Defined Benefit (Pension) · DOL Form 5500 · 2023

L3harris Technologies, Inc. Pension Plan

Data updated 2026-08-25

$127M
Total assets Near avg plan size
151
Participants Small participant base
93rd
Percentile by assets National rank
$838,638
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Marine & Power Systems Pension Plan · Sponsored by L3harris Technologies, Inc. · Florida · Manufacturing

$127M in assets, 151 participants

L3harris Technologies, Inc.'s Marine & Power Systems Pension Plan reported $127M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,628 in Manufacturing (18,722 peers)

Coverage in Florida

Marine & Power Systems Pension Plan covers 151 participants in Florida, about 24% of the average Florida filer (state average ~628 per filing). Assets: $127M.

#16,628
in Manufacturing (18,722 peers)
+6.1%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Marine & Power Systems Pension Plan's outsized position by total assets

Marine & Power Systems Pension Plan vs every filed plan by assets

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

$126,634,391 Top 7% higher than 93% 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

Marine & Power Systems 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. Marine & Power Systems Pension Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Marine & Power Systems Pension Plan reported net income rose from -$35M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Marine & Power Systems Pension Plan reported participants fell from 174 in the plan year 2022 filing to 151 in the plan year 2023 filing.
  • Marine & Power Systems Pension Plan end-of-year assets rose from $119M in the plan year 2022 filing to $127M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 340276860 · L3harris Technologies, Inc. PY 2023 · Defined Benefit (Pension)

Marine & Power Systems Pension Plan · $127M · 151 · 93rd

  • ASSETS $127M
  • PCT 151
  • EIN 93rd
  • RANK Defined Benefit (Pension)
  • PHOTO near Weil, Gotshal & Manges Partners' Variable Annuity Plan
  • IND ind #16628

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 Florida →

Marine & Power Systems Pension Plan in the asset neighbourhood

Laborers' Local No. 17 Pension FundLaborers' Local No. 17 Pensi…$127MCanadian Pacific Pension Plan for U.S. Management EmployeesCanadian Pacific Pension Pla…$127MWeil, Gotshal & Manges Partners' Variable Annuity PlanWeil, Gotshal & Manges Partn…$127MMarine & Power Systems Pension PlanMarine & Power Systems Pensi…$127MEdw. C. Levy Co. Retirement Income PlanEdw. C. Levy Co. Retirement …$126M
End-of-year total assets ($M) among Marine & Power Systems Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$119M
Net Assets (End of Year)$127M
Net Income$7M
Employer EIN340276860
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (L3harris Technologies, Inc.)

Sponsor-wide plan assets over time

All L3harris Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24.4B 21.837182243928332% vs 2022
2024 filing year
$18B$20B$22B$24B$26B 202220232024 $20B $24.4B ▲ +21.9%
Year Plans Participants Total Assets
2022 13 47,737 $20.0B
2023 12 46,594 $23.7B
2024 12 46,466 $24.4B

Nearby Defined Benefit (Pension) Plans in Florida

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Marine & Power Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246810 Total assets ($B) Participants Marine & Power Systems Pension Plan, Total assets ($B): 0.126634391 · Participants: 151Marine & Power Systems Pension PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.749240033 · Participants: 4676L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.124263985 · Participants: 13121Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.367781795 · Participants: 2446Csx Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.24071421 · Participants: 3967Retirement Accumulation Plan for Partners of PwcRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.916753026 · Participants: 5514Retirement Benefit Accumulation Plan for Employees of Pwc
Marine & Power Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Marine & Power Systems Pension Plan side-by-side with 3 peers →

Marine & Power Systems Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is Weil, Gotshal & Manges Partners' Variable Annuity Plan in NY ($127M); by covered participants it is Iron Workers Local 498 Defined Benefit Plan in IL (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Marine & Power Systems Pension Plan assets move in 2023? ▼
Marine & Power Systems Pension Plan grew at a solid clip - up 6.1% during 2023, from $119M to $127M. Reported net income was $7M.
How have L3harris Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), L3harris Technologies, Inc.'s sponsor-wide assets grew 21.8%, from $20.0B to $24.4B.
Where does Marine & Power Systems Pension Plan rank by assets among Form 5500 filers? ▼
Marine & Power Systems Pension Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Marine & Power Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Weil, Gotshal & Manges Partners' Variable Annuity Plan in NY ($127M, 184 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Marine & Power Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Iron Workers Local 498 Defined Benefit Plan in IL (151 participants, $30M 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 340276860.

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.