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

Lockheed Martin Corporation

83 Plan:

 
 
83
29
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 2 point difference between this plan's BrightScope Rating (83) and the top rated plan (85) could equate to:
[How is this calculated?]
2 additional years of work
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 83, 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 131,600 active participants and over $19.8B in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Lockheed Martin Corporation Common Stock 19%
2. Lockheed Martin Stable Value Fund 17%
3. Lockheed Martin Broad Market Bond Index Fund 9%

 Retirement Plan Details

Address 6801 Rockledge Drive, Cct-115
Bethesda, MD 20817 
Industry Manufacturing
Administrator Donald Remsch
Net Plan Assets $19,800,000,000
Total Participants 130,000
Avg Account Balance $160,000

 Compare Other Companies in Peer Group

Exxon Mobil 86.9
Chevron 86.7
Northrop Grumman 83.6
General Electric Company 80.5
Hewlett-Packard Company 79.3
United Technologies 78.0

  Plan Service Provider

Auditor Mitchell & Titus, LLP