Defined Benefit (Pension) · DOL Form 5500 · 2024

Northrop Grumman Corporation Pension Plan

Data updated 2026-08-25

$104M
Total assets Near avg plan size
N/A
Participants Small participant base
91st
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

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.

  • #15,332 in Manufacturing (17,777 peers)

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.

#15,332
in Manufacturing (17,777 peers)
-3.0%
assets change YoY
1.0×
vs typical plan assets (national mean)

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.

Ng Master Inactive Qualified Plan's outsized position by total assets

Ng Master Inactive Qualified Plan vs every filed plan by assets

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

$104,111,082 Top 9% higher than 91% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 800640649 · Northrop Grumman Corporation PY 2024 · Defined Benefit (Pension)

Ng Master Inactive Qualified Plan · $104M · N/A · 91st

  • EBSA $104M
  • EBSA N/A
  • EBSA 91st
  • EBSA Defined Benefit (Pension)
  • EBSA near Pension Plan for Eaton Employees in Puerto Rico
  • EBSA ind #15332

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 →

Ng Master Inactive Qualified Plan in the asset neighbourhood

Local 381 Pension Fund$104MPension Plan for Eaton Employees in Puerto RicoPension Plan for Eaton Emplo…$104MNg Master Inactive Qualified PlanNg Master Inactive Qualified…$104MBerklee College of Music, Inc. Retirement PlanBerklee College of Music, In…$104MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$104M
End-of-year total assets ($M) among Ng Master Inactive Qualified Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$104M
Net Income-$3M
Employer EIN800640649
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

Sponsor-wide plan assets over time

All Northrop Grumman Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$70.6B 12.39714344145889% vs 2022
2024 filing year
$60B$65B$70B$75B 202220232024 $62.8B $70.6B ▲ +12.4%
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 Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Ng Master Inactive Qualified Plan, Total assets ($B): 0.104111082 · Participants: 0Ng Master Inactive Qualified PlanNorthrop 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
Ng Master Inactive Qualified Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Ng Master Inactive Qualified Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Virginia, the nearest Defined Benefit (Pension) by end-of-year assets is Pension Plan for Eaton Employees in Puerto Rico in TX at $104M (this filing: $104M).

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 Ng Master Inactive Qualified Plan assets move in 2024? ▼
Ng Master Inactive Qualified Plan edged down modestly - down 3.0% during 2024, from $107M to $104M. Reported net income was -$3M.
How have Northrop Grumman Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northrop Grumman Corporation's sponsor-wide assets grew 12.4%, from $62.8B to $70.6B.
Where does Ng Master Inactive Qualified Plan rank by assets among Form 5500 filers? ▼
Ng Master Inactive Qualified Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ng Master Inactive Qualified Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Eaton Employees in Puerto Rico in TX ($104M, 1,525 participants).