LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS

At the end of 2022, the total retirement plan assets of LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is $1,690,585,938.This plan was established in 1965.

At the end of 2022, the total number of retirement plan participants in LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is 18755

In 2022, the average participant retirement account value for LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is $90,140

In 2022, the estimated average employee contribution amount per participant for LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is $4,846

In 2022, the estimated average employer match for an employee in LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is approximately $1,503

In 2022, LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS allocates $28,201,389 to match its employees’ contributions, providing an employer match rate of 31.38% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is -5.54%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is -4.10%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS is 0.01%.

Enrollment Features

LOCKHEED MARTIN CORPORATION HOURLY EMPLOYEE SAVINGS PLAN PLUS has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.