CA) $8.8B · 53,528
- Retirement Plan of International Paper Company (TN) $8.8B · 20,164
- United Food & Commercial Workers Intl Union - Industry Pension Fund (IL) $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees (IL) $8.0B · 16,346
Similar participant headcount
Nearest other-state filings by covered participants (7,117 participants); asset peers above are excluded.
- Pension Plan of Local 464a (NJ) 7,110 · 7 off
- Laborers District Council of W PA Pension Fund (PA) 7,100 · 17 off
- Seafarers Pension Plan (MD) 7,093 · 24 off
- Grant Thornton LLP Employees' Retirement Plan (IL) 7,078 · 39 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.