Defined Benefit (Pension) · DOL Form 5500 · 2024
Huntington Ingalls Industries, Inc. Pension Plan
Data updated 2026-08-11
- $3.5B
- Total assets
- 4,990
- Participants
- 100th
- Percentile by assets
- $709,934
- Avg per participant
Official DOL plan name: Hii Newport News Shipbuilding, Inc. Retirement Plan · Sponsored by Huntington Ingalls Industries, Inc. · Virginia · Manufacturing
$3.5B in assets, 4,990 participants
Huntington Ingalls Industries, Inc.'s Hii Newport News Shipbuilding, Inc. Retirement Plan reported $3.5B in total assets and 4,990 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 123,622 plans)
- #17,626 in Manufacturing (17,777 peers)
Coverage in Virginia
Hii Newport News Shipbuilding, Inc. Retirement Plan covers 4,990 participants in Virginia, 6.4x the typical Virginia plan (state average ~782 per filing). Assets: $3.5B.
- $3.5B
- total plan assets (2024 EOY)
- 4,990
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $709,934
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Hii Newport News Shipbuilding, Inc. Retirement Plan reported net income rose from $90M in the plan year 2023 filing to $130M in the plan year 2024 filing.
- Hii Newport News Shipbuilding, Inc. Retirement Plan reported participants fell from 5,389 in the plan year 2023 filing to 4,990 in the plan year 2024 filing.
- Hii Newport News Shipbuilding, Inc. Retirement Plan end-of-year assets rose from $3.4B in the plan year 2023 filing to $3.5B in the plan year 2024 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Hii Newport News Shipbuilding, Inc. Retirement Plan reports 4,990 participants - 6.4x that state average ($3.5B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $3.4B |
|---|---|
| Net Assets (End of Year) | $3.5B |
| Net Income | $130M |
| Employer EIN | 900607005 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Huntington Ingalls Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 9 | 58,788 | $12.0B |
| 2023 | 8 | 67,177 | $12.9B |
| 2024 | 8 | 67,908 | $13.5B |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Hii Newport News Shipbuilding, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
- Northrop Grumman Pension Plan $18.8B · 12,678
- Retirement Security Plan $11.5B · 56,633
- Sheet Metal Workers' National Pension Fund $8.9B · 63,530
- Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
- Dominion Energy Pension Plan $8.3B · 11,758
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Hii Newport News Shipbuilding, Inc. Retirement Plan by total assets, not by location.
- Building Trades United Pension Trust Fund Milwaukee and Vicinity (WI) $3.5B · 10,236
- California Ironworkers Field Pension Trust (CA) $3.5B · 9,792
- Co-Op Retirement Plan (MO) $3.5B · 15,151
- Parker Defined Benefit Pension Plan (OH) $3.5B · 8,120
Frequently Asked Questions
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Filing takeaways
Ways to act on Hii Newport News Shipbuilding, Inc. Retirement Plan's numbers.
- By total assets, Hii Newport News Shipbuilding, Inc. Retirement Plan 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 Virginia. Compare plans
- Huntington Ingalls Industries, Inc.'s sponsor-wide assets have grown 12.9% since 2022 across 3 plan years on file. More Manufacturing plans