Defined Benefit (Pension) · DOL Form 5500 · 2023

Huntington Ingalls Industries, Inc. Pension Plan

Data updated 2026-08-25

$3.4B
Total assets Very large vs avg
5,389
Participants Above avg headcount
100th
Percentile by assets National rank
$633,401
Avg per participant High balance/head
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Official DOL plan name: Hii Newport News Shipbuilding, Inc. Retirement Plan · Sponsored by Huntington Ingalls Industries, Inc. · Virginia · Manufacturing

$3.4B in assets, 5,389 participants

Huntington Ingalls Industries, Inc.'s Hii Newport News Shipbuilding, Inc. Retirement Plan reported $3.4B in total assets and 5,389 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.

  • #18,570 in Manufacturing (18,722 peers)

Coverage in Virginia

Hii Newport News Shipbuilding, Inc. Retirement Plan covers 5,389 participants in Virginia, 6.9x the typical Virginia plan (state average ~782 per filing). Assets: $3.4B.

#18,570
in Manufacturing (18,722 peers)
+2.9%
assets growth YoY
34×
vs typical plan assets (national mean)

Hii Newport News Shipbuilding, Inc. Retirement Plan's outsized position by total assets

Hii Newport News Shipbuilding, Inc. Retirement Plan vs every filed plan by assets

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

$3,413,399,536 Highest reported value at or above every one 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 Newport News Shipbuilding, Inc. 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 Newport News Shipbuilding, Inc. Retirement Plan lands in the large band (5,389 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hii Newport News Shipbuilding, Inc. Retirement Plan reported net income rose from -$762M in the plan year 2022 filing to $90M in the plan year 2023 filing.
  • Hii Newport News Shipbuilding, Inc. Retirement Plan reported participants fell from 5,995 in the plan year 2022 filing to 5,389 in the plan year 2023 filing.
  • Hii Newport News Shipbuilding, Inc. Retirement Plan end-of-year assets rose from $3.3B in the plan year 2022 filing to $3.4B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

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

Hii Newport News Shipbuilding, Inc. Retirement Plan · $3.4B · 5,389 · 100th

  • TYPE $3.4B
  • TYPE 5,389
  • TYPE 100th
  • TYPE Defined Benefit (Pension)
  • TYPE near Msi Pension Plan
  • TYPE ind #18570

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 Newport News Shipbuilding, Inc. Retirement Plan in the asset neighbourhood

Honda Retirement Plan$3.4BHii Newport News Shipbuilding, Inc. Retirement PlanHii Newport News Shipbuildin…$3.4BMsi Pension Plan$3.4BBakery & Confectionery Union & Industry International Pension FundBakery & Confectionery Union…$3.4BGeorgia-Pacific LLC Hourly Pension PlanGeorgia-Pacific LLC Hourly P…$3.4B
End-of-year total assets ($B) among Hii Newport News Shipbuilding, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$3.3B
Net Assets (End of Year)$3.4B
Net Income$90M
Employer EIN900607005
Plan Effective Date1997-01-01
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 Newport News Shipbuilding, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants Hii Newport News Shipbuilding, Inc. Retirement Plan, Total assets ($B): 3.413399536 · Participants: 5389Hii Newport News Shipbuilding, Inc. 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 Newport News Shipbuilding, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Scale composition for Hii Newport News Shipbuilding, Inc. Retirement Plan

Hii Newport News Shipbuilding, Inc. Retirement Plan reports $3.4B in end-of-year assets across 5,389 participants (0.028% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $633,401 per participant (4.6x the national average assets-per-participant) . Net income for plan year 2023 was $90M.

This plan identity (EIN 900607005, plan #100) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $3.5B (+6.8%) while covered participants moved from 5,995 to 4,990 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,995 $3.3B Open filing
2023 5,389 $3.4B This page
2024 · index core 4,990 $3.5B Open filing

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

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Msi Pension Plan in IL ($3.4B); by covered participants it is Ufcw Local 1262 & Employers Pension Fund in NJ (5,385 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,389 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 Newport News Shipbuilding, Inc. Retirement Plan assets move in 2023? ▼
Hii Newport News Shipbuilding, Inc. Retirement Plan edged up modestly - up 2.9% during 2023, from $3.3B to $3.4B. Reported net income was $90M.
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 Newport News Shipbuilding, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Hii Newport News Shipbuilding, Inc. Retirement Plan ranks in the 100th 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 Hii Newport News Shipbuilding, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Msi Pension Plan in IL ($3.4B, 2,036 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hii Newport News Shipbuilding, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw Local 1262 & Employers Pension Fund in NJ (5,385 participants, $971M in assets).