401(k) · DOL Form 5500 · 2022

General Dynamics Corporation 401(k) Plan

Data updated 2026-08-11

$161M
Total assets
627
Participants
95th
Percentile by assets
$256,008
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Progeny Systems, LLC 401(k) Plan · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$161M in assets, 627 participants

General Dynamics Corporation's Progeny Systems, LLC 401(k) Plan reported $161M in total assets and 627 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 95th percentile by assets (of 139,126 plans)
  • #18,950 in Manufacturing (20,602 peers)

Where Progeny Systems, LLC 401(k) Plan sits by assets

Progeny Systems, LLC 401(k) Plan sits in the top 5% of all filed plans by assets, $161M for 627 participants (~$256,008/participant), down 18.7% in 2022.

$161M
total plan assets (2022 EOY)
627
covered participants
95th
percentile by assets (of 139,126 plans)
$256,008
avg assets per participant

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Progeny Systems, LLC 401(k) Plan sits by total assets

Progeny Systems, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$160,517,098 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Virginia
Industry
Manufacturing

Progeny Systems, LLC 401(k) Plan vs the 2022 asset distribution

By assets, Progeny Systems, LLC 401(k) Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$198M
Net Assets (End of Year)$161M
Net Income-$37M
Employer EIN131673581
Plan Effective Date2003-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Corporation)

$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Total plan assets by year, all General Dynamics Corporation plans on file
Year Plans Participants Total Assets
2022 16 107,750 $29.9B
2023 14 115,717 $32.7B
2024 11 111,719 $33.4B

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Progeny Systems, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Progeny Systems, LLC…, Total assets ($B): 0.160517098 · Participants: 627Progeny Systems, LLC…Northrop Grumman Sav…, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employee…
Progeny Systems, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Progeny Systems, LLC 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Progeny Systems, LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Progeny Systems, LLC 401(k) Plan assets move in 2022? ▼
Progeny Systems, LLC 401(k) Plan declined sharply - down 18.7% during 2022, from $198M to $161M. Reported net income was -$37M.
How have General Dynamics Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does Progeny Systems, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Progeny Systems, LLC 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Progeny Systems, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ravago Americas 401(k) Savings and Profit Sharing Plan in FL ($161M, 1,713 participants).

Next read for Progeny Systems, LLC 401(k) Plan

Scale reading

Ways to act on Progeny Systems, LLC 401(k) Plan's numbers.

  • By total assets, Progeny Systems, LLC 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • General Dynamics Corporation's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131673581.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.