Honeywell International Pension Plan vs Lockheed Martin Corporation Retirement Plan
Side-by-side pension health comparison from DOL and public plan data
Honeywell International Pension Plan and Lockheed Martin Corporation Retirement Plan are meaningfully apart on the LakeQuality pension-health rubric: Honeywell International Pension Plan grades A while Lockheed Martin Corporation Retirement Plan grades B. Funding ratios: 132% vs 79%.
Honeywell International Pension Plan comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
Honeywell International Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Lockheed Martin Corporation Retirement Plan at 70/100 (B). Funding ratios differ by 53.4 percentage points (132.2% vs 78.8%). Honeywell International Pension Plan covers 96,300 participants.
| Metric | Honeywell International Pension Plan | Lockheed Martin Corporation Retirement Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 100/100 (A)* | 70/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 132.2%* | 78.8% |
| Total Assets | $16.6B | $17.4B |
| Total Liabilities | $12.6B* | $22.1B |
| Unfunded Liability | $0* | $4.7B |
| Participants | 96,300 | 84,564 |
| 1-Year Investment Return | 7.2%* | 7.1% |
| Plan Type | corporate | corporate |
| PBGC Risk Level | low | moderate |
| Sponsor | Honeywell International | Lockheed Martin |
Honeywell International Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Lockheed Martin Corporation Retirement Plan at 70/100 (B). Funding ratios differ by 53.4 percentage points (132.2% vs 78.8%). Honeywell International Pension Plan covers 96,300 participants.
Explore More
Related Comparisons
- Honeywell International Pension Plan vs North Carolina Retirement Systems
- Honeywell International Pension Plan vs Raytheon Company Pension Plan for Salaried Employees
- Honeywell International Pension Plan vs AT&T Pension Benefit Plan
- Honeywell International Pension Plan vs UPS Retirement Plan
- Lockheed Martin Corporation Retirement Plan vs Maryland State Retirement & Pension System
- Lockheed Martin Corporation Retirement Plan vs Bakery & Confectionery Union Industry International Pension Fund
- Lockheed Martin Corporation Retirement Plan vs Raytheon Company Pension Plan for Salaried Employees
- Lockheed Martin Corporation Retirement Plan vs AT&T Pension Benefit Plan