Employer · plans filed under one EIN
General Atomics
San Diego, CA · Professional, scientific and technical services
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
General Atomics, based in San Diego, California, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 35,770 participant records and $3.79B in net assets.
The largest is Pension Plan of General Atomics, a cash balance pension plan with 19,371 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $141M and participant contributions $163M in the latest plan years; benefits paid were $210M. Schedule C compensation reported to service provider organisations totalled $5.7M.
Combined net assets moved from $502M in 2009 to $3.79B in 2024 (up 654%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Pension Plan of General Atomics | cash balance pension plan | 2024 | 19,371 | $1.02B | $52,704 | $6,757 | $4.1M |
| General Atomics 401(k) Retirement Savings Plan | 401(k) plan | 2024 | 16,399 | $2.77B | $168,623 | $4,442 | $1.5M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 35,770 | $3.79B | $141M | $163M |
| 2023 | 2 | 34,746 | $3.29B | $150M | $153M |
| 2022 | 2 | 33,998 | $2.77B | $142M | $142M |
| 2021 | 2 | 33,088 | $3.34B | $153M | $144M |
| 2020 | 2 | 33,296 | $2.89B | $132M | $139M |
| 2019 | 2 | 32,872 | $2.33B | $112M | $123M |
| 2018 | 2 | 31,549 | $1.84B | $36.9M | $109M |
| 2017 | 2 | 27,666 | $1.84B | $200M | $91.2M |
| 2016 | 2 | 24,905 | $1.40B | $92.4M | $77.8M |
| 2015 | 2 | 22,260 | $1.20B | $81.6M | $69.0M |
| 2014 | 2 | 20,983 | $1.13B | $86.5M | $63.3M |
| 2013 | 2 | 19,764 | $980M | $63.9M | $57.6M |
| 2012 | 2 | 18,948 | $804M | $64.6M | $51.5M |
| 2011 | 2 | 17,802 | $657M | $46.8M | $43.7M |
| 2010 | 2 | 15,783 | $610M | $52.6M | $37.8M |
| 2009 | 2 | 14,304 | $502M | $35.3M | $33.8M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| BlackRock Financial Management | Investment management | 1 | $2,012,563 |
| Milliman USA | Actuarial; Claims processing; Recordkeeping and information management; Participant communication | 1 | $1,376,619 |
| Empower Advisory Group, LLC | Investment advisory (participants) | 1 | $1,077,453 |
| Empower Annuity Ins Co. of America | Recordkeeping and information management; Participant loan processing | 1 | $316,068 |
| Mercer | Actuarial | 1 | $203,995 |
| SageView Advisory Group, LLC | Investment advisory (plan) | 2 | $170,000 |
| Northern Trust | Custodial (securities); Trustee (bank, trust company, or similar financial institution) | 1 | $164,260 |
| Wellington Trust Company | Investment management | 1 | $113,190 |
| CBIZ CPAS P.C. | Accounting (including auditing) | 2 | $67,945 |
| Prudential Trust Company | Investment management | 1 | $62,883 |
| Pillsbury Winthrop LLP | Legal | 1 | $49,009 |
| Envestnet Asset MGMT Inc. | — | 1 | $15,984 |
| Creative Capital MGMT Investments | — | 1 | $10,739 |
| Charles Schwab & Co., Inc. | Investment advisory (participants); Securities brokerage | 1 | $8,485 |
| Oak Summit Wealth MGMT Inv. | — | 1 | $6,569 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does General Atomics have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Pension Plan of General Atomics and General Atomics 401(k) Retirement Savings Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does General Atomics contribute to its plans?
$140,525,862 in employer contributions across these plans in their latest plan years, about $5,589 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name BlackRock Financial Management, Milliman USA, Empower Advisory Group, LLC and Empower Annuity Ins Co. of America and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.