Defined Benefit (Pension) · DOL Form 5500 · 2023
Huntington Ingalls Industries, Inc. Pension Plan
Data updated 2026-08-11
- $3.4B
- Total assets
- 5,389
- Participants
- 100th
- Percentile by assets
- $633,401
- Avg per participant
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.
- 100th percentile by assets (of 127,072 plans)
- #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.
- $3.4B
- total plan assets (2023 EOY)
- 5,389
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $633,401
- avg assets per participant
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.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Hii Newport News Shipbuilding, Inc. Retirement Plan reports 5,389 participants - 6.9x that state average ($3.4B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $3.3B |
|---|---|
| Net Assets (End of Year) | $3.4B |
| Net Income | $90M |
| Employer EIN | 900607005 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Huntington Ingalls Industries, Inc.)
| 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
- Northrop Grumman Pension Plan $19.1B · 13,674
- Retirement Security Plan $10.2B · 54,171
- Ng Space&mission Systems Corp Salaried Pension Pla $8.5B · 7,117
- Sheet Metal Workers' National Pension Fund $8.3B · 61,272
- Dominion Energy Pension Plan $7.6B · 12,263
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:
- Huntington Ingalls Industries Savings Plan (401(k), $6.0B, 37,028 participants)
- Hii Newport News Shipbuilding, Inc. Retirement Plan (Defined Benefit (Pension), $3.5B, 4,990 participants)
- Huntington Ingalls Industries Retirement Plan B (Defined Benefit (Pension), $1.4B, 2,051 participants)
- Huntington Ingalls Industries, Inc. Newport News Operations Pension Plan for Employees Covered by United Steelworkers Local 8888 Cba (Defined Benefit (Pension), $1.4B, 6,410 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Hii Newport News Shipbuilding, Inc. Retirement Plan by total assets, not by location.
- Msi Pension Plan (IL) $3.4B · 2,036
- Honda Retirement Plan (CA) $3.4B · 8,837
- Bakery & Confectionery Union & Industry International Pension Fund (MD) $3.4B · 14,666
- Georgia-Pacific LLC Hourly Pension Plan (GA) $3.4B · 7,873
Frequently Asked Questions
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Filing takeaways
Ways to act on Hii Newport News Shipbuilding, Inc. Retirement Plan's numbers.
- By total assets, Hii Newport News Shipbuilding, Inc. Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
- Huntington Ingalls Industries, Inc.'s sponsor-wide assets have grown 12.9% since 2022 across 3 plan years on file. More Manufacturing plans