Defined Benefit (Pension) · DOL Form 5500 · 2024
Northrop Grumman Corporation Pension Plan
Data updated 2026-07-24
- $2.1B
- Total assets
- 1,614
- Participants
- 99th
- Percentile by assets
- $1.3M
- Avg per participant
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.
- 99th percentile by assets (of 116,472 plans)
Coverage in Virginia
Northrop Grumman Retirement Plan B covers 1,614 participants in Virginia, 2.1x the typical Virginia plan (state average ~781 per filing). Assets: $2.1B.
- $2.1B
- total plan assets (2024 EOY)
- 1,614
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $1.3M
- avg assets per participant
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.
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.
Participants vs Virginia filers
In Virginia, the average filing covers about 781 participants across 3,490 plans. Northrop Grumman Retirement Plan B reports 1,614 participants - 2.1x that state average ($2.1B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | -$59M |
| Employer EIN | 800640649 |
| Plan Effective Date | 1978-10-01 |
| 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.
Northrop Grumman Retirement Plan B 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 Northrop Grumman Retirement Plan B by total assets, not by location.
- Seafarers Pension Plan (MD) $2.1B · 7,182
- National Grid USA Companies Final Average Pay Pension Plan (NY) $2.1B · 1,668
- Alaska Electrical Pension Plan (AK) $2.1B · 3,898
- Morgan Stanley Employees Retirement Plan (NY) $2.0B · 5,950
Frequently Asked Questions
How did Northrop Grumman Retirement Plan B assets move in 2024? ▼
How have Northrop Grumman Corporation plan assets changed over time? ▼
Where does Northrop Grumman Retirement Plan B rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Northrop Grumman Retirement Plan B? ▼
Next read for Northrop Grumman Retirement Plan B
Filing takeaways
Ways to act on Northrop Grumman Retirement Plan B's numbers.
- By total assets, Northrop Grumman Retirement Plan B ranks among the largest 1% of all filed plans. 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.