Defined Benefit (Pension) · DOL Form 5500 · 2024
Northrop Grumman Corporation Pension Plan
Data updated 2026-08-06
- $104M
- Total assets
- N/A
- Participants
- 91st
- Percentile by assets
Official DOL plan name: Ng Master Inactive Qualified Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing
$104M in assets, N/A participants
Northrop Grumman Corporation's Ng Master Inactive Qualified Plan reported $104M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 116,472 plans)
Where Ng Master Inactive Qualified Plan sits by assets
Ng Master Inactive Qualified Plan sits in the top 10% of all filed plans by assets, $104M for N/A participants, down 3.0% in 2024.
- $104M
- total plan assets (2024 EOY)
- N/A
- covered participants
- 91st
- percentile by assets (of 116,472 plans)
- -3.0%
- assets change YoY
The plan reported a net loss of $3M 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
- Ng Master Inactive Qualified Plan reported net income fell from $4M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Ng Master Inactive Qualified Plan end-of-year assets fell from $107M in the plan year 2023 filing to $104M in the plan year 2024 filing.
Ng Master Inactive Qualified Plan vs the 2024 asset distribution
By assets, Ng Master Inactive Qualified Plan outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $107M |
|---|---|
| Net Assets (End of Year) | $104M |
| Net Income | -$3M |
| Employer EIN | 800640649 |
| Plan Effective Date | 1960-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northrop Grumman Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 119,474 | $62.8B |
| 2023 | 8 | 122,852 | $67.7B |
| 2024 | 8 | 127,891 | $70.6B |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Ng Master Inactive Qualified Plan 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 Ng Master Inactive Qualified Plan by total assets, not by location.
- Pension Plan for Eaton Employees in Puerto Rico (TX) $104M · 1,525
- Local 381 Pension Fund (NY) $104M · 59
- Berklee College of Music, Inc. Retirement Plan (MA) $104M · 291
- Major League Baseball Pension Plan for Non-Uniformed Personnel (CA) $104M · 323
Frequently Asked Questions
How did Ng Master Inactive Qualified Plan assets move in 2024? ▼
How have Northrop Grumman Corporation plan assets changed over time? ▼
Where does Ng Master Inactive Qualified Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Ng Master Inactive Qualified Plan? ▼
Next read for Ng Master Inactive Qualified Plan
Scale reading
Ways to act on Ng Master Inactive Qualified Plan's numbers.
- By total assets, Ng Master Inactive Qualified Plan ranks in the top 10% 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
- Northrop Grumman Corporation's sponsor-wide assets have grown 12.4% 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 800640649.
Read our methodology - how this data is sourced, computed, and verified.