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Company:
Lockheed Martin Corporation
Plan:
Lockheed Martin Corporation Retirement Savings Plan for Salaried Employees
 

Lockheed Martin Corporation

65 Plan:

 
 
65
40
67
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
12 additional years of work
Up to $76,100 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.

 

Retirement Plan Description

Lockheed Martin Corporation Retirement Savings Plan for Salaried Employees 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 65. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Lockheed Martin Corporation Retirement Savings Plan for Salaried Employees currently has over 600 active participants and over $31.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 24
Top 3 Funds in this 401k
1. Lockheed Martin Corporation Common Stock 18%
2. Total Common Stocks 10%
3. SSgA S&P 500 Flagship 8%

 
Plan Component Ratings

 Retirement Plan Details

Address Lockheed Martin Corporation
6801 Rockledge Drive
Bethesda, MD 20817 
Industry Manufacturing
Administrator Donald Remsch
Net Plan Assets $31,300,000
Total Participants 700
Avg Account Balance $46,000

 Compare Other Companies in Peer Group

C.F. Martin & Co. 78.5
PaR Systems 75.8
RTC Industries 73.1
The Siemon Company 72.5
Raynor Manufacturing Company 62.8
David Clark Company 61.3

  Plan Service Provider

Auditor Mitchell & Titus, LLP

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