Defined Benefit (Pension) · DOL Form 5500 · 2023

General Atomics Pension Plan

Data updated 2026-08-25

$945M
Total assets Above avg plan size
12,085
Participants Very large workforce
99th
Percentile by assets National rank
$78,217
Avg per participant Below avg balance/head
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Official DOL plan name: Pension Plan of General Atomics · Sponsored by General Atomics · California · Professional & Technical Services

$945M in assets, 12,085 participants

General Atomics's Pension Plan of General Atomics reported $945M in total assets and 12,085 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,128 in Professional & Technical Services (20,321 peers)

Coverage in California

Pension Plan of General Atomics covers 12,085 participants in California, 19x the typical California plan (state average ~630 per filing). Assets: $945M.

#20,128
in Professional & Technical Services (20,321 peers)
+19.4%
assets growth YoY
9.5×
vs typical plan assets (national mean)

Pension Plan of General Atomics's outsized position by total assets

Pension Plan of General Atomics vs every filed plan by assets

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

$945,254,885 Top 1% higher than 99% 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

Pension Plan of General Atomics'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. Pension Plan of General Atomics is a mega filing (12,085 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan of General Atomics reported net income rose from -$202M in the plan year 2022 filing to $154M in the plan year 2023 filing.
  • Pension Plan of General Atomics end-of-year assets rose from $792M in the plan year 2022 filing to $945M in the plan year 2023 filing.
  • Pension Plan of General Atomics reported participants fell from 12,489 in the plan year 2022 filing to 12,085 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 953735102 · General Atomics PY 2023 · Defined Benefit (Pension)

Pension Plan of General Atomics · $945M · 12,085 · 99th

  • PART $945M
  • TYPE 12,085
  • NET 99th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Children's Hospital Corporation Pension Plan
  • BOY ind #20128

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 Professional & Technical Services retirement plans → · Plans in California →

Pension Plan of General Atomics in the asset neighbourhood

Thermo Fisher Scientific Inc. Retirement PlanThermo Fisher Scientific Inc…$947MChildren's Hospital Corporation Pension PlanChildren's Hospital Corporat…$946MPension Plan of General AtomicsPension Plan of General Atom…$945MElectrical Workers Local No. 26 Pension FundElectrical Workers Local No.…$942MNational Fuel Gas Company Retirement PlanNational Fuel Gas Company Re…$941M
End-of-year total assets ($M) among Pension Plan of General Atomics and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$792M
Net Assets (End of Year)$937M
Net Income$154M
Employer EIN953735102
Plan Effective Date1967-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Atomics)

Sponsor-wide plan assets over time

All General Atomics plans reported in each filing year

Latest sponsor-wide plan assets
$3.8B 36.68831498821244% vs 2022
2024 filing year
$2.5B$3B$3.5B$4B 202220232024 $2.78B $3.8B ▲ +36.7%
Year Plans Participants Total Assets
2022 2 24,919 $2.8B
2023 2 24,141 $3.3B
2024 2 24,200 $3.8B

Nearby Defined Benefit (Pension) Plans in California

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

Pension Plan of General Atomics vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -10010203040 Total assets ($B) Participants Pension Plan of General Atomics, Total assets ($B): 0.945254885 · Participants: 12085Pension Plan of General AtomicsKaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
Pension Plan of General Atomics vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Pension Plan of General Atomics

Pension Plan of General Atomics reports $945M in end-of-year assets across 12,085 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $78,217 per participant (57% of the national average assets-per-participant) . Net income for plan year 2023 was $154M.

This plan identity (EIN 953735102, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $792M to $1.0B (+31.0%) while covered participants moved from 12,489 to 11,958 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,489 $792M Open filing
2023 12,085 $945M This page
2024 · index core 11,958 $1.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

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

Outside California, the nearest Defined Benefit (Pension) by assets is Children's Hospital Corporation Pension Plan in MA ($946M); by covered participants it is Texas Children's Hospital Cash Balance Pension Plan in TX (12,128 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($945M here).

Similar participant headcount

Nearest other-state filings by covered participants (12,085 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 Pension Plan of General Atomics assets move in 2023? ▼
Pension Plan of General Atomics grew sharply - up 19.4% during 2023, from $792M to $945M. Reported net income was $154M.
How have General Atomics plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Atomics's sponsor-wide assets grew 36.7%, from $2.8B to $3.8B.
Where does Pension Plan of General Atomics rank by assets among Form 5500 filers? ▼
Pension Plan of General Atomics ranks in the 99th 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 Pension Plan of General Atomics? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Children's Hospital Corporation Pension Plan in MA ($946M, 9,284 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of General Atomics? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Texas Children's Hospital Cash Balance Pension Plan in TX (12,128 participants, $679M in assets).