Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
BAE SYSTEMS, INC.
EIN 22-3537950defense & spaceLatest filing 2024
Plans
10
Retirement
3
$14.26B assets
Welfare
7
$63.8M premiums
Participants
197,411
2941 FAIRVIEW PARK DRIVE - FALLS CHURCH, VA 22042888-900-4223LinkedIn10001+ employeesdefense & space
Plans on this EIN
10 filings#003401k-$10.62B - 58,807 part#050TraditionalDB-$3.22B - 20,783 part#053TraditionalDB-$417.2M - 4,891 part#501Fully Insured-$61.2M - 36,502 lives#503Mixed-$1.3M - 2,144 lives#515Fully Insured-$1.3M - 3,579 lives#509Self Funded-0 lives#625Self Funded-0 lives#626Self Funded-0 lives#627Self Funded-0 lives
Retirement portfolio analytics
3 plans aggregated / $14.26B assets / 84,481 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
7 plans / $63.8M premiums / 42,225 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$31.3M
- Life$28.0M
- Health$18.6M
- Long-term disability$8.6M
- Vision$5.2M
- Dental$1.8M
- +1 more
Carrier market share
Premium dollars by Schedule A carrier
46%top
- HARTFORD LIFE AND ACCIDENT46%
- LIFE INSURANCE COMPANY OF NORTH AMERICA14%
- SENTARA HEALTH PLAN14%
- KAISER FOUNDATION HEALTH PLAN INC9%
- VISION SERVICE PLAN8%
- +3 more
Broker market share
Schedule A broker compensation
100%top
- WILLIS TOWERS WATSON US LLC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#003
BAE SYSTEMS EMPLOYEES' SAVINGS AND INVESTMENT PLAN
401k
Assets$10.62B
Participants58,807
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#050
BAE SYSTEMS EMPLOYEES' RETIREMENT PLAN
TraditionalDB
Assets$3.22B
Participants20,783
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#053
BAE SPACE & MISSION SYSTEMS PENSION PLAN
TraditionalDB
Assets$417.2M
Participants4,891
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
BAE SYSTEMS UNFUNDED WELFARE BENEFIT PLAN
Fully Insured - HARTFORD LIFE AND ACCIDENT
Premiums$61.2M
Covered lives36,502
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#503
BAE SYSTEMS FUNDED WELFARE BENEFIT PLAN
Mixed - NEW YORK LIFE INSURANCE COMPANY OF NEW YORK
Premiums$1.3M
Covered lives2,144
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#515
BAE SYSTEMS RETIREE WELFARE BENEFIT PLAN
Fully Insured - HARTFORD LIFE AND ACCIDENT
Premiums$1.3M
Covered lives3,579
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#509
BAE SYSTEMS SEVERANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#625
BAE SYSTEMS SEVERANCE PLAN FOR EMPLOYEES SUBJECT TO SERVICE CONTRACT ACT AND DAVIS BACON ACT (SCA/DBA)
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#626
BAE SYSTEMS SEVERANCE PLAN INTELLIGENCE & SECURITY
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#627
BAE SYSTEMS SEVERANCE PLAN INTELLIGENCE & SECURITY FOR EMPLOYEES SUBJECT TO SCA AND DBA
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 003 | BAE SYSTEMS EMPLOYEES' SAVINGS AND INVESTMENT PLAN | 401k | $10.62B | 58,807 | 2024 | |
| 050 | BAE SYSTEMS EMPLOYEES' RETIREMENT PLAN | TraditionalDB | $3.22B | 20,783 | 2024 | |
| 053 | BAE SPACE & MISSION SYSTEMS PENSION PLAN | TraditionalDB | $417.2M | 4,891 | 2024 |
Welfare plans7
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | BAE SYSTEMS UNFUNDED WELFARE BENEFIT PLAN | Fully Insured | HARTFORD LIFE AND ACCIDENT | $61.2M | 36,502 | 2024 | |
| 503 | BAE SYSTEMS FUNDED WELFARE BENEFIT PLAN | Mixed | NEW YORK LIFE INSURANCE COMPANY OF NEW YORK | $1.3M | 2,144 | 2024 | |
| 515 | BAE SYSTEMS RETIREE WELFARE BENEFIT PLAN | Fully Insured | HARTFORD LIFE AND ACCIDENT | $1.3M | 3,579 | 2024 | |
| 509 | BAE SYSTEMS SEVERANCE PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 625 | BAE SYSTEMS SEVERANCE PLAN FOR EMPLOYEES SUBJECT TO SERVICE CONTRACT ACT AND DAVIS BACON ACT (SCA/DBA) | Self Funded | - | $0 | 0 | 2024 | |
| 626 | BAE SYSTEMS SEVERANCE PLAN INTELLIGENCE & SECURITY | Self Funded | - | $0 | 0 | 2024 | |
| 627 | BAE SYSTEMS SEVERANCE PLAN INTELLIGENCE & SECURITY FOR EMPLOYEES SUBJECT TO SCA AND DBA | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans