Defined Benefit (Pension) · DOL Form 5500 · 2024

Huntington Ingalls Industries, Inc. Pension Plan

Data updated 2026-07-24

$623M
Total assets: 7,220
Participants: 98th
Percentile by assets: $86,331
Avg per participant

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.

98th percentile by assets (of 116,472 plans)

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 ~781 per filing). Assets: $623M.

$623M
total plan assets (2024 EOY): 7,220
covered participants: 98th
percentile by assets (of 116,472 plans): $86,331
avg assets per participant

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 →

State

Virginia

Industry

Manufacturing

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan reports 7,220 participants - 9.2x that state average ($623M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$605M
Net Assets (End of Year)	$623M
Net Income	$18M
Employer EIN	900607005
Plan Effective Date	1963-08-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Huntington Ingalls Industries, Inc.)

Total plan assets by year, all Huntington Ingalls Industries, Inc. plans on file

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

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

Compare Hii Ingalls Shipbuilding, Inc. Hourly Em… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan by total assets, not by location.

Willis North America Inc. Pension Plan (TN) $623M · 551
International Brotherhood of Electrical Workers Local Union 98 Pension Plan (PA) $624M · 2,573
Avaya Pension Plan (NJ) $625M · 240
Wellstar Health System, Inc. Active Employees Retirement Plan B (GA) $620M · 12,371

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 116,472 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 Willis North America Inc. Pension Plan in TN ($623M, 551 participants).

Next read for Hii Ingalls Shipbuilding, Inc. Hourly Em…

Filing takeaways

Ways to act on Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan's numbers.

By total assets, Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan ranks in the top 5% of all filed plans by assets. 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

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.