Employers › Lockheed Martin › plan 033
Recordkeeping fees per participant · Lockheed Martin Corporation Operations Support Savings Plan · plan year 2024
$2.09
Higher than 2% of the 1,697 plans $250M to 1B that report it.
= $8,002 / 3,833
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250723154317NAL0002001587001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723154317NAL0002001587001, received 2025-07-23
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-07-23.
Administrative expenses excluding investment management, per participant
$2.09
Higher than 1% of the 2,324 plans $250M to 1B that report it.
= $8,002 / 3,833
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250723154317NAL0002001587001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723154317NAL0002001587001, received 2025-07-23
Administrative expenses per participant
$11.49
Higher than 4% of the 2,405 plans $250M to 1B that report it.
= $44,045 / 3,833
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723154317NAL0002001587001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723154317NAL0002001587001, received 2025-07-23
Administrative expenses as a share of assets
0.011%
Higher than 7% of the 2,407 plans $250M to 1B that report it.
= $44,045 / $389,151,643
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723154317NAL0002001587001, received 2025-07-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250723154317NAL0002001587001, received 2025-07-23
Employer contributions per participant
$123
Higher than 1% of the 2,457 plans $250M to 1B that report it.
= $471,735 / 3,833
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723154317NAL0002001587001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723154317NAL0002001587001, received 2025-07-23
Employer share of total contributions
23.3%
Higher than 25% of the 2,459 plans $250M to 1B that report it.
= $471,735 / $2,025,820
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723154317NAL0002001587001, received 2025-07-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250723154317NAL0002001587001, received 2025-07-23
99.6% 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 $547,576 ($154.35 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2O ESOP-related feature · 2I · 2S pre-approved plan document · 2T default investment (QDIA) · 2F ERISA 404(c) plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250723154317NAL0002001587001, received 2025-07-23
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LOCKHEED MARTIN CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Plan name | LOCKHEED MARTIN CORPORATION OPERATIONS SUPPORT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Sponsor EIN / plan number | 52-1893632 / 033 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Sponsor location | BETHESDA, MD | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Filing received | 2025-07-23 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Participants, beginning of year | 4,331 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Active participants | 1,125 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Participants, end of year | 4,050 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Participants with an account balance | 3,833 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Total assets, beginning of year | $375,833,004 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Total assets, end of year | $389,151,643 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Net assets, end of year | $389,107,598 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Total income | $51,243,183 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Net income | $13,318,667 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Employer contributions | $471,735 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Participant contributions | $1,531,469 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Other contributions (incl. rollovers) | $22,616 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Total contributions | $2,025,820 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Benefit payments | $37,792,156 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Total expenses (incl. benefit payments) | $37,924,516 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Total administrative expenses | $44,045 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Recordkeeping fees | $8,002 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Investment advisory and management fees | $36,043 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Administrative expenses excluding investment management | $8,002 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Held in master trusts | $387,618,694 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250723154317NAL0002001587001, received 2025-07-23 |
| Independent auditor | MITCHELL & TITUS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250723154317NAL0002001587001, received 2025-07-23 |
Position = column in the DOL layout for form year 2024. Filing 20250723154317NAL0002001587001, received 2025-07-23.
No Schedule C is attached to this plan's filing; providers are reported on the master trust's filing (below).
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250723154317NAL0002001587001, received 2025-07-23.
LMC DEFINED CONTRIB MASTER TRUST (EIN 043321934, PN 002): plan interest $387,618,694, 0.7% of the trust. The trust's own filing (20251014200150NAL0001807619001, received 2025-10-14) reports net assets $55,985,177,988, administrative expenses $79,088,359, recordkeeping fees not reported, investment management fees $45,864,960 and 63 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| GREAT WEST LIFE & ANNUITY INS COrecordkeeper | 13 15 27 37 38 50 99 | $17,257,391 | $119,483 |
| ARTISAN PARTNERS LIMITED | 51 68 | $4,190,957 | $29,016 |
| WESTFIELD CAPITAL MANAGEMENT CO LP | 28 68 71 | $3,689,391 | $25,544 |
| SELECT EQUITY GROUP, L.P. | 28 68 | $3,621,336 | $25,073 |
| LOCKHEED MARTIN CORPORATION LMIMCO | 10 14 16 29 99 | $3,501,626 | $24,244 |
| ROBECO | 28 68 71 | $2,917,614 | $20,200 |
| STATE STREET BANK & TRUST CO | 21 50 | $2,819,662 | $19,522 |
| ARISTOTLE CAPITAL MANAGEMENT, LLC | 28 68 71 | $2,482,910 | $17,191 |
| ALLIANCEBERNSTEIN L.P. | 28 52 | $2,153,287 | $14,908 |
| VULCAN VALUE PARTNERS, LLC | 51 68 | $2,148,865 | $14,878 |
| VAN BERKOM AND ASSOCIATES, INC. | 28 | $2,080,785 | $14,407 |
| BLACKROCK INSTITUTIONAL TRUST CO | 28 50 51 99 | $1,866,309 | $12,922 |
| INVESCO ADVISERS, INC. | 28 99 | $1,830,414 | $12,673 |
| OAKTREE CAPITAL MANAGEMENT LP | 28 | $1,512,349 | $10,471 |
| POLARIS CAPITAL MANAGEMENT, LLC | 28 55 71 | $1,462,991 | $10,129 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $375,833,004 | $389,151,643 | 3.5% |
| Participants with a balance | 4,099 | 3,833 | -6.5% |
| Administrative expenses | $44,073 | $44,045 | -0.1% |
| Recordkeeping fees per participant | $1.68 | $2.09 | 24.1% |
| Employer contributions | $529,147 | $471,735 | -10.8% |
Prior filing 20240724190116NAL0028617426001, received 2024-07-24; the plan years are contiguous.