Defined Benefit (Pension) · DOL Form 5500 · 2023

Leonardo Drs, Inc. Pension Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
152
Participants Small participant base
86th
Percentile by assets National rank
$346,491
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

$53M in assets, 152 participants

Leonardo Drs, Inc.'s Drs Consolidated Retirement Plan reported $53M in total assets and 152 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,943 in Manufacturing (18,722 peers)

Coverage in Virginia

Drs Consolidated Retirement Plan covers 152 participants in Virginia, about 19% of the average Virginia filer (state average ~782 per filing). Assets: $53M.

#14,943
in Manufacturing (18,722 peers)
+2.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$52,666,640 Top 14% higher than 86% of 127,068 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 2023

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

Plan-year 2023 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 (152 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Drs Consolidated Retirement Plan reported net income rose from -$17M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Drs Consolidated Retirement Plan reported participants fell from 167 in the plan year 2022 filing to 152 in the plan year 2023 filing.
  • Drs Consolidated Retirement Plan end-of-year assets rose from $51M in the plan year 2022 filing to $53M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 132632319 · Leonardo Drs, Inc. PY 2023 · Defined Benefit (Pension)

Drs Consolidated Retirement Plan · $53M · 152 · 86th

  • PART $53M
  • TYPE 152
  • NET 86th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Retirement Plan of Transcontinental US LLC
  • BOY ind #14943

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

Group Retirement Income Plan No. 12Group Retirement Income Plan…$53MDrs Consolidated Retirement PlanDrs Consolidated Retirement …$53MRetirement Plan of Transcontinental US LLCRetirement Plan of Transcont…$53MSecurity Benefit Associates Pension PlanSecurity Benefit Associates …$53MRyman Hospitality Properties Retirement PlanRyman Hospitality Properties…$53M
End-of-year total assets ($M) among Drs Consolidated Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$52M
Net Income$1M
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 -50510152025 Total assets ($B) Participants Drs Consolidated Retirement Plan, Total assets ($B): 0.05266664 · Participants: 152Drs Consolidated Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundDominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension Plan
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 Retirement Plan of Transcontinental US LLC in IL ($53M); by covered participants it is Family Security Credit Union Cash Balance Non-Integrated Defined Benefit Plan in AL (152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (152 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Drs Consolidated Retirement Plan edged up modestly - up 2.5% during 2023, from $51M to $53M. Reported net income was $1M.
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 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Retirement Plan of Transcontinental US LLC in IL ($53M, 170 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 Family Security Credit Union Cash Balance Non-Integrated Defined Benefit Plan in AL (152 participants, $24M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.