Employer · plans filed under one EIN
Lockheed Martin Corporation
Bethesda, MD · Manufacturing
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.
12 retirement plans with 100 or more participants file Form 5500 under Lockheed Martin Corporation's employer identification number (Bethesda, Maryland). Their latest filings total 326,330 participant records and $84.1B in net assets.
The largest is Lockheed Martin Corporation Salaried Savings Plan, an ESOP with a 401(k) feature with 144,858 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 $2.27B and participant contributions $1.47B in the latest plan years; benefits paid were $6.97B. Schedule C compensation reported to service provider organisations totalled $57K.
Combined net assets moved from $41.0B in 2009 to $60.8B in 2025 (up 48%). 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 |
|---|---|---|---|---|---|---|---|
| Lockheed Martin Corporation Salaried Savings Plan | ESOP with a 401(k) feature | 2025 | 144,858 | $55.4B | $382,634 | $12,107 | $0 |
| Lockheed Martin Corporation Salaried Employee Retirement Program | defined benefit pension plan | 2024 | 82,940 | $18.3B | $220,209 | $62,551 | $0 |
| Retirement Plan for Certain Represented Employees | cash balance pension plan | 2024 | 32,708 | $3.20B | $97,806 | — | $0 |
| Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees | ESOP with a 401(k) feature | 2025 | 22,570 | $3.41B | $150,986 | $4,995 | $0 |
| Lockheed Martin Corporation Capital Accumulation Plan | employee stock ownership plan | 2025 | 11,010 | $286M | $25,987 | $63 | $0 |
| Lockheed Martin Corporation Pension Plan for Specified Retirees | defined benefit pension plan | 2024 | 9,288 | $989M | $106,454 | — | $0 |
| Lockheed Martin Corporation Hourly Employee Savings Plan Plus | ESOP with a 401(k) feature | 2025 | 9,155 | $1.22B | $133,164 | $3,665 | $0 |
| Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units | defined benefit pension plan | 2024 | 5,572 | $908M | $162,876 | — | $0 |
| Lockheed Martin Corporation Operations Support Savings Plan | ESOP with a 401(k) feature | 2025 | 3,737 | $395M | $105,699 | $290 | $0 |
| Lockheed Martin Corporation Basic Benefit Plan for Hourly Employees | employee stock ownership plan | 2025 | 3,184 | $23.1M | $7,245 | — | $0 |
| Lockheed Martin Corporation Capital Accumulation Plan for Hourly Ees | employee stock ownership plan | 2025 | 1,131 | $13.2M | $11,671 | $157 | $0 |
| Lockheed Martin Corporation New Retirement Income Plan for Employees in Puerto Rico | defined benefit pension plan | 2024 | 177 | $10.7M | $60,301 | — | $57K |
| 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 |
|---|---|---|---|---|---|
| 2025 | 7 | 195,645 | $60.8B | $1.28B | $1.47B |
| 2024 | 12 | 329,372 | $79.7B | $2.22B | $1.43B |
| 2023 | 12 | 346,692 | $75.5B | $1.18B | $1.39B |
| 2022 | 12 | 325,511 | $69.6B | $1.07B | $1.29B |
| 2021 | 12 | 325,658 | $84.0B | $1.03B | $1.26B |
| 2020 | 12 | 338,591 | $82.7B | $1.79B | $1.21B |
| 2019 | 12 | 338,332 | $76.1B | $1.73B | $1.09B |
| 2018 | 11 | 351,039 | $63.5B | $650M | $1.01B |
| 2017 | 11 | 417,326 | $73.6B | $5.20B | $954M |
| 2016 | 11 | 411,678 | $61.7B | $631M | $1.00B |
| 2015 | 11 | 397,471 | $60.4B | $422M | $963M |
| 2014 | 10 | 393,643 | $62.4B | $1.33B | $938M |
| 2013 | 10 | 404,418 | $59.2B | $1.82B | $947M |
| 2012 | 10 | 416,779 | $52.6B | $3.63B | $949M |
| 2011 | 7 | 205,310 | $22.3B | $370M | $973M |
| 2010 | 10 | 453,860 | $45.2B | $2.23B | $970M |
| 2009 | 10 | 440,430 | $41.0B | $2.65B | $1.02B |
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 |
|---|---|---|---|
| Capital International, Inc. | Investment management | 1 | $35,234 |
| Banco Popular de Puerto Rico | Claims processing; Trustee (bank, trust company, or similar financial institution) | 1 | $21,803 |
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 Lockheed Martin Corporation have?
12 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Lockheed Martin Corporation Salaried Savings Plan, Lockheed Martin Corporation Salaried Employee Retirement Program, Retirement Plan for Certain Represented Employees and Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees and others. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Lockheed Martin Corporation contribute to its plans?
$2,268,005,186 in employer contributions across these plans in their latest plan years, about $14,675 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 Capital International, Inc. and Banco Popular de Puerto Rico. 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.