Defined Benefit (Pension) · DOL Form 5500 · 2022

Leonardo Drs, Inc. Pension Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
167
Participants Small participant base
88th
Percentile by assets National rank
$307,662
Avg per participant High balance/head
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Official DOL plan name: Drs Consolidated Retirement Plan · Sponsored by Leonardo Drs, Inc. · Virginia · Manufacturing

$51M in assets, 167 participants

Leonardo Drs, Inc.'s Drs Consolidated Retirement Plan reported $51M in total assets and 167 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #17,015 in Manufacturing (20,602 peers)

Coverage in Virginia

Drs Consolidated Retirement Plan covers 167 participants in Virginia, about 21% of the average Virginia filer (state average ~782 per filing). Assets: $51M.

#17,015
in Manufacturing (20,602 peers)
-24.7%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Drs Consolidated Retirement Plan's outsized position by total assets

Drs Consolidated Retirement Plan vs every filed plan by assets

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

$51,379,532 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Drs Consolidated Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drs Consolidated Retirement Plan sits mid-pack in the medium band (167 participants).

Form 5500 schedule snapshot

Filing strip 132632319 · Leonardo Drs, Inc. PY 2022 · Defined Benefit (Pension)

Drs Consolidated Retirement Plan · $51M · 167 · 88th

  • BOY $51M
  • SCH 167
  • EBSA 88th
  • PART Defined Benefit (Pension)
  • TYPE near Dr Pepper Snapple Group, Inc. Hourly Employees' Pension Plan
  • NET ind #17015

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Virginia →

Drs Consolidated Retirement Plan in the asset neighbourhood

Iowa Ironworkers Heavy Highway Defined Benefit Pension PlanIowa Ironworkers Heavy Highw…$51MMerchant & Gould P.C. Pension PlanMerchant & Gould P.C. Pensio…$51MDr Pepper Snapple Group, Inc. Hourly Employees' Pension PlanDr Pepper Snapple Group, Inc…$51MDrs Consolidated Retirement PlanDrs Consolidated Retirement …$51MHillyard Revised Retirement PlanHillyard Revised Retirement …$51M
End-of-year total assets ($M) among Drs Consolidated Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$51M
Net Income-$17M
Employer EIN132632319
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Leonardo Drs, Inc.)

Sponsor-wide plan assets over time

All Leonardo Drs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 30.515956333647548% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.06B $1.38B ▲ +30.2%
Year Plans Participants Total Assets
2022 3 6,507 $1.1B
2023 3 6,456 $1.2B
2024 3 6,182 $1.4B

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Drs Consolidated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Drs Consolidated Retirement Plan, Total assets ($B): 0.051379532 · Participants: 167Drs Consolidated Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension Fund
Drs Consolidated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Drs Consolidated Retirement Plan side-by-side with 3 peers →

Drs Consolidated Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Dr Pepper Snapple Group, Inc. Hourly Employees' Pension Plan in TX ($51M); by covered participants it is Instrumentarium Cash Balance Plan in IL (167 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (167 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drs Consolidated Retirement Plan assets move in 2022? ▼
Drs Consolidated Retirement Plan declined sharply - down 24.7% during 2022, from $68M to $51M. Reported net income was -$17M.
How have Leonardo Drs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Leonardo Drs, Inc.'s sponsor-wide assets grew 30.5%, from $1.1B to $1.4B.
Where does Drs Consolidated Retirement Plan rank by assets among Form 5500 filers? ▼
Drs Consolidated Retirement Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Drs Consolidated Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Dr Pepper Snapple Group, Inc. Hourly Employees' Pension Plan in TX ($51M, 1,076 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Drs Consolidated Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Instrumentarium Cash Balance Plan in IL (167 participants, $68M in assets).

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 132632319.

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.