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

Lockheed Martin Corporation

83 Plan:

 
 
83
40
78
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (83) and the top rated plan (90) could equate to:
[How is this calculated?]
4 additional years of work
Up to $30,800 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 83. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Lockheed Martin Corporation Salaried Savings Plan currently has over 124,400 active participants and over $26.9B in plan assets.


 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Lockheed Martin Corporation Common Stock 22%
2. SSgA S&P 500 Index 15%
3. Total Guaranteed Investment Contracts 10%

 Retirement Plan Details

Address 6801 Rockledge Drive, Cct-115
Bethesda, MD 20817 
Industry Manufacturing
Administrator Donald Remsch
Net Plan Assets $26,900,000,000
Total Participants 120,000
Avg Account Balance $220,000

 Compare Other Companies in Peer Group

Exxon Mobil 88.2
Chevron 86.3
Raytheon Company 84.0
Northrop Grumman 83.1
General Electric Company 80.5
United Technologies 79.0

  Plan Service Provider

Auditor Mitchell & Titus, LLP