Defined Benefit (Pension) · DOL Form 5500 · 2023

The Aerospace Corporation Pension Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
2,595
Participants Above avg headcount
99th
Percentile by assets National rank
$822,875
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#20,247
in Professional & Technical Services (20,321 peers)
+11.8%
assets growth YoY
21×
vs typical plan assets (national mean)

The Aerospace Employees' Retirement Plan (Aerp)'s outsized position by total assets

The Aerospace Employees' Retirement Plan (Aerp) vs every filed plan by assets

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

$2,135,360,204 Top 1% higher than 99% 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

The Aerospace Employees' Retirement Plan (Aerp)'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. The Aerospace Employees' Retirement Plan (Aerp) lands in the large band (2,595 participants).

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 →

Form 5500 schedule snapshot

Filing strip 952102389 · The Aerospace Corporation PY 2023 · Defined Benefit (Pension)

The Aerospace Employees' Retirement Plan (Aerp) · $2.1B · 2,595 · 99th

  • VS-ST $2.1B
  • VS-ST 2,595
  • VS-ST 99th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Pension Plan of Public Service Enterprise Group Incorporated II
  • VS-ST ind #20247

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 Professional & Technical Services retirement plans → · Plans in California →

The Aerospace Employees' Retirement Plan (Aerp) in the asset neighbourhood

The Aerospace Employees' Retirement Plan (Aerp)The Aerospace Employees' Ret…$2.1BCarpenters Pension Fund of IllinoisCarpenters Pension Fund of I…$2.1BPension Plan of Public Service Enterprise Group Incorporated IIPension Plan of Public Servi…$2.1BThe National Football League Club Employees Pension PlanThe National Football League…$2.1BCargill, Inc. and Associated Companies Salaried Employees Pension PlanCargill, Inc. and Associated…$2.1B
End-of-year total assets ($B) among The Aerospace Employees' Retirement Plan (Aerp) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All The Aerospace Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.6B 28.286292771651972% vs 2022
2024 filing year
$2.5B$3B$3.5B$4B 202220232024 $2.82B $3.62B ▲ +28.4%
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 Scatter plot of 6 data points. -50000050000100000150000 010203040 Total assets ($B) Participants The Aerospace Employees' Retirement Plan (Aerp), Total assets ($B): 2.135360204 · Participants: 2595The Aerospace Employees' Retirement Plan (Aerp)Kaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
The Aerospace Employees' Retirement Plan (Aerp) vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

The Aerospace Employees' Retirement Plan (Aerp)'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Pension Plan of Public Service Enterprise Group Incorporated II in NJ ($2.1B); by covered participants it is Freeport Minerals Corporation Retirement Plan in AZ (2,597 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,595 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Aerospace Employees' Retirement Plan (Aerp)? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Freeport Minerals Corporation Retirement Plan in AZ (2,597 participants, $1.4B in assets).