LOCKHEED MARTIN CORPORATION SALARIED 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 SALARIED SAVINGS PLAN is $43,624,690,273.This plan was established in 1965.
At the end of 2022, the total number of retirement plan participants in LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN is 137004
In 2022, the average participant retirement account value for LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN is $318,419
In 2022, the estimated average employee contribution amount per participant for LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN is $8,294
In 2022, the estimated average employer match for an employee in LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN is approximately $7,157
In 2022, LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN allocates $980,614,269 to match its employees’ contributions, providing an employer match rate of 86.47% of their contributions
In 2022, the total retirement plan asset growth rate of LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN is -7.44%
In 2022, the estimated aggregate retirement account investment gain/loss for LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN is -5.37%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOCKHEED MARTIN CORPORATION SALARIED SAVINGS PLAN is 0.01%.
Enrollment Features
LOCKHEED MARTIN CORPORATION SALARIED 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.