Free equity analysis
Complete guide to Lockheed Martin employee benefits including 401k match, retirement plans, and more.
Match Rate
50%
of first 8% contributed
Max Match
$12,000
per year
Match Vesting
Immediate
100% vested day 1
Mega Backdoor
Not Available
Lockheed Martin matches 50% of your contributions up to 8% of your salary.
Example:
If you earn $150,000 and contribute 8% ($$12,000), Lockheed Martin adds 50% = $6,000 per year.
Mega Backdoor Roth
Not Available
After-Tax Contributions
Available
Brokerage Window
Available
Lockheed Martin offers an ESPP that allows you to purchase company stock at a discount.
View ESPP DetailsEligibility: Executive officers (DMICP)
The company has a Deferred Management Incentive Compensation Plan (DMICP) where deferred amounts are credited as phantom stock units.
Note: Deferred compensation is typically only available to senior employees and carries different risks than 401k plans.
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