Northrop Grumman Pension Plan
corporate plan · Northrop Grumman · Richmond, VA
ACTIVEPBGC Covered
A
Pension Health Score
82/100
Funding Status78% Funded
0%80% threshold100%
$20.1B
Total Assets
$25.8B
Total Liabilities
$5.7B
Unfunded Liability
103,235
Participants
Funding History
What This Means for You
Northrop Grumman Pension Plan is in excellent financial health at 78% funded. This means for every dollar the plan owes in future benefits, it has 78 cents in assets to cover it. This plan is also covered by the PBGC, providing an additional safety net. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $20.1B | $25.8B | 78.1% | $1.3B |
| 2024 | $20.1B | $25.9B | 77.5% | $1.5B |
| 2023 | $18.7B | $25.8B | 72.5% | $1.5B |
| 2022 | $18.0B | $25.7B | 70.2% | $1.4B |
| 2021 | $16.8B | $25.9B | 65.0% | $1.5B |