LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN

Overview

Plan Contact

  • Address: 6801 ROCKLEDGE DRIVE, CCT-115,BETHESDA,MD
  • Contact person: ROBERT MUENINGHOFF
  • Phone: (863) 647-0370

Plan General Information


At the end of 2022, the total retirement plan assets of LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN is $246,809,403.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN is 11270

In 2022, the average participant retirement account value for LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN is $21,899


In 2022, the estimated average employer match for an employee in LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN is approximately $432

In 2022, the total retirement plan asset growth rate of LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN is -13.62%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN is -9.03%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN is 0.02%.

Enrollment Features

LOCKHEED MARTIN CORPORATION CAPITAL ACCUMULATION PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.