Defined Benefit (Pension) · DOL Form 5500 · 2024

Northrop Grumman Corporation Pension Plan

Data updated 2026-08-11

$632M
Total assets
867
Participants
98th
Percentile by assets
$728,808
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Ng Es Union Represented Employees Pension Plan · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing

$632M in assets, 867 participants

Northrop Grumman Corporation's Ng Es Union Represented Employees Pension Plan reported $632M in total assets and 867 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 123,622 plans)
  • #17,114 in Manufacturing (17,777 peers)

Where Ng Es Union Represented Employees Pension Plan sits by assets

Ng Es Union Represented Employees Pension Plan sits in the top 5% of all filed plans by assets, $632M for 867 participants (~$728,808/participant), down 0.6% in 2024.

$632M
total plan assets (2024 EOY)
867
covered participants
98th
percentile by assets (of 123,622 plans)
$728,808
avg assets per participant

The plan reported a net loss of $4M 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 Es Union Represented Employees Pension Plan reported net income fell from $35M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Ng Es Union Represented Employees Pension Plan reported participants fell from 940 in the plan year 2023 filing to 867 in the plan year 2024 filing.
  • Ng Es Union Represented Employees Pension Plan end-of-year assets fell from $636M in the plan year 2023 filing to $632M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Ng Es Union Represented Employees Pension Plan vs the 2024 asset distribution

By assets, Ng Es Union Represented Employees Pension Plan outranks 98% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$636M
Net Assets (End of Year)$632M
Net Income-$4M
Employer EIN800640649
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northrop Grumman Corporation)

$60B$65B$70B$75B 202220232024 $62.8B $70.6B ▲ +12.4%
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 Union Represented Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Ng Es Union Represented Employees Pension 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 Es Union Represen…Northrop Grumman Pen…Retirement Security …Sheet Metal Workers'…Ng Space&mission Sys…Dominion Energy Pens…
Ng Es Union Represented Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ng Es Union Represented Employees Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Ng Es Union Represented Employees Pension Plan assets move in 2024?
Ng Es Union Represented Employees Pension Plan held essentially flat - down 0.6% during 2024, from $636M to $632M. Reported net income was -$4M.
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 Union Represented Employees Pension Plan rank by assets among Form 5500 filers?
Ng Es Union Represented Employees Pension Plan ranks in the 98th percentile by end-of-year assets among 123,622 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 Union Represented Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is John Muir Health Retirement Plan in CA ($630M, 5,189 participants).

Next read for Ng Es Union Represented Employees Pensio…

Scale reading

Ways to act on Ng Es Union Represented Employees Pension Plan's numbers.

  • By total assets, Ng Es Union Represented Employees 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