Defined Benefit (Pension) · DOL Form 5500 · 2024

Leonardo Drs, Inc. Pension Plan

Data updated 2026-08-06

$48M
Total assets: 135
Participants: 84th
Percentile by assets: $358,659
Avg per participant

Official DOL plan name: Drs Consolidated Retirement Plan · Sponsored by Leonardo Drs, Inc. · Virginia · Manufacturing

$48M in assets, 135 participants

Leonardo Drs, Inc.'s Drs Consolidated Retirement Plan reported $48M in total assets and 135 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 116,472 plans)

Coverage in Virginia

Drs Consolidated Retirement Plan covers 135 participants in Virginia, about 17% of the average Virginia filer (state average ~781 per filing). Assets: $48M.

$48M
total plan assets (2024 EOY): 135
covered participants: 84th
percentile by assets (of 116,472 plans): $358,659
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Drs Consolidated Retirement Plan reported net income fell from $1M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
Drs Consolidated Retirement Plan reported participants fell from 152 in the plan year 2023 filing to 135 in the plan year 2024 filing.
Drs Consolidated Retirement Plan end-of-year assets fell from $53M in the plan year 2023 filing to $48M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Manufacturing

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Drs Consolidated Retirement Plan reports 135 participants - about 17% of that state average ($48M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$53M
Net Assets (End of Year)	$48M
Net Income	-$4M
Employer EIN	132632319
Plan Effective Date	2010-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Leonardo Drs, Inc.)

Total plan assets by year, all Leonardo Drs, Inc. plans on file

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

Northrop Grumman Pension Plan $18.8B · 12,678
Retirement Security Plan $11.5B · 56,633
Sheet Metal Workers' National Pension Fund $8.9B · 63,530
Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
Dominion Energy Pension Plan $8.3B · 11,758

Compare Drs Consolidated Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Drs Consolidated Retirement Plan by total assets, not by location.

Wisconsin Alumni Research Foundation Pension Plan (WI) $48M · 62
Hydro Extrusion USA, LLC Pension Plan (IL) $48M · 87
Fulton Fish Market Pension Fund (NY) $48M · 213
Retirement Plan for Employees of the Watson Institute (PA) $48M · 53

Frequently Asked Questions

How did Drs Consolidated Retirement Plan assets move in 2024? ▼

Drs Consolidated Retirement Plan pulled back noticeably - down 8.1% during 2024, from $53M to $48M. Reported net income was -$4M.

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 84th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (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 Wisconsin Alumni Research Foundation Pension Plan in WI ($48M, 62 participants).

Next read for Drs Consolidated Retirement Plan

Filing takeaways

Ways to act on Drs Consolidated Retirement Plan's numbers.

By total assets, Drs Consolidated Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
Leonardo Drs, Inc.'s sponsor-wide assets have grown 30.5% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.