Defined Benefit (Pension) · DOL Form 5500 · 2024

Huntington Ingalls Industries, Inc. Pension Plan

Data updated 2026-08-25

$3.5B
Total assets Very large vs avg
4,990
Participants Above avg headcount
100th
Percentile by assets National rank
$709,934
Avg per participant High balance/head
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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.

  • #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.

#17,626
in Manufacturing (17,777 peers)
+3.8%
assets growth YoY
36×
vs typical plan assets (national mean)

Hii Newport News Shipbuilding, Inc. Retirement Plan's outsized position by total assets

Hii Newport News Shipbuilding, Inc. Retirement Plan vs every filed plan by assets

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

$3,542,571,085 Highest reported value at or above every one 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

Hii Newport News Shipbuilding, Inc. Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hii Newport News Shipbuilding, Inc. Retirement Plan lands in the large band (4,990 participants).

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 900607005 · Huntington Ingalls Industries, Inc. PY 2024 · Defined Benefit (Pension)

Hii Newport News Shipbuilding, Inc. Retirement Plan · $3.5B · 4,990 · 100th

  • EOY $3.5B
  • 5500 4,990
  • ASSETS 100th
  • PCT Defined Benefit (Pension)
  • EIN near Building Trades United Pension Trust Fund Milwaukee and Vicinity
  • RANK ind #17626

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 Virginia →

Hii Newport News Shipbuilding, Inc. Retirement Plan in the asset neighbourhood

Hii Newport News Shipbuilding, Inc. Retirement PlanHii Newport News Shipbuildin…$3.5BBuilding Trades United Pension Trust Fund Milwaukee and VicinityBuilding Trades United Pensi…$3.5BCalifornia Ironworkers Field Pension TrustCalifornia Ironworkers Field…$3.5BCo-Op Retirement Plan$3.5BParker Defined Benefit Pension PlanParker Defined Benefit Pensi…$3.5B
End-of-year total assets ($B) among Hii Newport News Shipbuilding, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$3.4B
Net Assets (End of Year)$3.5B
Net Income$130M
Employer EIN900607005
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Huntington Ingalls Industries, Inc.)

Sponsor-wide plan assets over time

All Huntington Ingalls Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13.5B 12.852013002558147% vs 2022
2024 filing year
$11.5B$12B$12.5B$13B$13.5B$14B 202220232024 $12B $13.5B ▲ +12.8%
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 Scatter plot of 6 data points. 020000400006000080000 05101520 Total assets ($B) Participants Hii Newport News Shipbuilding, Inc. Retirement Plan, Total assets ($B): 3.542571085 · Participants: 4990Hii Newport News Shipbuilding, Inc. Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Hii Newport News Shipbuilding, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Hii Newport News Shipbuilding, Inc. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI ($3.5B); by covered participants it is Salt River Project Employees' Retirement Plan in AZ (4,989 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,990 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 Hii Newport News Shipbuilding, Inc. Retirement Plan assets move in 2024? ▼
Hii Newport News Shipbuilding, Inc. Retirement Plan edged up modestly - up 3.8% during 2024, from $3.4B to $3.5B. Reported net income was $130M.
How have Huntington Ingalls Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Huntington Ingalls Industries, Inc.'s sponsor-wide assets grew 12.9%, from $12.0B to $13.5B.
Where does Hii Newport News Shipbuilding, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Hii Newport News Shipbuilding, Inc. Retirement Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Hii Newport News Shipbuilding, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Building Trades United Pension Trust Fund Milwaukee and Vicinity in WI ($3.5B, 10,236 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hii Newport News Shipbuilding, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Salt River Project Employees' Retirement Plan in AZ (4,989 participants, $2.9B in assets).