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Lockheed Martin Corporation

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Lockheed Martin Corporation

85
Form 5500 Data
(Top 30 2013)
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
85
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (63)
Average in Peer Group (82)
Highest in Peer Group (91)

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 85. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Lockheed Martin Corporation Salaried Savings Plan currently has over 128,700 active participants and over $32.3B in plan assets.

Did you know?

For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (85) and the top rated plan (91) could equate to:
5
Additional years of work
132,131
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 6801 Rockledge Drive, Cct-115
  • Location
    Bethesda , MD
    • 20817
  • Industry
    Manufacturing
  • Administrator
    Robert Mueninghoff
  • Net Plan Assets
    $32,300,000,000
  • Total Participants
    130,000
  • Avg Account Balance
    $250,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great

Peer Group Plans

Company Rating
Exxon Mobil 87.8
General Motors LLC 87.8
Johnson And Johnson 86.5
Raytheon Company 84.7
Northrop Grumman 84.5
General Electric Company 81.8

Top Industry Articles

exclusives
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June 11, 2020
Compliance
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The case is yet another example of Employee Retirement Income Security Act (ERISA) litigation to question the use of actively managed default investments.

August 10, 2020
Deals & People
Recordkeeper Consolidation Continues Amid Pandemic

Principal Financial Group acquired Wells Fargo’s institutional retirement and trust businesses in July 2019 and aims to complete the integration in 2021—pandemic or not.

August 12, 2020
Compliance
Mercy Health Charged With Excessive Fees, Prohibited Transactions

The lawsuit challenges fees for recordkeeping, target-date funds and stable value funds, as well as fees paid to service providers to the health care system's 403(b) plan.

August 11, 2020
exclusives
DOL’s ESG Restrictions Prompt Retirement Industry Head Scratching
Broad based demand is building among U.S. retirement plan investors for access to environmentally and socially responsible investments, leaving industry analysts wondering why new restrictions are being proposed by the Trump administration.
August 5, 2020

Investments

Investment Menu Stats

# of Investment Options

39

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Lockheed Martin Corporation Common Stock 24%
N/A
State Street S&P 500 Index 17%
N/A
Invesco Stable Value Fund 9%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Mitchell & Titus, LLP

Articles and Questions

Boeing Plan Report (Updated)

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Why Do Investment Expenses Matter?
Ryan Alfred

Popular Questions

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