Industry · Form 5500 business code 336410
Aerospace Product & Parts Mfg: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
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. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 234 retirement plans in aerospace product & parts mfg with 100 or more participants filed Form 5500: 193 defined contribution and 41 defined benefit. They reported 1,704,864 participant records and $330.2B in net assets, counting every plan on the form.
The median defined contribution plan held $63,619 per participant, above the national median of $53,031, and its employer put in $2,501 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $129 per participant against $123 nationally.
Employers contributed $4.35B and participants $6.59B during the year, and the plans paid out $29.0B in benefits.
In 2009 the same group numbered 295 plans with $165.9B; by 2024 it was 234 plans (down 21%) and $330.2B (up 99%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $63,619 | $53,031 | $109,027 | $86,234 |
| Employer contributions per active participant | $2,501 | $2,174 | $8,940 | $10,244 |
| Schedule C compensation per participant | $129 | $123 | $230 | $344 |
| Schedule C compensation, share of net assets | 0.22% | 0.26% | 0.24% | 0.42% |
| Administrative expenses per participant | $125 | $116 | $543 | $527 |
Medians across plans with 100 or more participants (186 DC and 41 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $37,083 | $63,619 | $105,327 | 186 |
| Employer contributions per active participant | $1,459 | $2,501 | $4,423 | 180 |
| Schedule C compensation per participant | $63.89 | $129 | $218 | 171 |
| Administrative expenses per participant | $58.29 | $125 | $191 | 176 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 27 | 231,120 | $58.9B | $942M | $1.92B | $75,781 | $190 |
| 2024 | 234 | 1,704,864 | $330.2B | $4.35B | $6.59B | $63,619 | $129 |
| 2023 | 242 | 1,709,346 | $321.3B | $4.03B | $6.21B | $57,694 | $117 |
| 2022 | 245 | 1,333,641 | $259.6B | $3.06B | $4.87B | $47,489 | $126 |
| 2021 | 251 | 1,545,142 | $329.5B | $2.95B | $4.59B | $57,952 | $129 |
| 2020 | 265 | 1,612,719 | $319.3B | $6.76B | $4.70B | $51,342 | $104 |
| 2019 | 259 | 1,425,364 | $265.8B | $4.05B | $4.59B | $45,330 | $79.80 |
| 2018 | 252 | 1,554,164 | $245.5B | $2.63B | $3.91B | $38,383 | $73.85 |
| 2017 | 256 | 1,546,265 | $264.2B | $9.63B | $3.75B | $40,795 | $78.07 |
| 2016 | 259 | 1,533,836 | $225.4B | $3.00B | $3.70B | $40,642 | $66.16 |
| 2015 | 270 | 1,681,725 | $223.2B | $2.20B | $3.77B | $38,104 | $43.29 |
| 2014 | 270 | 1,719,224 | $231.6B | $3.60B | $3.77B | $39,873 | $41.40 |
| 2013 | 269 | 1,805,448 | $222.7B | $3.68B | $3.64B | $36,469 | $34.51 |
| 2012 | 259 | 1,795,309 | $203.0B | $3.78B | $3.60B | $31,780 | $27.25 |
| 2011 | 266 | 1,865,932 | $186.4B | $4.38B | $3.50B | $27,812 | $34.83 |
| 2010 | 291 | 1,964,063 | $183.1B | $5.14B | $2.87B | $28,091 | $43.33 |
| 2009 | 295 | 2,006,997 | $165.9B | $5.15B | $3.53B | $25,359 | $34.74 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 236 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 236 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| RTX Consolidated Pension Plan | RTX Corporation | CT | DB | 281,638 | $41.6B | $147,862 | $161 | $82.91 |
| The Boeing Company 401(k) Retirement Plan | The Boeing Co. and Consolidated Subsidiaries | VA | DC | 217,061 | $73.8B | $340,156 | $9,911 | — |
| RTX Savings Plan | RTX Corporation | CT | DC | 214,241 | $58.6B | $273,696 | $8,775 | $45.85 |
| Northrop Grumman Savings Plan | Northrop Grumman Corporation | VA | DC | 151,108 | $44.3B | $293,485 | $6,882 | $77.76 |
| The Pension Value Plan for Employees of the Boeing Company | The Boeing Co. and Consolidated Subsidiaries | VA | DB | 115,617 | $23.3B | $201,878 | — | $62.28 |
| The Boeing Company Employee Retirement Plan | The Boeing Co. and Consolidated Subsidiaries | VA | DB | 115,404 | $15.4B | $133,254 | — | $50.98 |
| Northrop Grumman Pension Plan | Northrop Grumman Corporation | VA | DB | 104,566 | $18.8B | $179,519 | — | $78.59 |
| NG Space&mission Systems Corp. Salaried Pension Pla | Northrop Grumman Corporation | VA | DB | 60,528 | $8.39B | $138,683 | — | $74.88 |
| Bae Systems Employees' Savings and Investment Plan | Bae Systems, Inc. | VA | DC | 58,830 | $12.0B | $204,098 | $6,246 | $28.75 |
| Boeing North American Retirement Plan | The Boeing Co. and Consolidated Subsidiaries | VA | DB | 26,727 | $2.29B | $85,862 | — | $63.58 |
