Defined Benefit (Pension) · DOL Form 5500 · 2024

General Dynamics Corporation Pension Plan

Data updated 2026-08-25

$536M
Total assets Above avg plan size
1,027
Participants Near avg headcount
97th
Percentile by assets National rank
$522,176
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #17,032 in Manufacturing (17,777 peers)

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.

#17,032
in Manufacturing (17,777 peers)
-12.9%
assets change YoY
5.4×
vs typical plan assets (national mean)

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.

General Dynamics Retirement Plan (Land Systems)'s outsized position by total assets

General Dynamics Retirement Plan (Land Systems) vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$536,274,306 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 (Land 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 (Land Systems) lands in the large band (1,027 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 131673581 · General Dynamics Corporation PY 2024 · Defined Benefit (Pension)

General Dynamics Retirement Plan (Land Systems) · $536M · 1,027 · 97th

  • SCH $536M
  • SCH 1,027
  • SCH 97th
  • SCH Defined Benefit (Pension)
  • SCH near The Guardian Field Representative Employees' Retirement Plan
  • SCH ind #17032

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 (Land Systems) in the asset neighbourhood

Brown Health Defined Benefit Retirement PlanBrown Health Defined Benefit…$538MGeneral Dynamics Retirement Plan (Land Systems)General Dynamics Retirement …$536MThe Guardian Field Representative Employees' Retirement PlanThe Guardian Field Represent…$536MFinra Employees Retirement PlanFinra Employees Retirement P…$535MAmerican National Insurance Company Employees Retirement PlanAmerican National Insurance …$535M
End-of-year total assets ($M) among General Dynamics Retirement Plan (Land Systems) and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$615M
Net Assets (End of Year)$535M
Net Income-$80M
Employer EIN131673581
Plan Effective Date2018-01-01
Filing StatusFILING 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
$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
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 Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants General Dynamics Retirement Plan (Land Systems), Total assets ($B): 0.536274306 · Participants: 1027General Dynamics Retirement Plan (Land Systems)Northrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
General Dynamics Retirement Plan (Land Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

General Dynamics Retirement Plan (Land Systems)'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is The Guardian Field Representative Employees' Retirement Plan in NY ($536M); by covered participants it is Modern Woodmen of America Employees' Retirement Plan in IL (1,030 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,027 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did General Dynamics Retirement Plan (Land Systems) assets move in 2024?
General Dynamics Retirement Plan (Land Systems) pulled back noticeably - down 12.9% during 2024, from $615M to $536M. Reported net income was -$80M.
How have General Dynamics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does General Dynamics Retirement Plan (Land Systems) rank by assets among Form 5500 filers?
General Dynamics Retirement Plan (Land Systems) ranks in the 97th 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 Retirement Plan (Land Systems)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Guardian Field Representative Employees' Retirement Plan in NY ($536M, 1,941 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to General Dynamics Retirement Plan (Land Systems)?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Modern Woodmen of America Employees' Retirement Plan in IL (1,030 participants, $865M in assets).