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Company:
Lockheed Martin Corporation
Plan:
Lockheed Martin Operations Support Savings Plan
 

Lockheed Martin Corporation

76 Plan:

 
 
76
25
66
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (76) and the top rated plan (91) could equate to:
[How is this calculated?]
11 additional years of work
Up to $58,100 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 Operations Support Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate and Total Plan Cost. Lockheed Martin Operations Support Savings Plan currently has over 18,900 active participants and over $628.1M in plan assets.

 Retirement Plan Details

Address 6801 Rockledge Dr
Bethesda, MD 20817-1803 
Industry Manufacturing
Administrator Clare O'Callaghan
Net Plan Assets $628,000,000
Total Participants 19,000
Avg Account Balance $33,000

 Compare Other Companies in Peer Group

Brunswick 70.6
Newell Rubbermaid 70.0
Stanley Black & Decker 69.5
Estee Lauder 68.2
Hill-Rom Holdings 65.8
Jeld-Wen 63.2

 Top 3 Funds in this 401k

1. Total Common Stocks 31%
2. SSgA S&P 500 Index 8%
3. Pyramid Aggressive Allocation Fund 8%

  Plan Service Providers

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

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