401(k) · DOL Form 5500 · 2023

Leonardo Drs, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
6,280
Participants Above avg headcount
99th
Percentile by assets National rank
$185,293
Avg per participant Above avg balance/head
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Official DOL plan name: Leonardo Drs, Inc. 401(k) Plan · Sponsored by Leonardo Drs, Inc. · Virginia · Manufacturing

$1.2B in assets, 6,280 participants

Leonardo Drs, Inc.'s Leonardo Drs, Inc. 401(k) Plan reported $1.2B in total assets and 6,280 participants in its 2023 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.

  • #18,324 in Manufacturing (18,722 peers)

Coverage in Virginia

Leonardo Drs, Inc. 401(k) Plan covers 6,280 participants in Virginia, 8.0x the typical Virginia plan (state average ~782 per filing). Assets: $1.2B.

#18,324
in Manufacturing (18,722 peers)
+17.8%
assets growth YoY
12×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$1,163,642,932 Top 1% higher than 99% 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. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 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 (6,280 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Leonardo Drs, Inc. 401(k) Plan reported net income rose from -$250M in the plan year 2022 filing to $179M in the plan year 2023 filing.
  • Leonardo Drs, Inc. 401(k) Plan end-of-year assets rose from $987M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Leonardo Drs, Inc. 401(k) Plan reported participants fell from 6,315 in the plan year 2022 filing to 6,280 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 132632319 · Leonardo Drs, Inc. PY 2023 · 401(k)

Leonardo Drs, Inc. 401(k) Plan · $1.2B · 6,280 · 99th

  • ASSETS $1.2B
  • ASSETS 6,280
  • ASSETS 99th
  • ASSETS 401(k)
  • ASSETS near Amcor 401(k) Plan
  • ASSETS ind #18324

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

Amcor 401(k) Plan$1.2BMolex Retirement and Savings PlanMolex Retirement and Savings…$1.2BMattel, Inc. Personal Investment PlanMattel, Inc. Personal Invest…$1.2BLeonardo Drs, Inc. 401(k) PlanLeonardo Drs, Inc. 401(k) Pl…$1.2BThe Dun & Bradstreet Corporation 401(k) PlanThe Dun & Bradstreet Corpora…$1.2B
End-of-year total assets ($B) among Leonardo Drs, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$987M
Net Assets (End of Year)$1.2B
Net Income$179M
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. 050000100000150000 -10010203040 Total assets ($B) Participants Leonardo Drs, Inc. 401(k) Plan, Total assets ($B): 1.163642932 · Participants: 6280Leonardo Drs, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
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 $1.2B in end-of-year assets across 6,280 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $185,293 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $179M.

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 Open filing
2023 6,280 $1.2B This page
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 Amcor 401(k) Plan in WI ($1.2B); by covered participants it is Prime Therapeutics LLC 401(k) Plan in MN (6,281 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,280 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. 401(k) Plan assets move in 2023? ▼
Leonardo Drs, Inc. 401(k) Plan grew sharply - up 17.8% during 2023, from $987M to $1.2B. Reported net income was $179M.
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 127,072 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 Leonardo Drs, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Amcor 401(k) Plan in WI ($1.2B, 6,560 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 Prime Therapeutics LLC 401(k) Plan in MN (6,281 participants, $740M 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.