Lockheed Martin Corporation Retirement Plan vs Johnson & Johnson Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Lockheed Martin Corporation Retirement Plan and Johnson & Johnson Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: Lockheed Martin Corporation Retirement Plan grades B while Johnson & Johnson Pension Plan grades A. Funding ratios: 79% vs 124%.
Johnson & Johnson 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
Johnson & Johnson 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%). Johnson & Johnson Pension Plan covers 83,076 participants.
| Metric | Lockheed Martin Corporation Retirement Plan | Johnson & Johnson 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* |
| Participants | 84,564 | 83,076 |
| 1-Year Investment Return | 7.1% | 7.5%* |
| Plan Type | corporate | corporate |
| PBGC Risk Level | moderate | low |
| Sponsor | Lockheed Martin | Johnson & Johnson |
Johnson & Johnson 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%). Johnson & Johnson Pension Plan covers 83,076 participants.
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