Defined Benefit (Pension) · DOL Form 5500 · 2024

Northrop Grumman Corporation Pension Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
1,614
Participants Near avg headcount
99th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Northrop Grumman Retirement Plan B · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$2.1B in assets, 1,614 participants

Northrop Grumman Corporation's Northrop Grumman Retirement Plan B reported $2.1B in total assets and 1,614 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,531 in Manufacturing (17,777 peers)

Coverage in Virginia

Northrop Grumman Retirement Plan B covers 1,614 participants in Virginia, 2.1x the typical Virginia plan (state average ~782 per filing). Assets: $2.1B.

#17,531
in Manufacturing (17,777 peers)
-2.8%
assets change YoY
21×
vs typical plan assets (national mean)

The plan reported a net loss of $59M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northrop Grumman Retirement Plan B's outsized position by total assets

Northrop Grumman Retirement Plan B vs every filed plan by assets

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

$2,054,608,300 Top 1% higher than 99% 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

Northrop Grumman Retirement Plan B'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. Northrop Grumman Retirement Plan B lands in the large band (1,614 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northrop Grumman Retirement Plan B reported net income fell from $88M in the plan year 2023 filing to -$59M in the plan year 2024 filing.
  • Northrop Grumman Retirement Plan B reported participants fell from 1,733 in the plan year 2023 filing to 1,614 in the plan year 2024 filing.
  • Northrop Grumman Retirement Plan B end-of-year assets fell from $2.1B in the plan year 2023 filing to $2.1B 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)

Northrop Grumman Retirement Plan B · $2.1B · 1,614 · 99th

  • PCT $2.1B
  • EIN 1,614
  • RANK 99th
  • PHOTO Defined Benefit (Pension)
  • IND near Seafarers Pension Plan
  • EOY ind #17531

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 →

Northrop Grumman Retirement Plan B in the asset neighbourhood

Alaska Electrical Pension PlanAlaska Electrical Pension Pl…$2.1BSeafarers Pension Plan$2.1BNational Grid USA Companies Final Average Pay Pension PlanNational Grid USA Companies …$2.1BNorthrop Grumman Retirement Plan BNorthrop Grumman Retirement …$2.1BMorgan Stanley Employees Retirement PlanMorgan Stanley Employees Ret…$2.0B
End-of-year total assets ($B) among Northrop Grumman Retirement Plan B and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$2.1B
Net Income-$59M
Employer EIN800640649
Plan Effective Date1978-10-01
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.

Northrop Grumman Retirement Plan B vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 05101520 Total assets ($B) Participants Northrop Grumman Retirement Plan B, Total assets ($B): 2.0546083 · Participants: 1614Northrop Grumman Retirement Plan BNorthrop 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
Northrop Grumman Retirement Plan B vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Northrop Grumman Retirement Plan B side-by-side with 3 peers →

Northrop Grumman Retirement Plan B's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Seafarers Pension Plan in MD ($2.1B); by covered participants it is Harris Teeter Supermarkets, Inc. Employees' Pension Plan in NC (1,615 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,614 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 Northrop Grumman Retirement Plan B assets move in 2024? ▼
Northrop Grumman Retirement Plan B edged down modestly - down 2.8% during 2024, from $2.1B to $2.1B. Reported net income was -$59M.
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 Northrop Grumman Retirement Plan B rank by assets among Form 5500 filers? ▼
Northrop Grumman Retirement Plan B ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Northrop Grumman Retirement Plan B? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Seafarers Pension Plan in MD ($2.1B, 7,182 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northrop Grumman Retirement Plan B? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Harris Teeter Supermarkets, Inc. Employees' Pension Plan in NC (1,615 participants, $136M in assets).

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.