Defined Benefit (Pension) · DOL Form 5500 · 2024

Bae Systems, Inc. Pension Plan

Data updated 2026-08-06

$417M
Total assets
4,279
Participants
97th
Percentile by assets
$97,503
Avg per participant
PlainRetire home → About this data

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.

  • 97th percentile by assets (of 116,472 plans)
  • #15,999 in Manufacturing (16,886 peers)

Coverage in Virginia

Bae Space & Mission Systems Pension Plan covers 4,279 participants in Virginia, 5.5x the typical Virginia plan (state average ~781 per filing). Assets: $417M.

$417M
total plan assets (2024 EOY)
4,279
covered participants
97th
percentile by assets (of 116,472 plans)
$97,503
avg assets per participant
State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Bae Space & Mission Systems Pension Plan reports 4,279 participants - 5.5x that state average ($417M EOY assets).

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.)

$12B$13B$14B$15B 202220232024 $12.4B $14.3B ▲ +15.2%
Total plan assets by year, all Bae Systems, Inc. plans on file
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

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 …Northrop Grumman Pen…Retirement Security …Sheet Metal Workers'…Ng Space&mission Sys…Dominion Energy Pens…
Bae Space & Mission Systems 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 Bae Space & Mission Systems Pension Plan by total assets, not by location.

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 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 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).

Next read for Bae Space & Mission Systems Pension Plan

Filing takeaways

Ways to act on Bae Space & Mission Systems Pension Plan's numbers.

  • By total assets, Bae Space & Mission Systems 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
  • Bae Systems, Inc.'s sponsor-wide assets have grown 15.1% since 2022 across 3 plan years on file. More Manufacturing plans