401(k) · DOL Form 5500 · 2024

Bae Systems, Inc. 401(k) Plan

Data updated 2026-07-24

$10.6B
Total assets: 32,246
Participants: 100th
Percentile by assets: $329,472
Avg per participant

Official DOL plan name: Bae Systems Employees' Savings and Investment Plan · Sponsored by Bae Systems, Inc. · Virginia · Manufacturing

$10.6B in assets, 32,246 participants

Bae Systems, Inc.'s Bae Systems Employees' Savings and Investment Plan reported $10.6B in total assets and 32,246 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.

100th percentile by assets (of 116,472 plans)

Coverage in Virginia

Bae Systems Employees' Savings and Investment Plan covers 32,246 participants in Virginia, 41x the typical Virginia plan (state average ~781 per filing). Assets: $10.6B.

$10.6B
total plan assets (2024 EOY): 32,246
covered participants: 100th
percentile by assets (of 116,472 plans): $329,472
avg assets per participant

Bae Systems Employees' Savings and Investment Plan end-of-year assets rose from $9.4B in the plan year 2023 filing to $10.6B in the plan year 2024 filing.
Bae Systems Employees' Savings and Investment Plan reported net income rose from $1.2B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
Bae Systems Employees' Savings and Investment Plan reported participants rose from 31,681 in the plan year 2023 filing to 32,246 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Manufacturing

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Bae Systems Employees' Savings and Investment Plan reports 32,246 participants - 41x that state average ($10.6B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$9.4B
Net Assets (End of Year)	$10.6B
Net Income	$1.2B
Employer EIN	223537950
Plan Effective Date	1987-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bae Systems, Inc.)

Total plan assets by year, all Bae Systems, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	39,412	$12.4B
2023	2	39,354	$12.8B
2024	3	44,583	$14.3B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bae Systems Employees' Savings and Investment Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Northrop Grumman Savings Plan $39.5B · 104,719
401(k) Pension Plan $16.8B · 62,869
General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
Leidos, Inc. Retirement Plan $11.8B · 29,734

Compare Bae Systems Employees' Savings and Inves… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bae Systems Employees' Savings and Investment Plan by total assets, not by location.

3M Voluntary Investment Plan and Employee Stock Ownership Plan (MN) $10.6B · 32,964
The Sherwin-Williams Company 401(k) Plan (OH) $10.6B · 47,459
GE Healthcare Retirement Savings Plan (IL) $10.5B · 16,216
The Prudential Employee Savings Plan (NJ) $10.7B · 17,685

Frequently Asked Questions

How did Bae Systems Employees' Savings and Investment Plan assets move in 2024? ▼

Bae Systems Employees' Savings and Investment Plan grew at a solid clip - up 12.9% during 2024, from $9.4B to $10.6B. Reported net income was $1.2B.

How have Bae Systems, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bae Systems, Inc.'s sponsor-wide assets grew 15.1%, from $12.4B to $14.3B.

Where does Bae Systems Employees' Savings and Investment Plan rank by assets among Form 5500 filers? ▼

Bae Systems Employees' Savings and Investment Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Bae Systems Employees' Savings and Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is 3M Voluntary Investment Plan and Employee Stock Ownership Plan in MN ($10.6B, 32,964 participants).

Next read for Bae Systems Employees' Savings and Inves…

Filing takeaways

Ways to act on Bae Systems Employees' Savings and Investment Plan's numbers.

By total assets, Bae Systems Employees' Savings and Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
Bae Systems, Inc.'s sponsor-wide assets have grown 15.1% 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 223537950.

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.