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
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.
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 EIN | 952102389 |
| Plan Effective Date | 1961-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Aerospace Corporation)
| 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
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
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.
- Pension Plan of Public Service Enterprise Group Incorporated II (NJ) $2.1B · 10,014
- The National Football League Club Employees Pension Plan (MD) $2.1B · 5,068
- Carpenters Pension Fund of Illinois (IL) $2.1B · 4,750
- Cargill, Inc. and Associated Companies Salaried Employees Pension Plan (MN) $2.1B · 3,651
Frequently Asked Questions
How did The Aerospace Employees' Retirement Plan (Aerp) assets move in 2023? ▼
How have The Aerospace Corporation plan assets changed over time? ▼
Where does The Aerospace Employees' Retirement Plan (Aerp) rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Aerospace Employees' Retirement Plan (Aerp)? ▼
Next read for The Aerospace Employees' Retirement Plan…
Filing takeaways
Ways to act on The Aerospace Employees' Retirement Plan (Aerp)'s numbers.
- By total assets, The Aerospace Employees' Retirement Plan (Aerp) 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 California. Compare plans
- The Aerospace Corporation's sponsor-wide assets have grown 28.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans