Defined Benefit (Pension) · DOL Form 5500 · 2024

General Dynamics Land Systems, Inc. Pension Plan

Data updated 2026-08-11

$303M
Total assets
604
Participants
96th
Percentile by assets
$501,457
Avg per participant
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Official DOL plan name: General Dynamics Land Systems Pension Agreement · Sponsored by General Dynamics Land Systems, Inc. · Michigan · Manufacturing

$303M in assets, 604 participants

General Dynamics Land Systems, Inc.'s General Dynamics Land Systems Pension Agreement reported $303M in total assets and 604 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #16,615 in Manufacturing (17,777 peers)

Where General Dynamics Land Systems Pension Agreement sits by assets

General Dynamics Land Systems Pension Agreement sits in the top 5% of all filed plans by assets, $303M for 604 participants (~$501,457/participant), down 16.5% in 2024.

$303M
total plan assets (2024 EOY)
604
covered participants
96th
percentile by assets (of 123,622 plans)
$501,457
avg assets per participant

The plan reported a net loss of $61M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • General Dynamics Land Systems Pension Agreement reported net income fell from $6M in the plan year 2023 filing to -$61M in the plan year 2024 filing.
  • General Dynamics Land Systems Pension Agreement end-of-year assets fell from $363M in the plan year 2023 filing to $303M in the plan year 2024 filing.
  • General Dynamics Land Systems Pension Agreement reported participants fell from 637 in the plan year 2023 filing to 604 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

General Dynamics Land Systems Pension Agreement vs the 2024 asset distribution

By assets, General Dynamics Land Systems Pension Agreement outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$363M
Net Assets (End of Year)$302M
Net Income-$61M
Employer EIN540582680
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Land Systems, Inc.)

$280M$300M$320M$340M$360M$380M 202220232024 $357M $303M ▼ -15.2%
Total plan assets by year, all General Dynamics Land Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 683 $357M
2023 1 637 $363M
2024 1 604 $303M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

General Dynamics Land Systems Pension Agreement vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

General Dynamics Land Systems Pension Agreement vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants General Dynamics Lan…General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
General Dynamics Land Systems Pension Agreement vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to General Dynamics Land Systems Pension Agreement by total assets, not by location.

Frequently Asked Questions

How did General Dynamics Land Systems Pension Agreement assets move in 2024?
General Dynamics Land Systems Pension Agreement declined sharply - down 16.5% during 2024, from $363M to $303M. Reported net income was -$61M.
How have General Dynamics Land Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), General Dynamics Land Systems, Inc.'s sponsor-wide assets declined 15.2%, from $357M to $303M.
Where does General Dynamics Land Systems Pension Agreement rank by assets among Form 5500 filers?
General Dynamics Land Systems Pension Agreement ranks in the 96th 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 General Dynamics Land Systems Pension Agreement?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bass Retirement Plan in TX ($303M, 340 participants).

Next read for General Dynamics Land Systems Pension Ag…

Scale reading

Ways to act on General Dynamics Land Systems Pension Agreement's numbers.

  • By total assets, General Dynamics Land Systems Pension Agreement 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 Michigan. Compare plans
  • General Dynamics Land Systems, Inc.'s sponsor-wide assets have declined 15.2% since 2022 across 3 plan years on file. More Manufacturing plans