Defined Benefit (Pension) · DOL Form 5500 · 2024
General Dynamics Corporation Pension Plan
Data updated 2026-08-25
- $429M
- Total assets Above avg plan size
- 1,407
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $304,976
- Avg per participant High balance/head
Official DOL plan name: General Dynamics Retirement Plan (Bath Iron Works) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing
$429M in assets, 1,407 participants
General Dynamics Corporation's General Dynamics Retirement Plan (Bath Iron Works) reported $429M in total assets and 1,407 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.
- #16,877 in Manufacturing (17,777 peers)
Where General Dynamics Retirement Plan (Bath Iron Works) sits by assets
General Dynamics Retirement Plan (Bath Iron Works) sits in the top 5% of all filed plans by assets, $429M for 1,407 participants (~$304,976/participant), down 14.2% in 2024.
- #16,877
- in Manufacturing (17,777 peers)
- -14.2%
- assets change YoY
- 4.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $72M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
General Dynamics Retirement Plan (Bath Iron Works)'s outsized position by total assets
General Dynamics Retirement Plan (Bath Iron Works) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$429,100,753 Top 3% higher than 97% 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 (Bath Iron Works)'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 (Bath Iron Works) lands in the large band (1,407 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- General Dynamics Retirement Plan (Bath Iron Works) reported net income fell from $19M in the plan year 2023 filing to -$72M in the plan year 2024 filing.
- General Dynamics Retirement Plan (Bath Iron Works) end-of-year assets fell from $500M in the plan year 2023 filing to $429M in the plan year 2024 filing.
- General Dynamics Retirement Plan (Bath Iron Works) reported participants fell from 1,521 in the plan year 2023 filing to 1,407 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 131673581 · General Dynamics Corporation PY 2024 · Defined Benefit (Pension)
General Dynamics Retirement Plan (Bath Iron Works) · $429M · 1,407 · 97th
- EOY $429M
- 5500 1,407
- ASSETS 97th
- PCT Defined Benefit (Pension)
- EIN near Plumbers Union Local No. 12 Pension
- RANK ind #16877
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 (Bath Iron Works) in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $500M |
|---|---|
| Net Assets (End of Year) | $429M |
| Net Income | -$72M |
| Employer EIN | 131673581 |
| Plan Effective Date | 2019-01-01 |
| 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
General Dynamics Retirement Plan (Bath Iron Works)'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Plumbers Union Local No. 12 Pension in MA ($429M); by covered participants it is Sturdy Memorial Hospital Inc Retirement Plan in MA (1,406 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($429M here).
- Plumbers Union Local No. 12 Pension (MA) $429M · 1,619
- Legacy Ghs/Tuomey Pension Plan (SC) $428M · 2,307
- Hawaii Longshore Pension Plan (HI) $430M · 815
- National Girl Scout Council Retirement Plan (NY) $430M · 1,066
Similar participant headcount
Nearest other-state filings by covered participants (1,407 participants); asset peers above are excluded.
- Sturdy Memorial Hospital Inc Retirement Plan (MA) 1,406 · 1 off
- Omaha Construction Industry Pension Plan (NE) 1,402 · 5 off
- Magellan Pension Plan (OK) 1,402 · 5 off
- Hess Corporation Employees' Pension Plan (TX) 1,414 · 7 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.