ESOP · DOL Form 5500 · 2024

Lockheed Martin Corporation ESOP

Data updated 2026-07-24

$16M
Total assets: 4,157
Participants: 66th
Percentile by assets: $3,940
Avg per participant

Official DOL plan name: Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing

$16M in assets, 4,157 participants

Lockheed Martin Corporation's Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees reported $16M in total assets and 4,157 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

66th percentile by assets (of 116,472 plans)

Coverage in Maryland

Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees covers 4,157 participants in Maryland, 4.3x the typical Maryland plan (state average ~971 per filing). Assets: $16M.

$16M
total plan assets (2024 EOY): 4,157
covered participants: 66th
percentile by assets (of 116,472 plans): $3,940
avg assets per participant

Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees reported net income fell from $7M in the plan year 2023 filing to $3M in the plan year 2024 filing.
Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees end-of-year assets fell from $39M in the plan year 2023 filing to $16M in the plan year 2024 filing.
Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees reported participants rose from 3,867 in the plan year 2023 filing to 4,157 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Manufacturing

Participants vs Maryland filers

In Maryland, the average filing covers about 971 participants across 2,307 plans. Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees reports 4,157 participants - 4.3x that state average ($16M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)	$39M
Net Assets (End of Year)	$16M
Net Income	$3M
Employer EIN	521893632
Plan Effective Date	1985-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lockheed Martin Corporation)

Total plan assets by year, all Lockheed Martin Corporation plans on file

Year	Plans	Participants	Total Assets
2022	13	161,436	$72.0B
2023	13	169,542	$77.9B
2024	12	172,051	$79.7B

Nearby ESOP Plans in Maryland

Peer ESOP plans, same state, same plan type, ranked by total assets.

Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees vs. nearby ESOP plans in Maryland, assets vs. participants

Evapco, Inc. Employee Stock Ownership Plan $1.1B · 1,803
Westat, Inc. Employee Stock Ownership Plan $419M · 3,167
Kci Technologies, Inc. Employee Stock Ownership Plan $392M · 1,918
Lockheed Martin Corporation Capital Accumulation Plan $284M · 7,445
Brown Capital Management ESOP $211M · 35

Compare Lockheed Martin Corporation Capital Accu… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees by total assets, not by location.

Parasec Employee Stock Ownership Plan and Trust (CA) $16M · 94
Midwest Equipment Company Employee Stock Ownership Plan (MO) $16M · 73
East Coast Appliance Employee Stock Ownership Plan (VA) $16M · 85
Columbus Chemical Industries, Inc. Employee Stock Ownership Plan (WI) $16M · 66

Frequently Asked Questions

How did Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees assets move in 2024? ▼

Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees contracted severely - down 58.0% during 2024, from $39M to $16M. Reported net income was $3M.

How have Lockheed Martin Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lockheed Martin Corporation's sponsor-wide assets grew 10.8%, from $72.0B to $79.7B.

Which ESOP plans are similar in size to Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees? ▼

Among ESOP plans in other states, the closest by assets is Parasec Employee Stock Ownership Plan and Trust in CA ($16M, 94 participants).

Next read for Lockheed Martin Corporation Capital Accu…

Filing takeaways

Ways to act on Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees's numbers.

By total assets, Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees ranks above the median plan by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Maryland. Compare plans
Lockheed Martin Corporation's sponsor-wide assets have grown 10.8% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521893632.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.