PlanOptica
Retirement plan

LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN

LOCKHEED MARTIN CORPORATIONEIN 52-1893632Plan #019PY 2016
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6801 ROCKLEDGE DRIVE, CCT-115 - BETHESDA, MD 20817863-647-0370lockheedmartin.comLinkedIn10001+ employeesdefense & space
Other plans on this EIN
10 filings
#017Retirement-$30.90B assets#001Retirement-$26.76B assets#002Retirement-$3.81B assets#018Retirement-$1.16B assets#055Retirement-$1.08B assets#067Retirement-$735.8M assets#033Retirement-$342.7M assets#006Retirement-$282.3M assets#025Retirement-$181.0M assets#043Retirement-$170.4M assets
Prospect flagsLow assets / participant

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(863) 647-0370
Plan administrator signer
ROBERT MUENINGHOFF
Signed 10/14/2017
How to read this page

Summary metrics

Total assets (EOY)
$660.8M
-15.6% from 2016
Total participants
43,422
-25.2% from 2016
Average account balance
$18,241
-4.9% from 2016
Annual return
9.34%
-9.50 pp from 2016

Benchmarks

See 85 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort85 peers
Snapshot2016
Participant deferral / active EE
$0
median $6,390
Employer contribution / active EE
$2,704
median $3,656
Participation rate
79.7%
median 94.0%
Avg account balance
$18,241
median $129,246
Admin fee / account holder
$1
median $52
Annual return
9.34%
median 8.87%
Overall peer rank
40th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$283.62M
Average account balance
Total assets / participants with a balance (line 6g)
$23K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
12,295
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
99.7%
Contributions (total)
Employer and participant dollars contributed each year
$8.95M
Contributions per participant
Average employer and participant contribution per enrolled participant
$1K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.47%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$3
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

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.

Top hat statement on fileNQDC

Filed February 22, 2016 (most recent of 4 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
6801 Rockledge Drive, CCT-115
Bethesda State: MD Zip Code: 20817
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (13)

  • Lockheed Martin Corporation Nonqualified Capital Accumulation Plan227 emp
  • Lockheed Martin Corporation Supplemental Retirement Plan5,195 emp
  • Lockheed Martin Pilots Supplemental Retirement Plan84 emp
  • Supplemental Retirement Benefit Plan for Certain Transferred Employees of Lockheed Martin Corporation174 emp
  • Lockheed Martin Corporation Supplemental Savings Plan2,227 emp
  • +8 more

Total covered: 9,838 employees

Open the filing PDF

Plan features & details

Pension benefit codes2E2F2G3H2R3F2T2O
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2O
    ESOP other than a leveraged ESOP
    Employee stock ownership plan that is not leveraged.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 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)).

Opportunity flags

1 tripped
  • OpportunityLow assets / participant

    Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II
Admin total
$53K
$1 / participant
  • Investment mgmt$21K39.9%
  • Contract admin$32K60.1%
% of EOY assets
0.008%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
MITCHELL & TITUS LLP
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Unqualified