2023 Form 5500 filing — Lockheed Martin Corporation Group Insurance Plan For Retired Employees
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007205041NAL0015750497001) for Lockheed Martin Corporation Group Insurance Plan For Retired Employees, reported by Lockheed Martin Corporation under EIN 52-1893632 and plan number 591. It reports 45,018 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007205041NAL0015750497001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lockheed Martin Corporation
- EIN
- 52-1893632
- Plan number
- 591
- Location
- Bethesda, MD
- Participants
- 45,018
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $702,873,193
- Total liabilities (EOY)
- $3,181,535
- Net assets (EOY)
- $699,691,658
- Employer contributions
- $957,302
- Participant contributions
- $10,594,945
- Total income / additions
- $126,196,428
- Benefits paid
- $55,932,801
- Administrative expenses
- $4,762,870
- Total expenses
- $60,695,671
- Net increase / (decrease)
- $65,500,757
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aetna Health Inc. | CLAIMS ADMINISTRATOR | $5,584,662 | not reported in the loaded dataset |
| Cigna Healthcare | CLAIMS ADMINISTRATOR | $774,289 | not reported in the loaded dataset |
| Healthpartners Inc | CLAIMS ADMINISTRATOR | $428,877 | not reported in the loaded dataset |
| Aetna Life Insurance Company | CLAIMS ADMINISTRATOR | $286,873 | not reported in the loaded dataset |
| Cigna Health & Life Insurance Co. | CLAIMS ADMINISTRATOR | $262,020 | not reported in the loaded dataset |
| Unitedhealthcare Insurance Company | CLAIMS ADMINISTRATOR | $50,343 | not reported in the loaded dataset |