401(k) · DOL Form 5500 · 2024
Lockheed Martin Corporation 401(k) Plan
Data updated 2026-08-25
- $51.4B
- Total assets Mega-plan scale
- 96,812
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $531,428
- Avg per participant High balance/head
Official DOL plan name: Lockheed Martin Corporation Salaried Savings Plan · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$51.4B in assets, 96,812 participants
Lockheed Martin Corporation's Lockheed Martin Corporation Salaried Savings Plan reported $51.4B in total assets and 96,812 participants in its 2024 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.
- #17,775 in Manufacturing (17,777 peers)
Coverage in Maryland
Lockheed Martin Corporation Salaried Savings Plan covers 96,812 participants in Maryland, 104x the typical Maryland plan (state average ~929 per filing). Assets: $51.4B.
- #17,775
- in Manufacturing (17,777 peers)
- +8.8%
- assets growth YoY
- 516×
- vs typical plan assets (national mean)
Lockheed Martin Corporation Salaried Savings Plan's outsized position by total assets
Lockheed Martin Corporation Salaried Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$51,448,624,264 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Lockheed Martin Corporation Salaried Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lockheed Martin Corporation Salaried Savings Plan is a mega filing (96,812 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lockheed Martin Corporation Salaried Savings Plan reported net income rose from $3.6B in the plan year 2023 filing to $4.2B in the plan year 2024 filing.
- Lockheed Martin Corporation Salaried Savings Plan end-of-year assets rose from $47.3B in the plan year 2023 filing to $51.4B in the plan year 2024 filing.
- Lockheed Martin Corporation Salaried Savings Plan reported participants rose from 91,511 in the plan year 2023 filing to 96,812 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 521893632 · Lockheed Martin Corporation PY 2024 · 401(k)
Lockheed Martin Corporation Salaried Savings Plan · $51.4B · 96,812 · 100th
- VS-ST $51.4B
- VS-ST 96,812
- VS-ST 100th
- VS-ST 401(k)
- VS-ST near Walmart 401(k) Plan
- VS-ST ind #17775
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 Manufacturing retirement plans → · Plans in Maryland →
Lockheed Martin Corporation Salaried Savings Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $47.3B |
|---|---|
| Net Assets (End of Year) | $51.4B |
| Net Income | $4.2B |
| Employer EIN | 521893632 |
| Plan Effective Date | 1965-12-27 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lockheed Martin Corporation)
Sponsor-wide plan assets over time
All Lockheed Martin Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $79.7B 10.755104430097978% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 13 | 161,436 | $72.0B |
| 2023 | 13 | 169,542 | $77.9B |
| 2024 | 12 | 172,051 | $79.7B |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Marriott Retirement Savings Plan $11.7B · 101,417
- T. Rowe Price U.S. Retirement Program $4.9B · 6,639
- Nfl Player Second Career Savings Plan $4.1B · 2,771
- Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees $3.0B · 18,370
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.4B · 86,365
Scale composition for Lockheed Martin Corporation Salaried Savings Plan
Lockheed Martin Corporation Salaried Savings Plan reports $51.4B in end-of-year assets across 96,812 participants (0.42% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.10% of 93,925,755 covered participants) - about $531,428 per participant (3.8x the national average assets-per-participant) . Net income for plan year 2024 was $4.2B.
This plan identity (EIN 521893632, plan #017) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $43.6B to $51.4B (+17.9%) while covered participants moved from 87,666 to 96,812 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 87,666 | $43.6B | Open filing |
| 2023 | 91,511 | $47.3B | Open filing |
| 2024 · index core | 96,812 | $51.4B | This page |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Lockheed Martin Corporation Salaried Employee Retirement Program (Defined Benefit (Pension), $18.3B, 18,014 participants)
- Retirement Plan for Certain Represented Employees (Defined Benefit (Pension), $3.2B, 6,769 participants)
- Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees (401(k), $3.0B, 18,370 participants)
- Lockheed Martin Aerospace Hourly Pension Plan (Defined Benefit (Pension), $2.3B, 4,011 participants)
Lockheed Martin Corporation Salaried Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Walmart 401(k) Plan in AR ($50.8B); by covered participants it is I.a.T.S.E. Annuity Fund in NY (97,266 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($51.4B here).
- Walmart 401(k) Plan (AR) $50.8B · 1,635,899
- JPMorgan Chase 401(k) Savings Plan (NJ) $52.9B · 185,532
- Google LLC 401(k) Savings Plan (CA) $48.7B · 116,712
- Wells Fargo & Company 401(k) Plan (MN) $57.9B · 179,076
Similar participant headcount
Nearest other-state filings by covered participants (96,812 participants); asset peers above are excluded.
- I.a.T.S.E. Annuity Fund (NY) 97,266 · 454 off
- UPS 401(k) Savings Plan (GA) 95,250 · 1,562 off
- Upmc 401(a) Retirement Savings Plan (PA) 98,482 · 1,670 off
- Disney Hourly Savings and Investment Plan (CA) 98,653 · 1,841 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.