Defined Benefit (Pension) · DOL Form 5500 · 2024

General Atomics Pension Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
11,958
Participants Very large workforce
98th
Percentile by assets National rank
$86,726
Avg per participant Below avg balance/head
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Official DOL plan name: Pension Plan of General Atomics · Sponsored by General Atomics · California · Professional & Technical Services

$1.0B in assets, 11,958 participants

General Atomics's Pension Plan of General Atomics reported $1.0B in total assets and 11,958 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #19,966 in Professional & Technical Services (20,173 peers)

Coverage in California

Pension Plan of General Atomics covers 11,958 participants in California, 19x the typical California plan (state average ~630 per filing). Assets: $1.0B.

#19,966
in Professional & Technical Services (20,173 peers)
+9.7%
assets growth YoY
10×
vs typical plan assets (national mean)

Pension Plan of General Atomics's outsized position by total assets

Pension Plan of General Atomics vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,037,074,483 Top 2% higher than 98% of 123,620 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 2024

Pension Plan of General Atomics'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. Pension Plan of General Atomics is a mega filing (11,958 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Plan of General Atomics reported net income fell from $154M in the plan year 2023 filing to $84M in the plan year 2024 filing.
  • Pension Plan of General Atomics end-of-year assets rose from $945M in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
  • Pension Plan of General Atomics reported participants fell from 12,085 in the plan year 2023 filing to 11,958 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 953735102 · General Atomics PY 2024 · Defined Benefit (Pension)

Pension Plan of General Atomics · $1.0B · 11,958 · 98th

  • TYPE $1.0B
  • TYPE 11,958
  • TYPE 98th
  • TYPE Defined Benefit (Pension)
  • TYPE near Desert States Employers & Ufcw Unions Pension Plan
  • TYPE ind #19966

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 →

Pension Plan of General Atomics in the asset neighbourhood

Pension Plan of General AtomicsPension Plan of General Atom…$1.0BDesert States Employers & Ufcw Unions Pension PlanDesert States Employers & Uf…$1.0BElectrical Workers Local No. 26 Pension Trust FundElectrical Workers Local No.…$1.0BChevron Phillips Chemical Company LP Retirement PlanChevron Phillips Chemical Co…$1.0BEdison Pension Plan$1.0B
End-of-year total assets ($B) among Pension Plan of General Atomics and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$945M
Net Assets (End of Year)$1.0B
Net Income$84M
Employer EIN953735102
Plan Effective Date1967-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Atomics)

Sponsor-wide plan assets over time

All General Atomics plans reported in each filing year

Latest sponsor-wide plan assets
$3.8B 36.68831498821244% vs 2022
2024 filing year
$2.5B$3B$3.5B$4B 202220232024 $2.78B $3.8B ▲ +36.7%
Year Plans Participants Total Assets
2022 2 24,919 $2.8B
2023 2 24,141 $3.3B
2024 2 24,200 $3.8B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan of General Atomics vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -10010203040 Total assets ($B) Participants Pension Plan of General Atomics, Total assets ($B): 1.037074483 · Participants: 11958Pension Plan of General AtomicsKaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanIlwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension Plan
Pension Plan of General Atomics vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Pension Plan of General Atomics

Pension Plan of General Atomics reports $1.0B in end-of-year assets across 11,958 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $86,726 per participant (63% of the national average assets-per-participant) . Net income for plan year 2024 was $84M.

This plan identity (EIN 953735102, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $792M to $1.0B (+31.0%) while covered participants moved from 12,489 to 11,958 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,489 $792M Open filing
2023 12,085 $945M Open filing
2024 · index core 11,958 $1.0B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Pension Plan of General Atomics's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Desert States Employers & Ufcw Unions Pension Plan in AZ ($1.0B); by covered participants it is Principal Cash Balance Plan in IA (11,945 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,958 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pension Plan of General Atomics assets move in 2024?
Pension Plan of General Atomics grew at a solid clip - up 9.7% during 2024, from $945M to $1.0B. Reported net income was $84M.
How have General Atomics plan assets changed over time?
Across 3 plan years on file (2022-2024), General Atomics's sponsor-wide assets grew 36.7%, from $2.8B to $3.8B.
Where does Pension Plan of General Atomics rank by assets among Form 5500 filers?
Pension Plan of General Atomics ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan of General Atomics?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Desert States Employers & Ufcw Unions Pension Plan in AZ ($1.0B, 24,099 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of General Atomics?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Principal Cash Balance Plan in IA (11,945 participants, $1.5B in assets).