401(k) · DOL Form 5500 · 2023

General Dynamics Corporation 401(k) Plan

Data updated 2026-08-06

$7.3B
Total assets
31,038
Participants
100th
Percentile by assets
$234,429
Avg per participant
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Official DOL plan name: General Dynamics Corporation 401(k) Qaca Plan · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$7.3B in assets, 31,038 participants

General Dynamics Corporation's General Dynamics Corporation 401(k) Qaca Plan reported $7.3B in total assets and 31,038 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 126,618 plans)
  • #18,593 in Manufacturing (18,672 peers)

Coverage in Virginia

General Dynamics Corporation 401(k) Qaca Plan covers 31,038 participants in Virginia, 40x the typical Virginia plan (state average ~781 per filing). Assets: $7.3B.

$7.3B
total plan assets (2023 EOY)
31,038
covered participants
100th
percentile by assets (of 126,618 plans)
$234,429
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • General Dynamics Corporation 401(k) Qaca Plan reported net income rose from -$671M in the plan year 2022 filing to $796M in the plan year 2023 filing.
  • General Dynamics Corporation 401(k) Qaca Plan reported participants rose from 25,696 in the plan year 2022 filing to 31,038 in the plan year 2023 filing.
  • General Dynamics Corporation 401(k) Qaca Plan end-of-year assets rose from $6.4B in the plan year 2022 filing to $7.3B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. General Dynamics Corporation 401(k) Qaca Plan reports 31,038 participants - 40x that state average ($7.3B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$6.4B
Net Assets (End of Year)$7.3B
Net Income$796M
Employer EIN131673581
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Corporation)

$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Total plan assets by year, all General Dynamics Corporation plans on file
Year Plans Participants Total Assets
2022 16 107,750 $29.9B
2023 14 115,717 $32.7B
2024 11 111,719 $33.4B

Nearby 401(k) Plans in Virginia

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

General Dynamics Corporation 401(k) Qaca Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

General Dynamics Corporation 401(k) Qaca Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. 20000400006000080000100000120000 010203040 Total assets ($B) Participants General Dynamics Cor…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
General Dynamics Corporation 401(k) Qaca Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Scale composition for General Dynamics Corporation 401(k) Qaca Plan

General Dynamics Corporation 401(k) Qaca Plan reports $7.3B in end-of-year assets across 31,038 participants (0.062% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.035% of 89,805,449 covered participants) - about $234,429 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $796M.

This plan identity (EIN 131673581, plan #068) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.4B to $7.9B (+23.9%) while covered participants moved from 25,696 to 27,525 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 25,696 $6.4B Open filing
2023 31,038 $7.3B This page
2024 · index core 27,525 $7.9B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to General Dynamics Corporation 401(k) Qaca Plan by total assets, not by location.

Frequently Asked Questions

How did General Dynamics Corporation 401(k) Qaca Plan assets move in 2023?
General Dynamics Corporation 401(k) Qaca Plan grew at a solid clip - up 13.9% during 2023, from $6.4B to $7.3B. Reported net income was $796M.
How have General Dynamics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does General Dynamics Corporation 401(k) Qaca Plan rank by assets among Form 5500 filers?
General Dynamics Corporation 401(k) Qaca Plan ranks in the 100th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to General Dynamics Corporation 401(k) Qaca Plan?
Among 401(k) plans in other states, the closest by assets is Parker Retirement Savings Plan in OH ($7.2B, 25,764 participants).

Next read for General Dynamics Corporation 401(k) Qaca…

Filing takeaways

Ways to act on General Dynamics Corporation 401(k) Qaca Plan's numbers.

  • By total assets, General Dynamics Corporation 401(k) Qaca Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • General Dynamics Corporation's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans