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401(k) Retirement Plan · Active

LOCKHEED MARTIN CORPORATION SALARIED EMPLOYEE RETIREMENT PROGRAM

LOCKHEED MARTIN CORPORATION·EIN 521893632
6801 ROCKLEDGE DRIVE, CCT-224 · BETHESDA, MD 20817
Plan year
2024
Plan #
001
Industry
Filing ACK
202510091044…
Prospect flagsNo flags tripped

Summary metrics

Total assets (EOY)
$18271.3M
$0 per participant
Active participants
82,940
38.2% participation
Participation rate
38.2%
3rd percentile
Annual return
0.80%
5th percentile
Admin expense
0.21%
% of assets
Flag timeline

Issue history by plan year

Tripped years: 0Watched years: 0
Section 02

How this plan compares

Peer groupIndustry33, Assets>$1B, Participants>=10,000, Snapshot2024
  • Participant contribution
    $00th pctile
  • Employer contribution
    $62,55186th pctile
  • Participation rate
    38.2%3rd pctile
  • Assets per participant
    $00th pctile
  • Expense efficiency
    $45313th pctile
  • Annual return
    0.80%5th pctile
Overall peer rank

Averaged across 6 normalized metrics within the selected peer group.

Fee trend
Return trend
Section 03

10-year trajectory2021 - 2024

How plan year 2024 played out
Asset flow
-$163.25M
Start of year to end of year
Section 04

Asset composition

End-of-year allocation
Cash drag vs peers
Section 04

Service providers

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Section 05

Plan features & details

Show features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1A1E1I3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Contributions
Employer total$990,000,000
Participant total$0
Employer / P$62,551
Participant / P$0
Expenses
Admin expenses$7,161,754
Per participant$452.50
% of assets0.04%
Fidelity bond
Coverage amount$100,000,000
% of assets0.55%Below ERISA §412 10% minimum
Section 06

Other plans under this sponsor

Same EIN ·521893632
Plan #017$51,448,624,264
LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN
Plan #068$3,200,577,585
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Plan #055$2,987,191,008
LOCKHEED MARTIN CORPORATION PERFORMANCE SHARING PLAN FOR BARGAINING EMPLOYEES
Plan #018$1,171,031,160
LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS
Plan #012$988,747,909
LOCKHEED MARTIN CORPORATION PENSION PLAN FOR SPECIFIED RETIREES
Plan #067$907,971,928
LOCKHEED MARTIN CORPORATION PENSION PLAN FOR EMPLOYEES IN PARTICIPATING BARGAINING UNITS
Plan #033$389,151,643
LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN
Plan #019$283,619,058
LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN
Plan #021$26,255,833
LOCKHEED MARTIN CORPORATION BASIC BENEFIT PLAN FOR HOURLY EMPLOYEES
Plan #020$16,380,234
LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN FOR HOURLY EES