Defined Benefit (Pension) · DOL Form 5500 · 2024

Bae Systems, Inc. Pension Plan

Data updated 2026-08-25

$417M
Total assets Above avg plan size
4,279
Participants Above avg headcount
97th
Percentile by assets National rank
$97,503
Avg per participant Below avg balance/head
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Official DOL plan name: Bae Space & Mission Systems Pension Plan · Sponsored by Bae Systems, Inc. · Virginia · Manufacturing

$417M in assets, 4,279 participants

Bae Systems, Inc.'s Bae Space & Mission Systems Pension Plan reported $417M in total assets and 4,279 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #16,857 in Manufacturing (17,777 peers)

Coverage in Virginia

Bae Space & Mission Systems Pension Plan covers 4,279 participants in Virginia, 5.5x the typical Virginia plan (state average ~782 per filing). Assets: $417M.

#16,857
in Manufacturing (17,777 peers)
+24.6%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Bae Space & Mission Systems Pension Plan's outsized position by total assets

Bae Space & Mission Systems Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$417,213,812 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Bae Space & Mission Systems Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bae Space & Mission Systems Pension Plan lands in the large band (4,279 participants).

DOL schedule card

Filing strip 223537950 · Bae Systems, Inc. PY 2024 · Defined Benefit (Pension)

Bae Space & Mission Systems Pension Plan · $417M · 4,279 · 97th

  • TYPE $417M
  • NET 4,279
  • BOOK 97th
  • VS-ST Defined Benefit (Pension)
  • BOY near Westlake Defined Benefit Plan
  • SCH ind #16857

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 Virginia →

Bae Space & Mission Systems Pension Plan in the asset neighbourhood

Syensqo USA Pension Plan$418MResilient Floor Covering Pension FundResilient Floor Covering Pen…$418MWestlake Defined Benefit Plan$417MBae Space & Mission Systems Pension PlanBae Space & Mission Systems …$417MThe Hearst Corporation Broadcast Retirement PlanThe Hearst Corporation Broad…$416M
End-of-year total assets ($M) among Bae Space & Mission Systems Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$335M
Net Assets (End of Year)$417M
Net Income$82M
Employer EIN223537950
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bae Systems, Inc.)

Sponsor-wide plan assets over time

All Bae Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14.3B 15.142836159256245% vs 2022
2024 filing year
$12B$13B$14B$15B 202220232024 $12.4B $14.3B ▲ +15.2%
Year Plans Participants Total Assets
2022 2 39,412 $12.4B
2023 2 39,354 $12.8B
2024 3 44,583 $14.3B

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Bae Space & Mission Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Bae Space & Mission Systems Pension Plan, Total assets ($B): 0.417213812 · Participants: 4279Bae Space & Mission Systems Pension PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Bae Space & Mission Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Bae Space & Mission Systems Pension Plan side-by-side with 3 peers →

Bae Space & Mission Systems Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Westlake Defined Benefit Plan in TX ($417M); by covered participants it is Essilorluxottica Pension Plan in NY (4,281 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($417M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,279 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.

Frequently Asked Questions

How did Bae Space & Mission Systems Pension Plan assets move in 2024? ▼
Bae Space & Mission Systems Pension Plan grew sharply - up 24.6% during 2024, from $335M to $417M. Reported net income was $82M.
How have Bae Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bae Systems, Inc.'s sponsor-wide assets grew 15.1%, from $12.4B to $14.3B.
Where does Bae Space & Mission Systems Pension Plan rank by assets among Form 5500 filers? ▼
Bae Space & Mission Systems Pension Plan ranks in the 97th 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 Bae Space & Mission Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Westlake Defined Benefit Plan in TX ($417M, 981 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bae Space & Mission Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Essilorluxottica Pension Plan in NY (4,281 participants, $723M in assets).

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 223537950.

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.