Plan Snapshot
- Plan Sponsor: Lockheed Martin Corporation
- Sponsor EIN: 521893632
- Sponsor Address: 6801 ROCKLEDGE DRIVE, CCT-224, BETHESDA, MD, 20817
- Plan Type: DC
- Plan Number: 020
- Total Participants: 1,131
- Total Assets: $13.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,131 | $13.2M | $0 | $0 |
| 2024 | 1,391 | $16.4M | $532,800 | $0 |
| 2023 | 4,157 | $39.0M | $4.1M | $0 |
| 2022 | 3,867 | $32.0M | $5.6M | $0 |
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 | $1,184,466 | $1,078 | — | — | — |
| 2024 | $1,854 | $1,517 | — | — | — |
| 2023 | $6,024 | $3,530 | $680 | — | — |
| 2022 | $6,133 | $3,313 | $2,820 | — | — |