Defined Benefit (Pension) · DOL Form 5500 · 2024

Leonardo Drs, Inc. Pension Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
17
Participants Small participant base
72nd
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Leonardo Drs, Inc. Pension Value Plan · Sponsored by Leonardo Drs, Inc. · Virginia · Manufacturing

$22M in assets, 17 participants

Leonardo Drs, Inc.'s Leonardo Drs, Inc. Pension Value Plan reported $22M in total assets and 17 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,101 in Manufacturing (17,777 peers)

Leonardo Drs, Inc. multi-year trail

Leonardo Drs, Inc.'s plans moved +30.5% in assets from 2022 to 2024; this filing shows Leonardo Drs, Inc. Pension Value Plan at $22M / 17 participants.

#11,101
in Manufacturing (17,777 peers)
-1.4%
assets change YoY

The plan reported a net loss of $331K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Leonardo Drs, Inc. Pension Value Plan's outsized position by total assets

Leonardo Drs, Inc. Pension Value Plan vs every filed plan by assets

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

$22,420,038 Top 28% higher than 72% 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

Leonardo Drs, Inc. Pension Value Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Leonardo Drs, Inc. Pension Value Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Leonardo Drs, Inc. Pension Value Plan reported net income fell from $3M in the plan year 2023 filing to -$331K in the plan year 2024 filing.
  • Leonardo Drs, Inc. Pension Value Plan reported participants fell from 24 in the plan year 2023 filing to 17 in the plan year 2024 filing.
  • Leonardo Drs, Inc. Pension Value Plan end-of-year assets fell from $23M in the plan year 2023 filing to $22M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

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

Leonardo Drs, Inc. Pension Value Plan · $22M · 17 · 72nd

  • PCT $22M
  • PCT 17
  • PCT 72nd
  • PCT Defined Benefit (Pension)
  • PCT near Zimmer Puerto Rico Retirement Income Plan
  • PCT ind #11101

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. Pension Value Plan in the asset neighbourhood

Alliance Compressors, LLC Retirement PlanAlliance Compressors, LLC Re…$22MZimmer Puerto Rico Retirement Income PlanZimmer Puerto Rico Retiremen…$22MLeonardo Drs, Inc. Pension Value PlanLeonardo Drs, Inc. Pension V…$22MThe Si Group, Inc. Pension Plan for Represented Employees in Orangeburg, South CarolinaThe Si Group, Inc. Pension P…$22MGolden Svcs Pension Plan$22M
End-of-year total assets ($M) among Leonardo Drs, Inc. Pension Value Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Leonardo Drs, Inc. multi-year asset trail

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

Leonardo Drs, Inc. filing trail (2024)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$22M
Net Income-$331K
Employer EIN132632319
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Leonardo Drs, Inc. Pension Value Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Leonardo Drs, Inc. Pension Value Plan, Total assets ($B): 0.022420038 · Participants: 17Leonardo Drs, Inc. Pension Value 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
Leonardo Drs, Inc. Pension Value Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Leonardo Drs, Inc. Pension Value Plan side-by-side with 3 peers →

Leonardo Drs, Inc. Pension Value Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Zimmer Puerto Rico Retirement Income Plan in IN ($22M); by covered participants it is Quanex Building Products Salaried and Nonunion Employee Pension Plan in TX (17 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 Leonardo Drs, Inc. Pension Value Plan assets move in 2024? ▼
Leonardo Drs, Inc. Pension Value Plan edged down modestly - down 1.4% during 2024, from $23M to $22M. Reported net income was -$331K.
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.
Which Defined Benefit (Pension) plans are similar in size to Leonardo Drs, Inc. Pension Value Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Zimmer Puerto Rico Retirement Income Plan in IN ($22M, 117 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Leonardo Drs, Inc. Pension Value Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Quanex Building Products Salaried and Nonunion Employee Pension Plan in TX (17 participants, N/A 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.