401(k) · DOL Form 5500 · 2022

Leonardo Drs, Inc. 401(k) Plan

Data updated 2026-08-11

$987M
Total assets
6,315
Participants
99th
Percentile by assets
$156,363
Avg per participant
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Official DOL plan name: Leonardo Drs, Inc. 401(k) Plan · Sponsored by Leonardo Drs, Inc. · Virginia · Manufacturing

$987M in assets, 6,315 participants

Leonardo Drs, Inc.'s Leonardo Drs, Inc. 401(k) Plan reported $987M in total assets and 6,315 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #20,192 in Manufacturing (20,602 peers)

Coverage in Virginia

Leonardo Drs, Inc. 401(k) Plan covers 6,315 participants in Virginia, 8.1x the typical Virginia plan (state average ~782 per filing). Assets: $987M.

$987M
total plan assets (2022 EOY)
6,315
covered participants
99th
percentile by assets (of 139,126 plans)
$156,363
avg assets per participant

The plan reported a net loss of $250M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Virginia
Industry
Manufacturing

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Leonardo Drs, Inc. 401(k) Plan reports 6,315 participants - 8.1x that state average ($987M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$985M
Net Income-$250M
Employer EIN132632319
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Leonardo Drs, Inc.)

$1B$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.06B $1.38B ▲ +30.2%
Total plan assets by year, all Leonardo Drs, Inc. plans on file
Year Plans Participants Total Assets
2022 3 6,507 $1.1B
2023 3 6,456 $1.2B
2024 3 6,182 $1.4B

Nearby 401(k) Plans in Virginia

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

Leonardo Drs, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Leonardo Drs, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 -10010203040 Total assets ($B) Participants Leonardo Drs, Inc. 4…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Leonardo Drs, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Leonardo Drs, Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Leonardo Drs, Inc. 401(k) Plan

Leonardo Drs, Inc. 401(k) Plan reports $987M in end-of-year assets across 6,315 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $156,363 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$250M.

This plan identity (EIN 132632319, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $987M to $1.3B (+32.7%) while covered participants moved from 6,315 to 6,030 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,315 $987M This page
2023 6,280 $1.2B Open filing
2024 · index core 6,030 $1.3B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Leonardo Drs, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Leonardo Drs, Inc. 401(k) Plan assets move in 2022? ▼
Leonardo Drs, Inc. 401(k) Plan declined sharply - down 22.7% during 2022, from $1.3B to $987M. Reported net income was -$250M.
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 Leonardo Drs, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Leonardo Drs, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Leonardo Drs, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brookfield 401(k) Savings Plan in OH ($988M, 5,467 participants).

Next read for Leonardo Drs, Inc. 401(k) Plan

Filing takeaways

Ways to act on Leonardo Drs, Inc. 401(k) Plan's numbers.

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.