Lockheed Martin Corporation Performance Sharing Plan For Bargaining Employees — Form 5500 plan (Lockheed Martin Corporation)

Plain-English plan 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, Lockheed Martin Corporation Performance Sharing Plan For Bargaining Employees is a benefit plan reported by Lockheed Martin Corporation under EIN 52-1893632 and plan number 055. The latest loaded filing year is 2023. The filing reports 15,298 participants and $2,172,010,800 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lockheed Martin Corporation
EIN
52-1893632
Plan number
055
Plan type
2
Location
Bethesda, MD
Latest filing year
2023
Participants
15,298
End-of-year plan assets
$2,172,010,800

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202315,298H20240724190813NAL0013698849001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,172,010,800
Total liabilities (EOY)
$283,605
Net assets (EOY)
$2,171,727,195
Net assets (BOY)
$1,658,297,295

Income & contributions

Employer contributions
$68,485,333
Participant contributions
$99,271,867
Total contributions
$175,528,576
Total income / additions
$411,370,069

Expenses & distributions

Benefits paid
$130,986,317
Administrative expenses
$283,605
Total expenses
$131,737,128
Net increase / (decrease)
$279,632,941

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages