Defined Benefit (Pension) · DOL Form 5500 · 2023

General Atomics Pension Plan

Data updated 2026-08-11

$945M
Total assets
12,085
Participants
99th
Percentile by assets
$78,217
Avg per participant
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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.

  • 99th percentile by assets (of 127,072 plans)
  • #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.

$945M
total plan assets (2023 EOY)
12,085
covered participants
99th
percentile by assets (of 127,072 plans)
$78,217
avg assets per participant

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 →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Pension Plan of General Atomics reports 12,085 participants - 19x that state average ($945M EOY assets).

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)

$2.5B$3B$3.5B$4B 202220232024 $2.78B $3.8B ▲ +36.7%
Total plan assets by year, all General Atomics plans on file
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

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 Gene…Kaiser Permanente Re…Pacific Gas and Elec…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…
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:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan of General Atomics by total assets, not by location.

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).

Filing takeaways

Ways to act on Pension Plan of General Atomics's numbers.