401(k) · DOL Form 5500 · 2024

Leonardo Drs, Inc. 401(k) Plan

Data updated 2026-07-24

$1.3B
Total assets: 6,030
Participants: 99th
Percentile by assets: $217,361
Avg per participant

Official DOL plan name: Leonardo Drs, Inc. 401(k) Plan · Sponsored by Leonardo Drs, Inc. · Virginia · Manufacturing

$1.3B in assets, 6,030 participants

Leonardo Drs, Inc.'s Leonardo Drs, Inc. 401(k) Plan reported $1.3B in total assets and 6,030 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in Virginia

Leonardo Drs, Inc. 401(k) Plan covers 6,030 participants in Virginia, 7.7x the typical Virginia plan (state average ~781 per filing). Assets: $1.3B.

$1.3B
total plan assets (2024 EOY): 6,030
covered participants: 99th
percentile by assets (of 116,472 plans): $217,361
avg assets per participant

Leonardo Drs, Inc. 401(k) Plan reported net income fell from $179M in the plan year 2023 filing to $147M in the plan year 2024 filing.
Leonardo Drs, Inc. 401(k) Plan end-of-year assets rose from $1.2B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
Leonardo Drs, Inc. 401(k) Plan reported participants fell from 6,280 in the plan year 2023 filing to 6,030 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. Leonardo Drs, Inc. 401(k) Plan reports 6,030 participants - 7.7x that state average ($1.3B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$1.2B
Net Assets (End of Year)	$1.3B
Net Income	$147M
Employer EIN	132632319
Plan Effective Date	1985-01-01
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 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Leonardo Drs, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Northrop Grumman Savings Plan $39.5B · 104,719
401(k) Pension Plan $16.8B · 62,869
General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
Leidos, Inc. Retirement Plan $11.8B · 29,734

Compare Leonardo Drs, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Leonardo Drs, Inc. 401(k) Plan by total assets, not by location.

Gpi Savings Plan (GA) $1.3B · 8,521
Rentokil Initial USA 401(k) Plan (PA) $1.3B · 10,037
Vertex Pharmaceuticals Incorporated 401(k) Plan (MA) $1.3B · 4,388
Assa Abloy Inc. Retirement Savings Plan (CT) $1.3B · 12,400

Frequently Asked Questions

How did Leonardo Drs, Inc. 401(k) Plan assets move in 2024? ▼

Leonardo Drs, Inc. 401(k) Plan grew at a solid clip - up 12.6% during 2024, from $1.2B to $1.3B. Reported net income was $147M.

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 Leonardo Drs, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼

Leonardo Drs, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Leonardo Drs, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Gpi Savings Plan in GA ($1.3B, 8,521 participants).

Next read for Leonardo Drs, Inc. 401(k) Plan

Filing takeaways

Ways to act on Leonardo Drs, Inc. 401(k) Plan's numbers.

By total assets, Leonardo Drs, Inc. 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) 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.