Lockheed Martin Corporation
82
Plan:
10
73
86
0
10
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70
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100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (82) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
2 additional years of work Up to $95,000 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Lockheed Martin Corporation Salaried Savings Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Lockheed Martin Corporation Salaried Savings Plan currently has over 136,700 active participants and over $19.3B in plan assets.
Retirement Plan Details
| Address |
Lockheed Martin Corporation
6801 Rockledge Drive Bethesda, MD 20817 |
| Industry | Manufacturing |
| Administrator | Donald Remsch |
| Net Plan Assets | $19,300,000,000 |
| Total Participants | 140,000 |
| Avg Account Balance | $140,000 |
Compare Other Companies in Peer Group
| Johnson & Johnson | 84.5 |
| Northrop Grumman | 82.1 |
| General Electric Company | 80.3 |
| Raytheon Company | 79.4 |
| Honeywell International | 78.1 |
| United Technologies | 77.7 |
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