401(k) · DOL Form 5500 · 2022

Leonardo Drs, Inc. 401(k) Plan

Data updated 2026-08-25

$987M
Total assets Above avg plan size
6,315
Participants Above avg headcount
99th
Percentile by assets National rank
$156,363
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#20,192
in Manufacturing (20,602 peers)
-22.7%
assets change YoY
9.9×
vs typical plan assets (national mean)

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.

Leonardo Drs, Inc. 401(k) Plan's outsized position by total assets

Leonardo Drs, Inc. 401(k) Plan vs every filed plan by assets

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

$987,434,059 Top 1% higher than 99% 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

Leonardo Drs, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Leonardo Drs, Inc. 401(k) Plan lands in the large band (6,315 participants).

DOL schedule card

Filing strip 132632319 · Leonardo Drs, Inc. PY 2022 · 401(k)

Leonardo Drs, Inc. 401(k) Plan · $987M · 6,315 · 99th

  • EOY $987M
  • 5500 6,315
  • ASSETS 99th
  • PCT 401(k)
  • EIN near Brookfield 401(k) Savings Plan
  • RANK ind #20192

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 →

Leonardo Drs, Inc. 401(k) Plan in the asset neighbourhood

Flowserve Corporation Retirement Savings PlanFlowserve Corporation Retire…$989MBrookfield 401(k) Savings PlanBrookfield 401(k) Savings Pl…$988MLeonardo Drs, Inc. 401(k) PlanLeonardo Drs, Inc. 401(k) Pl…$987MBaystate Health, Inc Retirement PlanBaystate Health, Inc Retirem…$987MDst Systems, Inc. 401(k) Profit Sharing PlanDst Systems, Inc. 401(k) Pro…$987M
End-of-year total assets ($M) among Leonardo Drs, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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.)

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 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 Scatter plot of 6 data points. 020000400006000080000100000 -10010203040 Total assets ($B) Participants Leonardo Drs, Inc. 401(k) Plan, Total assets ($B): 0.987434059 · Participants: 6315Leonardo Drs, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Leonardo Drs, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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:

Leonardo Drs, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Brookfield 401(k) Savings Plan in OH ($988M); by covered participants it is Apache Industrial Services 401(k) Retirement Plan in TX (6,315 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($987M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,315 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 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).
Which 401(k) plans cover a similar participant headcount to Leonardo Drs, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Apache Industrial Services 401(k) Retirement Plan in TX (6,315 participants, $18M in assets).