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PensionRisk

Lockheed Martin Corporation Retirement Plan vs Deere & Company Pension Plan

Side-by-side pension health comparison from DOL and public plan data

Lockheed Martin Corporation Retirement Plan and Deere & Company Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: Lockheed Martin Corporation Retirement Plan grades B while Deere & Company Pension Plan grades A. Funding ratios: 79% vs 124%.

Deere & Company 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

Deere & Company 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 45.3 percentage points (124.0% vs 78.8%). Deere & Company Pension Plan covers 83,076 participants.

MetricLockheed Martin Corporation Retirement PlanDeere & Company Pension Plan
Health Score
Composite of funding ratio, trend, and PBGC risk
70/100 (B)100/100 (A)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
78.8%124.0%*
Total Assets$17.4B$21.1B
Total Liabilities$22.1B$17.0B*
Unfunded Liability$4.7B$0*
Participants84,56483,076
1-Year Investment Return7.1%7.4%*
Plan Typecorporatecorporate
PBGC Risk Levelmoderatelow
SponsorLockheed MartinJohn Deere

Deere & Company 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 45.3 percentage points (124.0% vs 78.8%). Deere & Company Pension Plan covers 83,076 participants.

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