Defined Benefit (Pension) · DOL Form 5500 · 2022

Drs Naval Power Systems, Inc. Pension Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
116
Participants Small participant base
79th
Percentile by assets National rank
$192,903
Avg per participant Above avg balance/head
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Official DOL plan name: Pension Plan for Employees of Drs Naval Power Systems, Inc. · Sponsored by Drs Naval Power Systems, Inc. · Virginia · Manufacturing

$22M in assets, 116 participants

Drs Naval Power Systems, Inc.'s Pension Plan for Employees of Drs Naval Power Systems, Inc. reported $22M in total assets and 116 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #14,474 in Manufacturing (20,602 peers)

Coverage in Virginia

Pension Plan for Employees of Drs Naval Power Systems, Inc. covers 116 participants in Virginia, about 15% of the average Virginia filer (state average ~782 per filing). Assets: $22M.

#14,474
in Manufacturing (20,602 peers)
-27.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Employees of Drs Naval Power Systems, Inc.'s outsized position by total assets

Pension Plan for Employees of Drs Naval Power Systems, Inc. vs every filed plan by assets

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

$22,376,722 Top 21% higher than 79% 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

Pension Plan for Employees of Drs Naval Power Systems, Inc. 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. Pension Plan for Employees of Drs Naval Power Systems, Inc. sits mid-pack in the medium band (116 participants).

Published 5500 schedule card

Filing strip 421537952 · Drs Naval Power Systems, Inc. PY 2022 · Defined Benefit (Pension)

Pension Plan for Employees of Drs Naval Power Systems, Inc. · $22M · 116 · 79th

  • ASSETS $22M
  • ASSETS 116
  • ASSETS 79th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Duf6 Pension Plan for Grandfathered Employees
  • ASSETS ind #14474

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 →

Pension Plan for Employees of Drs Naval Power Systems, Inc. in the asset neighbourhood

Wise Alloys LLC Pension Plan for Hourly EmployeesWise Alloys LLC Pension Plan…$22MEmployees Annuity Plan - Products (Se)Pipe Line CorporationEmployees Annuity Plan - Pro…$22MPension Plan for Employees of Drs Naval Power Systems, Inc.Pension Plan for Employees o…$22MDuf6 Pension Plan for Grandfathered EmployeesDuf6 Pension Plan for Grandf…$22MAtalco LLC Hourly Employee Pension PlanAtalco LLC Hourly Employee P…$22M
End-of-year total assets ($M) among Pension Plan for Employees of Drs Naval Power Systems, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$22M
Net Income-$8M
Employer EIN421537952
Plan Effective Date2002-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Drs Naval Power Systems, Inc.)

Sponsor-wide plan assets over time

All Drs Naval Power Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 0.6415774392692548% vs 2022
2024 filing year
$22M$22.5M$23M$23.5M 202220232024 $22.4M $22.2M ▼ -0.7%
Year Plans Participants Total Assets
2022 1 116 $22M
2023 1 105 $23M
2024 1 100 $22M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Pension Plan for Employees of Drs Naval Power Systems, Inc. vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Pension Plan for Employees of Drs Naval Power Systems, Inc., Total assets ($B): 0.022376722 · Participants: 116Pension Plan for Employees of Drs Naval Power Systems, Inc.Northrop 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
Pension Plan for Employees of Drs Naval Power Systems, Inc. vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Pension Plan for Employees of Drs Naval Power Systems, Inc. side-by-side with 3 peers →

Pension Plan for Employees of Drs Naval Power Systems, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Duf6 Pension Plan for Grandfathered Employees in KY ($22M); by covered participants it is Cotton Incorporated Pension Plan in NC (116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (116 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 Pension Plan for Employees of Drs Naval Power Systems, Inc. assets move in 2022? ▼
Pension Plan for Employees of Drs Naval Power Systems, Inc. declined sharply - down 27.5% during 2022, from $31M to $22M. Reported net income was -$8M.
How have Drs Naval Power Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Drs Naval Power Systems, Inc.'s sponsor-wide assets declined 0.6%, from $22M to $22M.
Where does Pension Plan for Employees of Drs Naval Power Systems, Inc. rank by assets among Form 5500 filers? ▼
Pension Plan for Employees of Drs Naval Power Systems, Inc. ranks in the 79th 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 Pension Plan for Employees of Drs Naval Power Systems, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Duf6 Pension Plan for Grandfathered Employees in KY ($22M, 56 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Employees of Drs Naval Power Systems, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cotton Incorporated Pension Plan in NC (116 participants, $31M 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 421537952.

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.