Defined Benefit (Pension) · DOL Form 5500 · 2024

The Aerospace Corporation Pension Plan

Data updated 2026-08-11

$2.1B
Total assets
2,394
Participants
99th
Percentile by assets
$896,700
Avg per participant
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Official DOL plan name: The Aerospace Employees' Retirement Plan (Aerp) · Sponsored by The Aerospace Corporation · California · Professional & Technical Services

$2.1B in assets, 2,394 participants

The Aerospace Corporation's The Aerospace Employees' Retirement Plan (Aerp) reported $2.1B in total assets and 2,394 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #20,083 in Professional & Technical Services (20,173 peers)

Coverage in California

The Aerospace Employees' Retirement Plan (Aerp) covers 2,394 participants in California, 3.8x the typical California plan (state average ~630 per filing). Assets: $2.1B.

$2.1B
total plan assets (2024 EOY)
2,394
covered participants
99th
percentile by assets (of 123,622 plans)
$896,700
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Aerospace Employees' Retirement Plan (Aerp) reported net income fell from $225M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • The Aerospace Employees' Retirement Plan (Aerp) reported participants fell from 2,595 in the plan year 2023 filing to 2,394 in the plan year 2024 filing.
  • The Aerospace Employees' Retirement Plan (Aerp) end-of-year assets rose from $2.1B in the plan year 2023 filing to $2.1B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. The Aerospace Employees' Retirement Plan (Aerp) reports 2,394 participants - 3.8x that state average ($2.1B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$2.1B
Net Income$12M
Employer EIN952102389
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Aerospace Corporation)

$2.5B$3B$3.5B$4B 202220232024 $2.82B $3.62B ▲ +28.4%
Total plan assets by year, all The Aerospace Corporation plans on file
Year Plans Participants Total Assets
2022 2 7,206 $2.8B
2023 2 7,912 $3.3B
2024 2 7,333 $3.6B

Nearby Defined Benefit (Pension) Plans in California

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

The Aerospace Employees' Retirement Plan (Aerp) vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

The Aerospace Employees' Retirement Plan (Aerp) vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 010203040 Total assets ($B) Participants The Aerospace Employ…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Western States Carpe…Ilwu-Pma Pension Plan
The Aerospace Employees' Retirement Plan (Aerp) vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Aerospace Employees' Retirement Plan (Aerp) by total assets, not by location.

Frequently Asked Questions

How did The Aerospace Employees' Retirement Plan (Aerp) assets move in 2024?
The Aerospace Employees' Retirement Plan (Aerp) held essentially flat - up 0.5% during 2024, from $2.1B to $2.1B. Reported net income was $12M.
How have The Aerospace Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Aerospace Corporation's sponsor-wide assets grew 28.3%, from $2.8B to $3.6B.
Where does The Aerospace Employees' Retirement Plan (Aerp) rank by assets among Form 5500 filers?
The Aerospace Employees' Retirement Plan (Aerp) ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to The Aerospace Employees' Retirement Plan (Aerp)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ohio Carpenters' Pension Plan in MI ($2.1B, 11,132 participants).

Next read for The Aerospace Employees' Retirement Plan…

Filing takeaways

Ways to act on The Aerospace Employees' Retirement Plan (Aerp)'s numbers.