Defined Benefit (Pension) · DOL Form 5500 · 2023

Leonardo Drs, Inc. Pension Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
24
Participants Small participant base
75th
Percentile by assets National rank
$947,887
Avg per participant High balance/head
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Official DOL plan name: Leonardo Drs, Inc. Pension Value Plan · Sponsored by Leonardo Drs, Inc. · Virginia · Manufacturing

$23M in assets, 24 participants

Leonardo Drs, Inc.'s Leonardo Drs, Inc. Pension Value Plan reported $23M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #12,232 in Manufacturing (18,722 peers)

Where Leonardo Drs, Inc. Pension Value Plan sits by assets

Leonardo Drs, Inc. Pension Value Plan sits in the top quartile of all filed plans by assets, $23M for 24 participants (~$947,887/participant), up 15.5% in 2023.

#12,232
in Manufacturing (18,722 peers)
+15.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Leonardo Drs, Inc. Pension Value Plan's outsized position by total assets

Leonardo Drs, Inc. Pension Value Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$22,749,298 Top 25% higher than 75% 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

Leonardo Drs, Inc. Pension Value Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Leonardo Drs, Inc. Pension Value Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Leonardo Drs, Inc. Pension Value Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Leonardo Drs, Inc. Pension Value Plan end-of-year assets rose from $20M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Leonardo Drs, Inc. Pension Value Plan reported participants fell from 25 in the plan year 2022 filing to 24 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

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

Leonardo Drs, Inc. Pension Value Plan · $23M · 24 · 75th

  • EBSA $23M
  • PART 24
  • TYPE 75th
  • NET Defined Benefit (Pension)
  • BOOK near Exhibition Employees Local 829 Pension Fund
  • VS-ST ind #12232

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. Pension Value Plan in the asset neighbourhood

Local 840 I. B. of T. Pension FundLocal 840 I. B. of T. Pensio…$23MLeonardo Drs, Inc. Pension Value PlanLeonardo Drs, Inc. Pension V…$23MExhibition Employees Local 829 Pension FundExhibition Employees Local 8…$23MHollister Pension Plan and Trust for Kirksville, Missouri Bargaining Unit EmployeesHollister Pension Plan and T…$23MIcc Consolidated Pension Plan$23M
End-of-year total assets ($M) among Leonardo Drs, Inc. Pension Value Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN132632319
Plan Effective Date2001-10-01
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.

Leonardo Drs, Inc. Pension Value Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Leonardo Drs, Inc. Pension Value Plan, Total assets ($B): 0.022749298 · Participants: 24Leonardo Drs, Inc. Pension Value 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
Leonardo Drs, Inc. Pension Value Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Leonardo Drs, Inc. Pension Value Plan side-by-side with 3 peers →

Leonardo Drs, Inc. Pension Value Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Exhibition Employees Local 829 Pension Fund in NJ ($23M); by covered participants it is Horus Technology Solutions, Inc. Cash Balance Plan in MD (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 Leonardo Drs, Inc. Pension Value Plan assets move in 2023? ▼
Leonardo Drs, Inc. Pension Value Plan grew sharply - up 15.5% during 2023, from $20M to $23M. Reported net income was $3M.
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. Pension Value Plan rank by assets among Form 5500 filers? ▼
Leonardo Drs, Inc. Pension Value Plan ranks in the 75th 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 Leonardo Drs, Inc. Pension Value Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Exhibition Employees Local 829 Pension Fund in NJ ($23M, 27 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Leonardo Drs, Inc. Pension Value Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Horus Technology Solutions, Inc. Cash Balance Plan in MD (24 participants, $2M 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.