Defined Benefit (Pension) · DOL Form 5500 · 2024
Lockheed Martin Corporation Pension Plan
Data updated 2026-08-25
- $908M
- Total assets Above avg plan size
- 894
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $1.0M
- Avg per participant High balance/head
Official DOL plan name: Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$908M in assets, 894 participants
Lockheed Martin Corporation's Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units reported $908M in total assets and 894 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.
- #17,269 in Manufacturing (17,777 peers)
Where Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits by assets
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits in the top 5% of all filed plans by assets, $908M for 894 participants (~$1.0M/participant), down 4.5% in 2024.
- #17,269
- in Manufacturing (17,777 peers)
- -4.5%
- assets change YoY
- 9.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $43M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units's outsized position by total assets
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$907,971,928 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units sits mid-pack in the medium band (894 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units reported net income fell from $2M in the plan year 2023 filing to -$43M in the plan year 2024 filing.
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units reported participants fell from 986 in the plan year 2023 filing to 894 in the plan year 2024 filing.
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units end-of-year assets fell from $951M in the plan year 2023 filing to $908M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 521893632 · Lockheed Martin Corporation PY 2024 · Defined Benefit (Pension)
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units · $908M · 894 · 98th
- EOY $908M
- 5500 894
- ASSETS 98th
- PCT Defined Benefit (Pension)
- EIN near Nationwide Retirement Plan - Account Balance
- RANK ind #17269
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 Maryland →
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $951M |
|---|---|
| Net Assets (End of Year) | $908M |
| Net Income | -$43M |
| Employer EIN | 521893632 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lockheed Martin Corporation)
Sponsor-wide plan assets over time
All Lockheed Martin Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $79.7B 10.755104430097978% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 13 | 161,436 | $72.0B |
| 2023 | 13 | 169,542 | $77.9B |
| 2024 | 12 | 172,051 | $79.7B |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Electrical Benefit Fund $20.4B · 332,362
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
- Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
- National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
- Major League Baseball Players Pension Plan $4.8B · 1,091
Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Maryland, the nearest Defined Benefit (Pension) by assets is Nationwide Retirement Plan - Account Balance in OH ($908M); by covered participants it is I.U.O.E. Local 57 Pension Plan in RI (894 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($908M here).
- Nationwide Retirement Plan - Account Balance (OH) $908M · 18,007
- Employees' Retirement Plan of the National Education Association (DC) $910M · 988
- Vf Corporation Pension Plan (NC) $906M · 121
- Advance Pension Plan (NY) $911M · 626
Similar participant headcount
Nearest other-state filings by covered participants (894 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.