| Bae Systems Employees' Retirement Plan | Bae Systems, Inc. | VA | DB | 20,783 | $3.21B | $154,642 | $10,305 | $425 |
| Northrop Grumman Retirement Plan B | Northrop Grumman Corporation | VA | DB | 20,435 | $2.05B | $100,486 | — | $61.36 |
| Employee Retirement Income Plan - Hourly West | The Boeing Co. and Consolidated Subsidiaries | VA | DB | 18,566 | $1.71B | $92,351 | — | $70.37 |
| Blue 401(k) Plan | Blue Origin, LLC | WA | DC | 14,913 | $1.18B | $79,321 | $5,734 | $64.63 |
| Howmet Aerospace Retirement Plan | Howmet Aerospace Inc. | PA | DB | 12,517 | $678M | $54,178 | $17,422 | — |
| Howmet Aerospace Hourly Retirement Savings Plan | Howmet Aerospace Inc. | PA | DC | 12,334 | $952M | $77,217 | $4,780 | — |
| Employee Retirement Income Plan - Hourly East | The Boeing Co. and Consolidated Subsidiaries | VA | DB | 12,326 | $1.37B | $110,892 | — | $79.35 |
| Heico Savings and Investment Plan | Heico Corporation | FL | DC | 9,131 | $1.28B | $139,659 | $2,743 | $54.20 |
| Constellis Retetirement Plan | Constellis, LLC | VA | DC | 8,050 | $5.1M | $631 | $547 | $10.65 |
| Safran Retirement and Savings Account Plan | Safran USA, Inc. | TX | DC | 7,645 | $598M | $78,232 | $3,776 | $49.13 |
| Vought Aircraft Industries, Inc. Hourly Retirement Plan | Triumph Group, Inc. | PA | DB | 7,240 | $1.15B | $159,269 | $580,282 | $385 |
| Curtiss Wright Corporation Savings & Investment Plan | Curtiss Wright Corporation | NJ | DC | 7,044 | $1.05B | $149,693 | $4,987 | $20.87 |
| Kaman Corporation Employees' Pension Plan | Kaman Corporation | CT | DB | 6,461 | $521M | $80,574 | $0 | $367 |
| Crowdstrike, Inc. Retirement Trust | Crowdstrike, Inc. | CA | DC | 6,446 | $481M | $74,645 | $1,234 | $21.75 |
| Maxar 401(k) Profit Sharing Plan | Maxar Technologies Inc. | CO | DC | 6,272 | $1.32B | $211,216 | $6,046 | $36.66 |
| Rolls Royce North America 401(k) Savings Plan | Rolls Royce N.A. Inc. | VA | DC | 6,193 | $1.88B | $304,253 | $9,879 | $110 |
| Triumph Group, Inc. 401(k) Plan | Triumph Group, Inc. | PA | DC | 5,170 | $835M | $161,596 | $4,129 | $96.01 |
| Otis Retirement Savings Plan | Otis Worldwide Corporation | CT | DC | 5,072 | $475M | $93,724 | $9,542 | $133 |
| Howmet Aerospace Salaried Retirement Savings Plan | Howmet Aerospace Inc. | PA | DC | 5,021 | $1.08B | $214,759 | $9,205 | — |
| Bae Space & Mission Systems Pension Plan | Bae Systems, Inc. | VA | DB | 4,891 | $417M | $85,284 | $29,332 | $115 |
| Retirement Plan for Employees of Learjet Inc., Bombardier Aerospace Corporation and Affiliates | Bombardier Aerospace (Holdings) USA Inc. | KS | DB | 4,554 | $497M | $109,027 | $32,718 | $341 |
| Curtiss Wright Corporation Retirement Plan | Curtiss Wright Corporation | NJ | DB | 4,499 | $873M | $193,985 | — | $375 |
| The UAW Labor-Management Group Pension Plan | Board of Trustees, the UAW Labor-Management Group | CA | DB | 4,369 | $70.0M | $16,014 | $1,790 | $152 |
| Bombardier 401(k) Savings Plan | Bombardier Aerospace (Holdings) USA Inc. | KS | DC | 4,192 | $593M | $141,572 | $6,625 | $99.39 |
| United Launch Alliance 401(k) Savings and Retirement Plan | United Launch Alliance, LLC | CO | DC | 4,061 | $1.01B | $249,840 | $11,290 | $241 |
| Caes 401(k) Plan | Cobham Benefits Holding, LLC | DE | DC | 3,828 | $762M | $199,166 | $33,417 | $79.24 |
| Non-Contributory Retirement Plan | The Boeing Co. and Consolidated Subsidiaries | VA | DB | 3,538 | $514M | $145,209 | — | $143 |
| Kaman Corporation 401(k) Plan | Kaman Corporation | CT | DC | 3,190 | $453M | $141,887 | $4,019 | $36.62 |
| Dassault Falcon Jet Corp. 401(k) Investment and Savings Plan | Dassault Falcon Jet Corporation | NJ | DC | 3,147 | $316M | $100,420 | $6,526 | $10.24 |
| Cirrus Design Corporation 401(k) Plan | Cirrus Design Corporation | MN | DC | 3,059 | $162M | $53,015 | $3,137 | $70.93 |
By plan size
By state
Questions and answers
How many retirement plans are there in aerospace product & parts mfg?
234 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 295 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in aerospace product & parts mfg?
The median defined contribution plan reported $63,619 in net assets per participant (middle half of plans: $37,083 to $105,327); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in aerospace product & parts mfg?
The median defined contribution plan received $2,501 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in aerospace product & parts mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $129 per participant and 0.22% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.