Defined Benefit (Pension) · DOL Form 5500 · 2024
General Dynamics Corporation Pension Plan
Data updated 2026-08-25
- $4.1B
- Total assets Very large vs avg
- 7,035
- Participants Above avg headcount
- 100th
- Percentile by assets National rank
- $580,572
- Avg per participant High balance/head
Official DOL plan name: General Dynamics Retirement Plan (Electric Boat and Mission Systems) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing
$4.1B in assets, 7,035 participants
General Dynamics Corporation's General Dynamics Retirement Plan (Electric Boat and Mission Systems) reported $4.1B in total assets and 7,035 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.
- #17,644 in Manufacturing (17,777 peers)
Coverage in Virginia
General Dynamics Retirement Plan (Electric Boat and Mission Systems) covers 7,035 participants in Virginia, 9.0x the typical Virginia plan (state average ~782 per filing). Assets: $4.1B.
- #17,644
- in Manufacturing (17,777 peers)
- -9.8%
- assets change YoY
- 41×
- vs typical plan assets (national mean)
The plan reported a net loss of $446M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
General Dynamics Retirement Plan (Electric Boat and Mission Systems)'s outsized position by total assets
General Dynamics Retirement Plan (Electric Boat and Mission Systems) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$4,084,326,830 Highest reported value at or above every one 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 (Electric Boat and Mission Systems)'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 (Electric Boat and Mission Systems) lands in the large band (7,035 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- General Dynamics Retirement Plan (Electric Boat and Mission Systems) reported net income fell from $95M in the plan year 2023 filing to -$446M in the plan year 2024 filing.
- General Dynamics Retirement Plan (Electric Boat and Mission Systems) reported participants rose from 5,069 in the plan year 2023 filing to 7,035 in the plan year 2024 filing.
- General Dynamics Retirement Plan (Electric Boat and Mission Systems) end-of-year assets fell from $4.5B in the plan year 2023 filing to $4.1B in the plan year 2024 filing.
DOL schedule card
Filing strip 131673581 · General Dynamics Corporation PY 2024 · Defined Benefit (Pension)
General Dynamics Retirement Plan (Electric Boat and Mission Systems) · $4.1B · 7,035 · 100th
- TYPE $4.1B
- TYPE 7,035
- TYPE 100th
- TYPE Defined Benefit (Pension)
- TYPE near American Electric Power System Retirement Plan
- TYPE ind #17644
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 (Electric Boat and Mission Systems) in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $4.5B |
|---|---|
| Net Assets (End of Year) | $4.1B |
| Net Income | -$446M |
| Employer EIN | 131673581 |
| Plan Effective Date | 2017-01-01 |
| 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
Scale composition for General Dynamics Retirement Plan (Electric Boat and Mission Systems)
General Dynamics Retirement Plan (Electric Boat and Mission Systems) reports $4.1B in end-of-year assets across 7,035 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $580,572 per participant (4.2x the national average assets-per-participant) . Net income for plan year 2024 was -$446M.
This plan identity (EIN 131673581, plan #070) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.6B to $4.1B (+57.7%) while covered participants moved from 5,557 to 7,035 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,557 | $2.6B | Open filing |
| 2023 | 5,069 | $4.5B | Open filing |
| 2024 · index core | 7,035 | $4.1B | This page |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- General Dynamics Corporation 401(k) Plan 6.0 (401(k), $12.4B, 49,414 participants)
- General Dynamics Corporation 401(k) Qaca Plan (401(k), $7.9B, 27,525 participants)
- General Dynamics Retirement Plan (Government) (Defined Benefit (Pension), $2.7B, 2,990 participants)
- General Dynamics Corporation 401(k) Plan for Represented Employees (401(k), $2.1B, 17,637 participants)
General Dynamics Retirement Plan (Electric Boat and Mission Systems)'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is American Electric Power System Retirement Plan in OH ($4.1B); by covered participants it is The Hartford Retirement Plan for U.S. Employees in CT (7,034 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.1B here).
- American Electric Power System Retirement Plan (OH) $4.1B · 16,073
- Pension Plan for Salaried Employees of Union Pacific Corporation & Affiliates (NE) $4.1B · 3,382
- General Motors Salaried Retirement Program (MI) $4.1B · 8,644
- Lucent Technologies Inc. Pension Plan (NJ) $4.0B · N/A
Similar participant headcount
Nearest other-state filings by covered participants (7,035 participants); asset peers above are excluded.
- The Hartford Retirement Plan for U.S. Employees (CT) 7,034 · 1 off
- Brown Health Defined Benefit Retirement Plan (RI) 7,041 · 6 off
- Twin City Hospital Workers Pension Plan (MN) 7,020 · 15 off
- The Coca-Cola Company Pension Plan (GA) 7,051 · 16 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.