PlanOptica
Retirement plan

LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN

LOCKHEED MARTIN CORPORATIONEIN 52-1893632Plan #019PY 2018
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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-$32.32B assets#001Retirement-$27.02B assets#002Retirement-$3.79B assets#018Retirement-$1.24B assets#055Retirement-$1.16B assets#067Retirement-$811.3M assets#068Retirement-$332.8M assets#033Retirement-$312.2M assets#006Retirement-$279.5M assets#043Retirement-$166.0M assets
Prospect flagsLow returnsLow 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 10/11/2019
How to read this page

Summary metrics

Total assets (EOY)
$238.1M
-15.6% from 2016
Total participants
12,347
-25.2% from 2016
Average account balance
$19,318
-4.9% from 2016
Annual return
-81.80%
-9.50 pp from 2016

Benchmarks

See 831 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants1,000-4,999
Cohort831 peers
Snapshot2018
Participant deferral / active EE
$0
median $4,282
Employer contribution / active EE
$40,369
median $2,159
Participation rate
99.2%
median 93.4%
Avg account balance
$19,318
median $65,680
Admin fee / account holder
$2
median $67
Annual return
-81.80%
median -4.46%
Overall peer rank
58th 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.

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

CategoryCounterpartyRelationship / TermsAddressAmount
Part 3
Non-exempt transaction
LOCKHEED MARTIN CORPORATION
EMPLOYER, PLAN SPONSOR/ADMIN
INCORRECT TRUST CHARGING OF TRAVEL EXPENSES
—$3

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

2 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • 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
$24K
$8 / participant
  • Investment mgmt$8K35.5%
  • Contract admin$15K64.5%
% of EOY assets
0.010%
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