Plan Snapshot
- Plan Sponsor: Lockheed Martin Corporation
- Sponsor EIN: 521893632
- Sponsor Address: 6801 ROCKLEDGE DRIVE, CCT-224, BETHESDA, MD, 20817
- Plan Type: 401(k)
- Plan Number: 017
- Total Participants: 144,858
- Total Assets: $55.4B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 144,858 | $55.4B | $0 | $0 |
| 2024 | 94,445 | $51.4B | $1.1B | $1.3B |
| 2023 | 96,747 | $47.3B | $1.1B | $1.2B |
| 2022 | 90,679 | $43.6B | $980.6M | $1.1B |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MITCHELL & TITUS, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $4,835,356,298 | $4,519,518 | — | — | — |
| 2024 | $5,823,212 | $4,765,206 | — | — | — |
| 2023 | $5,270,473 | $4,275,938 | $43,248 | — | — |
| 2022 | $5,445,299 | $4,516,151 | $929,148 | — | — |