Defined Benefit (Pension) · DOL Form 5500 · 2024
Lockheed Martin Corporation Pension Plan
Data updated 2026-08-25
- $989M
- Total assets Above avg plan size
- N/A
- Participants Small participant base
- 98th
- Percentile by assets National rank
Official DOL plan name: Lockheed Martin Corporation Pension Plan for Specified Retirees · Sponsored by Lockheed Martin Corporation · Maryland · Manufacturing
$989M in assets, N/A participants
Lockheed Martin Corporation's Lockheed Martin Corporation Pension Plan for Specified Retirees reported $989M in total assets and N/A 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.
- #17,309 in Manufacturing (17,777 peers)
Where Lockheed Martin Corporation Pension Plan for Specified Retirees sits by assets
Lockheed Martin Corporation Pension Plan for Specified Retirees sits in the top 5% of all filed plans by assets, $989M for N/A participants, down 9.1% in 2024.
- #17,309
- in Manufacturing (17,777 peers)
- -9.1%
- assets change YoY
- 9.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $98M 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 Specified Retirees's outsized position by total assets
Lockheed Martin Corporation Pension Plan for Specified Retirees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$988,747,909 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
Filed plans by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lockheed Martin Corporation Pension Plan for Specified Retirees reported net income fell from -$38M in the plan year 2023 filing to -$98M in the plan year 2024 filing.
- Lockheed Martin Corporation Pension Plan for Specified Retirees end-of-year assets fell from $1.1B in the plan year 2023 filing to $989M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 521893632 · Lockheed Martin Corporation PY 2024 · Defined Benefit (Pension)
Lockheed Martin Corporation Pension Plan for Specified Retirees · $989M · N/A · 98th
- IND $989M
- EOY N/A
- 5500 98th
- ASSETS Defined Benefit (Pension)
- PCT near Ncr Pension Plan
- EIN ind #17309
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 Specified Retirees in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $989M |
| Net Income | -$98M |
| Employer EIN | 521893632 |
| Plan Effective Date | 2018-12-31 |
| 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 Specified Retirees's closest out-of-state Defined Benefit (Pension) peers by assets
Outside Maryland, the nearest Defined Benefit (Pension) by end-of-year assets is Ncr Pension Plan in GA at $992M (this filing: $989M).
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($989M here).
- Ncr Pension Plan (GA) $992M · 769
- The New York Times Companies Pension Plan (NY) $985M · 1,137
- The Wellspan Health System Merged Pension Plan (PA) $984M · 3,265
- Oregon Retail Employees Pension Plan (OR) $983M · 18,733
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.