Department of Labor filing

BAE SYSTEMS, INC.

BAE SYSTEMS EMPLOYEES' SAVINGS AND INVESTMENT PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Aug 12, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

80filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$5,697

Reported employer contributions per active participant.

Higher than about 74% of comparable plans

#People in the filing

36,790

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$19 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 92% of comparable plans

↗Investment performance

Not available

Plan assets changed 12.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202480out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions74th percentileTypical peer $3,153 · based on 121 comparable plans

Lower reported administrative expense92nd percentileTypical peer $70 · based on 111 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, BAE SYSTEMS, INC. reported $209,589,186 in employer contributions across the plan and 36,790 active participants. That works out to $5,697 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy63%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 9.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 90.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context80/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $209,589,186
Participant contributions: $396,186,213
Other contributions: $292,497,618
Employer share of reported contributions: 34.6%
Beginning assets: $9,406,287,325
Ending assets: $10,624,156,570
Ending net assets: $10,620,578,077
Ending liabilities: $3,578,493
Total income: $2,214,609,334
Total expenses: $989,261,682
Administrative expenses: $1,032,322
Participant loans: $80,830,153

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$5,190

2023

$5,416

2024

$5,697

Plan-paid administrative expenses per participant

2022

$198

2023

$113

2024

$19

Active participants

2022

31,681

2023

32,246

2024

36,790

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$5,697	36,790	10.6B	20250812172937NAL0007411027001
2023	$5,416	32,246	9.4B	20240827142043NAL0021899986001
2022	$5,190	31,681	8.2B	20230825140028NAL0001898690001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 223537950-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1987
Industry: Industry group 336
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2K2J2R2S2T3F3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
DODGE & COX	2024	Not reported	unknown
EMPOWER ANNUITY INSUR CO OF AMERICA	2024	Not reported	unknown
GALLIARD CAPITAL MANAGEMENT, INC	2024	Not reported	unknown
HARDING LOEVNER	2024	Not reported	unknown
SANDS CAPITAL MANAGEMENT, LLC	2024	Not reported	unknown
SEI TRUST COMPANY	2024	Not reported	unknown
THE NORTHERN TRUST COMPANY	2024	Not reported	unknown
THE VANGUARD GROUP, INC.	2024	Not reported	unknown
WESTWOOD MANAGEMENT CORP.	2024	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20250812172937NAL0007411027001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