Defined Benefit (Pension) · DOL Form 5500 · 2024
Drs Naval Power Systems, Inc. Pension Plan
Data updated 2026-08-25
- $22M
- Total assets Small plan by assets
- 100
- Participants Small participant base
- 72nd
- Percentile by assets National rank
- $222,332
- Avg per participant Above avg balance/head
Official DOL plan name: Pension Plan for Employees of Drs Naval Power Systems, Inc. · Sponsored by Drs Naval Power Systems, Inc. · Virginia · Manufacturing
$22M in assets, 100 participants
Drs Naval Power Systems, Inc.'s Pension Plan for Employees of Drs Naval Power Systems, Inc. reported $22M in total assets and 100 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.
- #11,068 in Manufacturing (17,777 peers)
Coverage in Virginia
Pension Plan for Employees of Drs Naval Power Systems, Inc. covers 100 participants in Virginia, about 13% of the average Virginia filer (state average ~782 per filing). Assets: $22M.
- #11,068
- in Manufacturing (17,777 peers)
- -3.8%
- assets change YoY
The plan reported a net loss of $864K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pension Plan for Employees of Drs Naval Power Systems, Inc.'s outsized position by total assets
Pension Plan for Employees of Drs Naval Power Systems, Inc. vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$22,233,158 Top 28% higher than 72% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Pension Plan for Employees of Drs Naval Power Systems, Inc. among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Employees of Drs Naval Power Systems, Inc. is a small filing (100 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan for Employees of Drs Naval Power Systems, Inc. reported net income fell from $693K in the plan year 2023 filing to -$864K in the plan year 2024 filing.
- Pension Plan for Employees of Drs Naval Power Systems, Inc. reported participants fell from 105 in the plan year 2023 filing to 100 in the plan year 2024 filing.
- Pension Plan for Employees of Drs Naval Power Systems, Inc. end-of-year assets fell from $23M in the plan year 2023 filing to $22M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 421537952 · Drs Naval Power Systems, Inc. PY 2024 · Defined Benefit (Pension)
Pension Plan for Employees of Drs Naval Power Systems, Inc. · $22M · 100 · 72nd
- PART $22M
- PART 100
- PART 72nd
- PART Defined Benefit (Pension)
- PART near The California Endowment Cash Balance Plan
- PART ind #11068
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 →
Pension Plan for Employees of Drs Naval Power Systems, Inc. in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $23M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | -$864K |
| Employer EIN | 421537952 |
| Plan Effective Date | 2002-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Drs Naval Power Systems, Inc.)
Sponsor-wide plan assets over time
All Drs Naval Power Systems, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $22M 0.6415774392692548% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 116 | $22M |
| 2023 | 1 | 105 | $23M |
| 2024 | 1 | 100 | $22M |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
Pension Plan for Employees of Drs Naval Power Systems, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is The California Endowment Cash Balance Plan in CA ($22M); by covered participants it is American Postal Workers Union Officers' Qualified Retirement Plan in DC (100 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($22M here).
- The California Endowment Cash Balance Plan (CA) $22M · 105
- Minnesota Nurses Association Pension Plan (MN) $22M · 62
- Penreco Pension Plan (IN) $22M · 62
- The Star Enterprise Retirement Plan (TX) $22M · N/A
Similar participant headcount
Nearest other-state filings by covered participants (100 participants); asset peers above are excluded.
- American Postal Workers Union Officers' Qualified Retirement Plan (DC) 100 · 0 off
- City Credit Union Defined Benefit Plan (TX) 100 · 0 off
- Capital Blue Cross Retirement Plan (PA) 100 · 0 off
- Venturedyne Salaried Retirement Plan (WI) 100 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.