Employers › Lockheed Martin
Recordkeeping fees per participant · largest plan, Lockheed Martin Corporation Salaried Savings Plan · plan year 2024
$7.32
Higher than 11% of the 790 plans over $1B that report it.
= $1,058,006 / 144,580
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250728202928NAL0003650576001, received 2025-07-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250728202928NAL0003650576001, received 2025-07-28
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-28.
Recordkeeping fees per participantheadline
$7.32
Higher than 11% of the 790 plans over $1B that report it.
= $1,058,006 / 144,580
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250728202928NAL0003650576001, received 2025-07-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250728202928NAL0003650576001, received 2025-07-28
Administrative expenses excluding investment management, per participant
$7.32
Higher than 8% of the 1,045 plans over $1B that report it.
= $1,058,006 / 144,580
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250728202928NAL0003650576001, received 2025-07-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250728202928NAL0003650576001, received 2025-07-28
Administrative expenses per participant
$40.28
Higher than 21% of the 1,076 plans over $1B that report it.
= $5,823,212 / 144,580
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250728202928NAL0003650576001, received 2025-07-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250728202928NAL0003650576001, received 2025-07-28
Administrative expenses as a share of assets
0.011%
Higher than 9% of the 1,076 plans over $1B that report it.
= $5,823,212 / $51,448,624,264
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250728202928NAL0003650576001, received 2025-07-28
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250728202928NAL0003650576001, received 2025-07-28
Employer contributions per participant
$7,679
Higher than 85% of the 1,135 plans over $1B that report it.
= $1,110,246,326 / 144,580
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250728202928NAL0003650576001, received 2025-07-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250728202928NAL0003650576001, received 2025-07-28
Employer share of total contributions
44.5%
Higher than 84% of the 1,135 plans over $1B that report it.
= $1,110,246,326 / $2,492,574,580
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250728202928NAL0003650576001, received 2025-07-28
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250728202928NAL0003650576001, received 2025-07-28
99.5% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $72,302,871 ($540.37 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Employer match
“The Corporation contributes a matching contribution equal to 50% of the participant’s contribution up to the first 8% (i.e., up to 4%) of the participant’s base salary.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Participants are immediately vested in all employee contributions, rollover contributions from other qualified plans, the Corporation's matching contributions and earnings (or losses) thereon.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“If automatically enrolled, a participant’s contribution is set at 4% of base salary in before-tax contributions.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
| Plan | Assets | Participants with a balance | Headline | Year |
|---|---|---|---|---|
| Lockheed Martin Corporation Salaried Savings Plan | $51,448,624,264 | 144,580 | $7.32 recordkeeping fees per participant | 2024 |
| Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees | $2,987,191,008 | 21,552 | $2.85 recordkeeping fees per participant | 2024 |
| Lockheed Martin Corporation Hourly Employee Savings Plan Plus | $1,171,031,160 | 9,593 | $2.51 recordkeeping fees per participant | 2024 |
| Lockheed Martin Corporation Operations Support Savings Plan | $389,151,643 | 3,833 | $2.09 recordkeeping fees per participant | 2024 |
Sponsor name as filed: LOCKHEED MARTIN CORPORATION; SEC registrant: LOCKHEED MARTIN CORP (CIK 936468, matched by EIN; display name from the Form 11-K cover).