Defined Benefit (Pension) · DOL Form 5500 · 2024

Northrop Grumman Corporation Pension Plan

Data updated 2026-07-24

$623M
Total assets: 440
Participants: 98th
Percentile by assets: $1.4M
Avg per participant

Official DOL plan name: Ng Es - Space Division Consolidated Pension Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$623M in assets, 440 participants

Northrop Grumman Corporation's Ng Es - Space Division Consolidated Pension Plan reported $623M in total assets and 440 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 116,472 plans)

Where Ng Es - Space Division Consolidated Pension Plan sits by assets

Ng Es - Space Division Consolidated Pension Plan sits in the top 5% of all filed plans by assets, $623M for 440 participants (~$1.4M/participant), down 1.1% in 2024.

$623M
total plan assets (2024 EOY): 440
covered participants: 98th
percentile by assets (of 116,472 plans): $1.4M
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ng Es - Space Division Consolidated Pension Plan reported net income fell from $33M in the plan year 2023 filing to -$7M in the plan year 2024 filing.
Ng Es - Space Division Consolidated Pension Plan reported participants fell from 485 in the plan year 2023 filing to 440 in the plan year 2024 filing.
Ng Es - Space Division Consolidated Pension Plan end-of-year assets fell from $630M in the plan year 2023 filing to $623M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Manufacturing

Ng Es - Space Division Consolidated Pension Plan vs the 2024 asset distribution

By assets, Ng Es - Space Division Consolidated Pension Plan outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.2x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$630M
Net Assets (End of Year)	$623M
Net Income	-$7M
Employer EIN	800640649
Plan Effective Date	2001-10-19
Filing Status	FILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

Total plan assets by year, all Northrop Grumman Corporation plans on file

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 Es - Space Division Consolidated Pension 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

Compare Ng Es - Space Division Consolidated Pens… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ng Es - Space Division Consolidated Pension Plan by total assets, not by location.

Willis North America Inc. Pension Plan (TN) $623M · 551
International Brotherhood of Electrical Workers Local Union 98 Pension Plan (PA) $624M · 2,573
Avaya Pension Plan (NJ) $625M · 240
Wellstar Health System, Inc. Active Employees Retirement Plan B (GA) $620M · 12,371

Frequently Asked Questions

How did Ng Es - Space Division Consolidated Pension Plan assets move in 2024? ▼

Ng Es - Space Division Consolidated Pension Plan edged down modestly - down 1.1% during 2024, from $630M to $623M. Reported net income was -$7M.

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 Es - Space Division Consolidated Pension Plan rank by assets among Form 5500 filers? ▼

Ng Es - Space Division Consolidated Pension Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Ng Es - Space Division Consolidated Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Willis North America Inc. Pension Plan in TN ($623M, 551 participants).

Next read for Ng Es - Space Division Consolidated Pens…

Scale reading

Ways to act on Ng Es - Space Division Consolidated Pension Plan's numbers.

By total assets, Ng Es - Space Division Consolidated Pension Plan ranks in the top 5% 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.

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