LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS 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 OPERATIONS SUPPORT SAVINGS PLAN is $361,366,391.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN is 4893

In 2022, the average participant retirement account value for LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN is $73,853

In 2022, the estimated average employee contribution amount per participant for LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN is $369

In 2022, the estimated average employer match for an employee in LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN is approximately $114

In 2022, LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN allocates $561,012 to match its employees’ contributions, providing an employer match rate of 29.87% of their contributions

In 2022, the total retirement plan asset growth rate of LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN is -12.40%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN is -7.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN is 0.01%.

Enrollment Features

LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.