DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN

Reviewed byPlainRetire Editorial, Retirement Plans Editorial Team · June 7, 2026

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

DRS SUSTAINMENT SYSTEMS,INC.

This Other plan holds $12M in total assets and serves 68 participants as of 2023. It is sponsored by DRS SUSTAINMENT SYSTEMS,INC. in Virginia. The plan reported a net loss of $17M for the year.

Total Assets (2023)

$12M

Participants

State

Virginia

Industry

Manufacturing

What the Filing Says About DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN

DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN is a Other retirement plan sponsored by DRS SUSTAINMENT SYSTEMS,INC., headquartered in Virginia. As of the 2023 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 68 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 431275001, and the plan has been effective since 1951-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2023 to $12M at year-end — a decline of 58.6%. Net assets (after liabilities) closed the year at $12M, with reported net income of $-17,020,878 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$29M
Total Assets (End of Year)	$12M
Net Assets (End of Year)	$12M
Net Income	$-17,020,878
Plan Type	Other
Employer EIN	431275001
Plan Effective Date	1951-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (DRS SUSTAINMENT SYSTEMS,INC.)

Year	Plans	Participants	Total Assets
2022	1	75	$29M
2023	1	68	$12M

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Frequently Asked Questions

How much money is in the DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN? ▼

As of the 2023 Form 5500 filing, DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN holds $12M in total assets with 68 participants. It is sponsored by DRS SUSTAINMENT SYSTEMS,INC..

What type of plan is DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN? ▼

DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN is a Other plan. It has been effective since 1951-01-01. The plan is filed with the U.S. Department of Labor under EIN 431275001.

Who sponsors the DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN? ▼

DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN is sponsored by DRS SUSTAINMENT SYSTEMS,INC., located in Virginia. The sponsor's EIN is 431275001 and the plan operates in the Manufacturing industry.

How did DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN perform in 2023? ▼

DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN declined by 58.6% during 2023, moving from $29M to $12M in total assets. Net income was $-17,020,878.

Where can I find official filings for DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN? ▼

Official Form 5500 filings for DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 431275001 or plan name at efast.dol.gov.

How does DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN compare to other plans? ▼

You can compare DRS SUSTAINMENT SYSTEMS, INC. UNION PENSION PLAN against other Other plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.