Civic Intelligence

Norfolk Shipbuilding & Drydock Corporation

Plan context: Norshipco Pension Plan for Represented Hourly Employees

EIN 54-0321390 • Norfolk, VA • 48 filings • 14 plans

750 West Berkley AvenueNorfolk, VA 23501
Current Snapshot

Latest Year

2021

2021 Participants

283

2021 Assets

$39,996,714

2021 Contributions

$140,000

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$43,283,604$21,641,802$0200020112020YearValue
$39,996,714Latest year 2020

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1,9489740200020102020YearValue
283Latest year 2020

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202110$0$0-
Norshipco Pension Plan for Represented Hourly Employees-0---
20201283$39,996,714$0-
Norshipco Pension Plan for Represented Hourly Employees-283$39,996,714--
20191317$37,058,682$0-
Norshipco Pension Plan for Represented Hourly Employees-317$37,058,682--
20181335$31,877,065$0-
Norshipco Pension Plan for Represented Hourly Employees-335$31,877,065--
20171359$36,077,870$140,000$390iApproximate average salary by contribution assumption: employee only about $9,749 at 4% or $6,500 at 6%; with 50% employer match about $6,500 at 4% or $4,333 at 6%; with 100% employer match about $4,875 at 4% or $3,250 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-359$36,077,870$140,000$390iApproximate average salary by contribution assumption: employee only about $9,749 at 4% or $6,500 at 6%; with 50% employer match about $6,500 at 4% or $4,333 at 6%; with 100% employer match about $4,875 at 4% or $3,250 at 6%.
20161391$32,818,323$0-
Norshipco Pension Plan for Represented Hourly Employees-391$32,818,323--
20151431$31,659,613$140,000$325iApproximate average salary by contribution assumption: employee only about $8,121 at 4% or $5,414 at 6%; with 50% employer match about $5,414 at 4% or $3,609 at 6%; with 100% employer match about $4,060 at 4% or $2,707 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-431$31,659,613$140,000$325iApproximate average salary by contribution assumption: employee only about $8,121 at 4% or $5,414 at 6%; with 50% employer match about $5,414 at 4% or $3,609 at 6%; with 100% employer match about $4,060 at 4% or $2,707 at 6%.
20141489$34,164,937$0-
Norshipco Pension Plan for Represented Hourly Employees-489$34,164,937--
20131518$31,993,965$0-
Norshipco Pension Plan for Represented Hourly Employees-518$31,993,965--
20121548$30,253,732$1,554,629$2,837iApproximate average salary by contribution assumption: employee only about $70,923 at 4% or $47,282 at 6%; with 50% employer match about $47,282 at 4% or $31,521 at 6%; with 100% employer match about $35,461 at 4% or $23,641 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-548$30,253,732$1,554,629$2,837iApproximate average salary by contribution assumption: employee only about $70,923 at 4% or $47,282 at 6%; with 50% employer match about $47,282 at 4% or $31,521 at 6%; with 100% employer match about $35,461 at 4% or $23,641 at 6%.
20111582$26,215,247$1,243,750$2,137iApproximate average salary by contribution assumption: employee only about $53,426 at 4% or $35,617 at 6%; with 50% employer match about $35,617 at 4% or $23,745 at 6%; with 100% employer match about $26,713 at 4% or $17,809 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-582$26,215,247$1,243,750$2,137iApproximate average salary by contribution assumption: employee only about $53,426 at 4% or $35,617 at 6%; with 50% employer match about $35,617 at 4% or $23,745 at 6%; with 100% employer match about $26,713 at 4% or $17,809 at 6%.
20101605$25,404,134$2,159,446$3,569iApproximate average salary by contribution assumption: employee only about $89,233 at 4% or $59,489 at 6%; with 50% employer match about $59,489 at 4% or $39,659 at 6%; with 100% employer match about $44,617 at 4% or $29,744 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-605$25,404,134$2,159,446$3,569iApproximate average salary by contribution assumption: employee only about $89,233 at 4% or $59,489 at 6%; with 50% employer match about $59,489 at 4% or $39,659 at 6%; with 100% employer match about $44,617 at 4% or $29,744 at 6%.
20091432$22,676,603$0-
Norshipco Pension Plan for Represented Hourly Employees-432$22,676,603--
20082462$19,831,046$3,300,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-462$19,831,046$3,300,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-0---
20074500$43,283,604$0-
Norshipco Pension Plan for Represented Hourly Employees-500$25,945,176--
