Defined Benefit (Pension) · DOL Form 5500 · 2024
General Dynamics Corporation Pension Plan
Data updated 2026-07-24
- $536M
- Total assets
- 1,027
- Participants
- 97th
- Percentile by assets
- $522,176
- Avg per participant
Official DOL plan name: General Dynamics Retirement Plan (Land Systems) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing
$536M in assets, 1,027 participants
General Dynamics Corporation's General Dynamics Retirement Plan (Land Systems) reported $536M in total assets and 1,027 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 116,472 plans)
Where General Dynamics Retirement Plan (Land Systems) sits by assets
General Dynamics Retirement Plan (Land Systems) sits in the top 5% of all filed plans by assets, $536M for 1,027 participants (~$522,176/participant), down 12.9% in 2024.
- $536M
- total plan assets (2024 EOY)
- 1,027
- covered participants
- 97th
- percentile by assets (of 116,472 plans)
- $522,176
- avg assets per participant
The plan reported a net loss of $80M 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 Retirement Plan (Land Systems) reported net income fell from $5M in the plan year 2023 filing to -$80M in the plan year 2024 filing.
- General Dynamics Retirement Plan (Land Systems) end-of-year assets fell from $615M in the plan year 2023 filing to $536M in the plan year 2024 filing.
- General Dynamics Retirement Plan (Land Systems) reported participants fell from 1,096 in the plan year 2023 filing to 1,027 in the plan year 2024 filing.
General Dynamics Retirement Plan (Land Systems) vs the 2024 asset distribution
By assets, General Dynamics Retirement Plan (Land Systems) outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 5.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $615M |
|---|---|
| Net Assets (End of Year) | $535M |
| Net Income | -$80M |
| Employer EIN | 131673581 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (General Dynamics Corporation)
| 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.
General Dynamics Retirement Plan (Land Systems) 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to General Dynamics Retirement Plan (Land Systems) by total assets, not by location.
- The Guardian Field Representative Employees' Retirement Plan (NY) $536M · 1,941
- Finra Employees Retirement Plan (DC) $535M · 1,224
- Brown Health Defined Benefit Retirement Plan (RI) $538M · 7,041
- American National Insurance Company Employees Retirement Plan (TX) $535M · 1,047
Frequently Asked Questions
How did General Dynamics Retirement Plan (Land Systems) assets move in 2024? ▼
How have General Dynamics Corporation plan assets changed over time? ▼
Where does General Dynamics Retirement Plan (Land Systems) rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to General Dynamics Retirement Plan (Land Systems)? ▼
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Scale reading
Ways to act on General Dynamics Retirement Plan (Land Systems)'s numbers.
- By total assets, General Dynamics Retirement Plan (Land Systems) 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
- General Dynamics Corporation's sponsor-wide assets have grown 12.0% 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 131673581.
Read our methodology - how this data is sourced, computed, and verified.