Defined Benefit (Pension) · DOL Form 5500 · 2024

Huntington Ingalls Industries, Inc. Pension Plan

Data updated 2026-08-25

$623M
Total assets Above avg plan size
7,220
Participants Very large workforce
98th
Percentile by assets National rank
$86,331
Avg per participant Below avg balance/head
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Official DOL plan name: Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan · Sponsored by Huntington Ingalls Industries, Inc. · Virginia · Manufacturing

$623M in assets, 7,220 participants

Huntington Ingalls Industries, Inc.'s Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reported $623M in total assets and 7,220 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.

  • #17,109 in Manufacturing (17,777 peers)

Coverage in Virginia

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan covers 7,220 participants in Virginia, 9.2x the typical Virginia plan (state average ~782 per filing). Assets: $623M.

#17,109
in Manufacturing (17,777 peers)
+3.0%
assets growth YoY
6.3×
vs typical plan assets (national mean)

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan's outsized position by total assets

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs every filed plan by assets

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

$623,311,455 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

Hii Ingalls Shipbuilding, Inc. Hourly Employees' 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 Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan lands in the large band (7,220 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reported net income rose from -$7M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reported participants rose from 6,658 in the plan year 2023 filing to 7,220 in the plan year 2024 filing.
  • Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan end-of-year assets rose from $605M in the plan year 2023 filing to $623M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

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

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan · $623M · 7,220 · 98th

  • ASSETS $623M
  • ASSETS 7,220
  • ASSETS 98th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Plumbers & Pipefitters Local Unions 502 & 633 Pens
  • ASSETS ind #17109

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 Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan in the asset neighbourhood

32bj School Workers Pension Fund32bj School Workers Pension …$625MInternational Brotherhood of Electrical Workers Local Union 98 Pension PlanInternational Brotherhood of…$624MHii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement PlanHii Ingalls Shipbuilding, In…$623MPlumbers & Pipefitters Local Unions 502 & 633 PensPlumbers & Pipefitters Local…$623MWillis North America Inc. Pension PlanWillis North America Inc. Pe…$623M
End-of-year total assets ($M) among Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$605M
Net Assets (End of Year)$623M
Net Income$18M
Employer EIN900607005
Plan Effective Date1963-08-01
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 Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan, Total assets ($B): 0.623311455 · Participants: 7220Hii Ingalls Shipbuilding, Inc. Hourly Employees' 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 Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan side-by-side with 3 peers →

Scale composition for Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reports $623M in end-of-year assets across 7,220 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $86,331 per participant (62% of the national average assets-per-participant) . Net income for plan year 2024 was $18M.

This plan identity (EIN 900607005, plan #305) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $612M to $623M (+1.9%) while covered participants moved from 6,805 to 7,220 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,805 $612M Open filing
2023 6,658 $605M Open filing
2024 · index core 7,220 $623M This page

The same sponsor also keeps 4 other index-core plans on PlainRetire:

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

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Plumbers & Pipefitters Local Unions 502 & 633 Pens in MI ($623M); by covered participants it is Voya Retirement Plan in GA (7,216 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,220 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 Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan assets move in 2024? ▼
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan edged up modestly - up 3.0% during 2024, from $605M to $623M. Reported net income was $18M.
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 Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan 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 Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers & Pipefitters Local Unions 502 & 633 Pens in MI ($623M, 2,160 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Voya Retirement Plan in GA (7,216 participants, $1.8B in assets).

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 900607005.

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.