Defined Benefit (Pension) · DOL Form 5500 · 2023

The Aerospace Corporation Pension Plan

Data updated 2026-08-11

$2.1B
Total assets
2,595
Participants
99th
Percentile by assets
$822,875
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Aerospace Employees' Retirement Plan (Aerp) · Sponsored by The Aerospace Corporation · California · Professional & Technical Services

$2.1B in assets, 2,595 participants

The Aerospace Corporation's The Aerospace Employees' Retirement Plan (Aerp) reported $2.1B in total assets and 2,595 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)
  • #20,247 in Professional & Technical Services (20,321 peers)

Coverage in California

The Aerospace Employees' Retirement Plan (Aerp) covers 2,595 participants in California, 4.1x the typical California plan (state average ~630 per filing). Assets: $2.1B.

$2.1B
total plan assets (2023 EOY)
2,595
covered participants
99th
percentile by assets (of 127,072 plans)
$822,875
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Aerospace Employees' Retirement Plan (Aerp) reported net income rose from $28M in the plan year 2022 filing to $225M in the plan year 2023 filing.
  • The Aerospace Employees' Retirement Plan (Aerp) end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.1B in the plan year 2023 filing.
  • The Aerospace Employees' Retirement Plan (Aerp) reported participants fell from 2,767 in the plan year 2022 filing to 2,595 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. The Aerospace Employees' Retirement Plan (Aerp) reports 2,595 participants - 4.1x that state average ($2.1B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.1B
Net Income$225M
Employer EIN952102389
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Aerospace Corporation)

$2.5B$3B$3.5B$4B 202220232024 $2.82B $3.62B ▲ +28.4%
Total plan assets by year, all The Aerospace Corporation plans on file
Year Plans Participants Total Assets
2022 2 7,206 $2.8B
2023 2 7,912 $3.3B
2024 2 7,333 $3.6B

Nearby Defined Benefit (Pension) Plans in California

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

The Aerospace Employees' Retirement Plan (Aerp) vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

The Aerospace Employees' Retirement Plan (Aerp) vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 010203040 Total assets ($B) Participants The Aerospace Employ…Kaiser Permanente Re…Pacific Gas and Elec…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…
The Aerospace Employees' Retirement Plan (Aerp) vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Aerospace Employees' Retirement Plan (Aerp) by total assets, not by location.

Frequently Asked Questions

How did The Aerospace Employees' Retirement Plan (Aerp) assets move in 2023?
The Aerospace Employees' Retirement Plan (Aerp) grew at a solid clip - up 11.8% during 2023, from $1.9B to $2.1B. Reported net income was $225M.
How have The Aerospace Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Aerospace Corporation's sponsor-wide assets grew 28.3%, from $2.8B to $3.6B.
Where does The Aerospace Employees' Retirement Plan (Aerp) rank by assets among Form 5500 filers?
The Aerospace Employees' Retirement Plan (Aerp) 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 The Aerospace Employees' Retirement Plan (Aerp)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of Public Service Enterprise Group Incorporated II in NJ ($2.1B, 10,014 participants).

Next read for The Aerospace Employees' Retirement Plan…

Filing takeaways

Ways to act on The Aerospace Employees' Retirement Plan (Aerp)'s numbers.