Defined Benefit (Pension) · DOL Form 5500 · 2023

Huntington Ingalls Industries, Inc. Pension Plan

Data updated 2026-08-25

$605M
Total assets Above avg plan size
6,658
Participants Above avg headcount
98th
Percentile by assets National rank
$90,881
Avg per participant Below avg balance/head
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Official DOL plan name: Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan · Sponsored by Huntington Ingalls Industries, Inc. · Virginia · Manufacturing

$605M in assets, 6,658 participants

Huntington Ingalls Industries, Inc.'s Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reported $605M in total assets and 6,658 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #18,041 in Manufacturing (18,722 peers)

Coverage in Virginia

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan covers 6,658 participants in Virginia, 8.5x the typical Virginia plan (state average ~782 per filing). Assets: $605M.

#18,041
in Manufacturing (18,722 peers)
-1.1%
assets change YoY
6.1×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan's outsized position by total assets

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs every filed plan by assets

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

$605,086,552 Top 2% higher than 98% 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

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan'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. Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan lands in the large band (6,658 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reported net income rose from -$149M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reported participants fell from 6,805 in the plan year 2022 filing to 6,658 in the plan year 2023 filing.
  • Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan end-of-year assets fell from $612M in the plan year 2022 filing to $605M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 900607005 · Huntington Ingalls Industries, Inc. PY 2023 · Defined Benefit (Pension)

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan · $605M · 6,658 · 98th

  • TYPE $605M
  • NET 6,658
  • BOOK 98th
  • VS-ST Defined Benefit (Pension)
  • BOY near Trustage Pension Plan for Non-Represented Employees
  • SCH ind #18041

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 →

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan in the asset neighbourhood

Officemax Consolidated Pension PlanOfficemax Consolidated Pensi…$607MTrustage Pension Plan for Non-Represented EmployeesTrustage Pension Plan for No…$605MLevi Strauss & Co. Pension PlanLevi Strauss & Co. Pension P…$605MHii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement PlanHii Ingalls Shipbuilding, In…$605MTiffany and Company Pension PlanTiffany and Company Pension …$603M
End-of-year total assets ($M) among Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$612M
Net Assets (End of Year)$605M
Net Income-$7M
Employer EIN900607005
Plan Effective Date1963-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Huntington Ingalls Industries, Inc.)

Sponsor-wide plan assets over time

All Huntington Ingalls Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13.5B 12.852013002558147% vs 2022
2024 filing year
$11.5B$12B$12.5B$13B$13.5B$14B 202220232024 $12B $13.5B ▲ +12.8%
Year Plans Participants Total Assets
2022 9 58,788 $12.0B
2023 8 67,177 $12.9B
2024 8 67,908 $13.5B

Nearby Defined Benefit (Pension) Plans in Virginia

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

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan, Total assets ($B): 0.605086552 · Participants: 6658Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement PlanNorthrop 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 Plan
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan side-by-side with 3 peers →

Scale composition for Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reports $605M in end-of-year assets across 6,658 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $90,881 per participant (66% of the national average assets-per-participant) . Net income for plan year 2023 was -$7M.

This plan identity (EIN 900607005, plan #305) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $612M to $623M (+1.9%) while covered participants moved from 6,805 to 7,220 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,805 $612M Open filing
2023 6,658 $605M This page
2024 · index core 7,220 $623M Open filing

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

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Trustage Pension Plan for Non-Represented Employees in WI ($605M); by covered participants it is The Cultural Institutions Pension Plan in NY (6,665 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($605M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,658 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 Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan assets move in 2023? ▼
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan edged down modestly - down 1.1% during 2023, from $612M to $605M. Reported net income was -$7M.
How have Huntington Ingalls Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Huntington Ingalls Industries, Inc.'s sponsor-wide assets grew 12.9%, from $12.0B to $13.5B.
Where does Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Trustage Pension Plan for Non-Represented Employees in WI ($605M, 2,274 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Cultural Institutions Pension Plan in NY (6,665 participants, $1.6B 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 900607005.

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.