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-92$17,338,428--
NORFOLK SHIPBUILDING & DRYDOCK CORP. EMPLOYEE ASSISTANCE PLAN-0---
NORSHIPCO GROUP HEALTH & DENTAL PLAN-0---
200641,142$43,075,179$700,000$613iApproximate average salary by contribution assumption: employee only about $15,324 at 4% or $10,216 at 6%; with 50% employer match about $10,216 at 4% or $6,811 at 6%; with 100% employer match about $7,662 at 4% or $5,108 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-536$25,715,682--
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-82$17,359,497$700,000$8,537iApproximate average salary by contribution assumption: employee only about $213,415 at 4% or $142,276 at 6%; with 50% employer match about $142,276 at 4% or $94,851 at 6%; with 100% employer match about $106,707 at 4% or $71,138 at 6%.
NORFOLK SHIPBUILDING & DRYDOCK CORP. EMPLOYEE ASSISTANCE PLAN-1,142---
NORSHIPCO GROUP HEALTH & DENTAL PLAN-855---
200541,175$0$0-
NORSHIPCO GROUP HEALTH & DENTAL PLAN-776---
NORFOLK SHIPBUILDING & DRYDOCK CORP. EMPLOYEE ASSISTANCE PLAN-1,175---
Norshipco Pension Plan for Represented Hourly Employees-575---
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-75---
20043821$32,018,189$0-
Norshipco Pension Plan for Represented Hourly Employees-603$19,434,698--
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-80$12,583,491--
NORFOLK SHIPBUILDING & DRYDOCK CORP. EMPLOYEE ASSISTANCE PLAN-821---
20032666$30,123,047$5,603,206$8,413iApproximate average salary by contribution assumption: employee only about $210,331 at 4% or $140,220 at 6%; with 50% employer match about $140,220 at 4% or $93,480 at 6%; with 100% employer match about $105,165 at 4% or $70,110 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-666$18,167,511$4,203,783$6,312iApproximate average salary by contribution assumption: employee only about $157,800 at 4% or $105,200 at 6%; with 50% employer match about $105,200 at 4% or $70,133 at 6%; with 100% employer match about $78,900 at 4% or $52,600 at 6%.
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-83$11,955,536$1,399,423$16,861iApproximate average salary by contribution assumption: employee only about $421,513 at 4% or $281,009 at 6%; with 50% employer match about $281,009 at 4% or $187,339 at 6%; with 100% employer match about $210,756 at 4% or $140,504 at 6%.
200241,035$20,852,493$97,256$94iApproximate average salary by contribution assumption: employee only about $2,349 at 4% or $1,566 at 6%; with 50% employer match about $1,566 at 4% or $1,044 at 6%; with 100% employer match about $1,175 at 4% or $783 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-690$11,810,785$3,361$5iApproximate average salary by contribution assumption: employee only about $122 at 4% or $81 at 6%; with 50% employer match about $81 at 4% or $54 at 6%; with 100% employer match about $61 at 4% or $41 at 6%.
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-79$9,041,708$93,895$1,189iApproximate average salary by contribution assumption: employee only about $29,714 at 4% or $19,809 at 6%; with 50% employer match about $19,809 at 4% or $13,206 at 6%; with 100% employer match about $14,857 at 4% or $9,905 at 6%.
NORFOLK SHIPBUILDING & DRYDOCK CORP ORATION EMPLOYEE ASSISTANCE PLAN-1,035---
NORSHIPCO GROUP HEALTH & DENTAL PLA-754---
20014961$25,579,484$57,095$59iApproximate average salary by contribution assumption: employee only about $1,485 at 4% or $990 at 6%; with 50% employer match about $990 at 4% or $660 at 6%; with 100% employer match about $743 at 4% or $495 at 6%.
Norshipco Pension Plan for Represented Hourly Employees-701$14,602,538$57,095$81iApproximate average salary by contribution assumption: employee only about $2,036 at 4% or $1,357 at 6%; with 50% employer match about $1,357 at 4% or $905 at 6%; with 100% employer match about $1,018 at 4% or $679 at 6%.
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-83$10,976,946--
NORSHIPCO GROUP HEALTH & DENTAL-762---
NORFOLK SHIPBUILDING & DRYDIOCK CORPORATION EMPLOYEE ASSISTANCE PLAN-961---
200071,948$30,468,478$0-
Norshipco Pension Plan for Represented Hourly Employees-928$17,407,720--
NORSHIPCO PENSION PLAN FOR NON-REPRESENTED HOURLY EMPLOYEES-181$13,060,758--
Long Term Disability Income Plan-0---
NORSHIPCO RETIREMENT SECURITY PLAN-0---
NORSHIPCO PROFIT SHARING-EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST-0---
NORSHIPCO GROUP HEALTH AND DENTAL-1,948---
NORFOLK SHIPBUILDING & DRYDOCK CORPORATION EMPLOYEE ASSISTANCE PLAN-1,078---
199910$0$0-
Long Term Disability Income Plan-0---