Defined Benefit (Pension) · DOL Form 5500 · 2024

Leonardo Drs, Inc. Pension Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
135
Participants Small participant base
84th
Percentile by assets National rank
$358,659
Avg per participant High balance/head
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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.

  • #13,678 in Manufacturing (17,777 peers)

Coverage in Virginia

Drs Consolidated Retirement Plan covers 135 participants in Virginia, about 17% of the average Virginia filer (state average ~782 per filing). Assets: $48M.

#13,678
in Manufacturing (17,777 peers)
-8.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

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's outsized position by total assets

Drs Consolidated Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$48,418,913 Top 16% higher than 84% of 123,620 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 2024

Drs Consolidated Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drs Consolidated Retirement Plan sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 132632319 · Leonardo Drs, Inc. PY 2024 · Defined Benefit (Pension)

Drs Consolidated Retirement Plan · $48M · 135 · 84th

  • PART $48M
  • TYPE 135
  • NET 84th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Wisconsin Alumni Research Foundation Pension Plan
  • BOY ind #13678

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 →

Drs Consolidated Retirement Plan in the asset neighbourhood

Retirement Plan for Employees of the Watson InstituteRetirement Plan for Employee…$48MHydro Extrusion USA, LLC Pension PlanHydro Extrusion USA, LLC Pen…$48MFulton Fish Market Pension FundFulton Fish Market Pension F…$48MWisconsin Alumni Research Foundation Pension PlanWisconsin Alumni Research Fo…$48MDrs Consolidated Retirement PlanDrs Consolidated Retirement …$48M
End-of-year total assets ($M) among Drs Consolidated Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$48M
Net Income-$4M
Employer EIN132632319
Plan Effective Date2010-01-01
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 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 Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Drs Consolidated Retirement Plan, Total assets ($B): 0.048418913 · Participants: 135Drs Consolidated Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Drs Consolidated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Drs Consolidated Retirement Plan side-by-side with 3 peers →

Drs Consolidated Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Wisconsin Alumni Research Foundation Pension Plan in WI ($48M); by covered participants it is Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan in MA (135 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Drs Consolidated Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sappi North America, Inc. Cumberland Mills Hourly Employees' Retirement Plan in MA (135 participants, $41M in assets).

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.