Defined Benefit (Pension) · DOL Form 5500 · 2024
General Dynamics Corporation Pension Plan
Data updated 2026-08-25
- $2.7B
- Total assets Very large vs avg
- 2,990
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $897,349
- Avg per participant High balance/head
Official DOL plan name: General Dynamics Retirement Plan (Government) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing
$2.7B in assets, 2,990 participants
General Dynamics Corporation's General Dynamics Retirement Plan (Government) reported $2.7B in total assets and 2,990 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #17,587 in Manufacturing (17,777 peers)
Coverage in Virginia
General Dynamics Retirement Plan (Government) covers 2,990 participants in Virginia, 3.8x the typical Virginia plan (state average ~782 per filing). Assets: $2.7B.
- #17,587
- in Manufacturing (17,777 peers)
- -12.9%
- assets change YoY
- 27×
- vs typical plan assets (national mean)
The plan reported a net loss of $427M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
General Dynamics Retirement Plan (Government)'s outsized position by total assets
General Dynamics Retirement Plan (Government) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,683,072,933 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
General Dynamics Retirement Plan (Government)'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. General Dynamics Retirement Plan (Government) lands in the large band (2,990 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- General Dynamics Retirement Plan (Government) reported net income fell from $121M in the plan year 2023 filing to -$427M in the plan year 2024 filing.
- General Dynamics Retirement Plan (Government) end-of-year assets fell from $3.1B in the plan year 2023 filing to $2.7B in the plan year 2024 filing.
- General Dynamics Retirement Plan (Government) reported participants fell from 3,183 in the plan year 2023 filing to 2,990 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 131673581 · General Dynamics Corporation PY 2024 · Defined Benefit (Pension)
General Dynamics Retirement Plan (Government) · $2.7B · 2,990 · 99th
- ASSETS $2.7B
- PCT 2,990
- EIN 99th
- RANK Defined Benefit (Pension)
- PHOTO near Electrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2
- IND ind #17587
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 →
General Dynamics Retirement Plan (Government) in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $3.1B |
|---|---|
| Net Assets (End of Year) | $2.7B |
| Net Income | -$427M |
| Employer EIN | 131673581 |
| Plan Effective Date | 1956-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (General Dynamics Corporation)
Sponsor-wide plan assets over time
All General Dynamics Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $33.4B 11.992919867650146% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 16 | 107,750 | $29.9B |
| 2023 | 14 | 115,717 | $32.7B |
| 2024 | 11 | 111,719 | $33.4B |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
General Dynamics Retirement Plan (Government)'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Electrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2 in IL ($2.7B); by covered participants it is Pension Plan of the Chubb Corporation in PA (2,993 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.7B here).
- Electrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2 (IL) $2.7B · 7,085
- Teamsters Pension Trust Fund of Philadelphia & Vic (NJ) $2.7B · 8,608
- Retirement Accumulation Plan for Partners of Pwc (FL) $2.7B · 3,950
- Sound Retirement Trust (WA) $2.7B · 75,402
Similar participant headcount
Nearest other-state filings by covered participants (2,990 participants); asset peers above are excluded.
- Pension Plan of the Chubb Corporation (PA) 2,993 · 3 off
- Keycorp Consolidated Cash Balance Plan (OH) 2,997 · 7 off
- Bimbo Bakeries USA Consolidated Pension Plan (PA) 2,976 · 14 off
- Plumbers' Pension Fund, Local 130, U.a. (IL) 2,976 · 14 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.