2023 Form 5500 filing — Lockheed Martin Corporation Basic Benefit Plan For Hourly Employees

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240724135540NAL0013077521001) for Lockheed Martin Corporation Basic Benefit Plan For Hourly Employees, reported by Lockheed Martin Corporation under EIN 52-1893632 and plan number 021. It reports 11,742 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$51.7MReported net assets$51,735,565
Participants11.7K11,742
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20240724135540NAL0013077521001
Plan sponsor
Lockheed Martin Corporation
EIN
52-1893632
Plan number
021
Location
Bethesda, MD
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$51.7M total assets
Net assets$51.7MLiabilities$8.2K
Money in vs. money out
Total income / additions$6.5M
Total expenses$4.5M
Benefits paid / distributions$4.5M
Contributions
Employer$1.2M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$51,743,813
Total liabilities (EOY)
$8,248
Net assets (EOY)
$51,735,565
Employer contributions
$1,154,319
Total income / additions
$6,514,128
Benefits paid
$4,539,880
Administrative expenses
$8,248
Total expenses
$4,548,128
Net increase / (decrease)
$1,966,000

Related Form 5500 pages