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Company:
Lockheed Martin Corporation
Plan:
Lockheed Martin Corporation Salaried Savings Plan
 

Lockheed Martin Corporation

82 Plan:

 
 
82
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73
86
0
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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?]
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.

 

 Comments

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

 Top 3 Funds in this 401k

1. Lockheed Martin Corporation Common Stock 20%
2. Lockheed Martin Stable Value Fund 16%
3. Lockheed Martin S&P 500 Indexed Equity Fund 8%

  Plan Service Providers

Auditor Mitchell & Titus, LLP
Corporate Trustee State Street Global Advisors
Recordkeeper ING
Recordkeeper AllianceBernstein

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