Plan Snapshot
- Plan Sponsor: Lockheed Martin Corporation
- Sponsor EIN: 521893632
- Sponsor Address: 6801 ROCKLEDGE DRIVE, CCT-224, BETHESDA, MD, 20817
- Plan Type: DC
- Total Participants: 1,125
- Total Assets: $389.2M
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. |
|---|---|---|---|---|
| 2024 | 1,125 | $389.2M | $471,735 | $1.5M |
| 2023 | 1,338 | $375.8M | $529,147 | $1.7M |
| 2022 | 1,447 | $361.4M | $561,012 | $1.9M |
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 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MITCHELL & TITUS, LLP — Auditor
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 |
|---|---|---|---|---|---|
| 2024 | $44,045 | $36,043 | — | — | — |
| 2023 | $44,073 | $33,995 | $1,825 | — | — |
| 2022 | $46,449 | $37,410 | $9,039 | — | — |