401(k) · DOL Form 5500 · 2024

Leonardo Drs, Inc. 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
6,030
Participants Above avg headcount
99th
Percentile by assets National rank
$217,361
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #17,409 in Manufacturing (17,777 peers)

Coverage in Virginia

Leonardo Drs, Inc. 401(k) Plan covers 6,030 participants in Virginia, 7.7x the typical Virginia plan (state average ~782 per filing). Assets: $1.3B.

#17,409
in Manufacturing (17,777 peers)
+12.6%
assets growth YoY
13×
vs typical plan assets (national mean)

Leonardo Drs, Inc. 401(k) Plan's outsized position by total assets

Leonardo Drs, Inc. 401(k) Plan vs every filed plan by assets

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

$1,310,686,134 Top 1% higher than 99% 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. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Leonardo Drs, Inc. 401(k) Plan lands in the large band (6,030 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 132632319 · Leonardo Drs, Inc. PY 2024 · 401(k)

Leonardo Drs, Inc. 401(k) Plan · $1.3B · 6,030 · 99th

  • 5500 $1.3B
  • ASSETS 6,030
  • PCT 99th
  • EIN 401(k)
  • RANK near Gpi Savings Plan
  • PHOTO ind #17409

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. 401(k) Plan in the asset neighbourhood

Leonardo Drs, Inc. 401(k) PlanLeonardo Drs, Inc. 401(k) Pl…$1.3BGpi Savings Plan$1.3BRentokil Initial USA 401(k) PlanRentokil Initial USA 401(k) …$1.3BVertex Pharmaceuticals Incorporated 401(k) PlanVertex Pharmaceuticals Incor…$1.3BAssa Abloy Inc. Retirement Savings PlanAssa Abloy Inc. Retirement S…$1.3B
End-of-year total assets ($B) among Leonardo Drs, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$147M
Employer EIN132632319
Plan Effective Date1985-01-01
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 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 Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Leonardo Drs, Inc. 401(k) Plan, Total assets ($B): 1.310686134 · Participants: 6030Leonardo Drs, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Leonardo Drs, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Leonardo Drs, Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Leonardo Drs, Inc. 401(k) Plan

Leonardo Drs, Inc. 401(k) Plan reports $1.3B in end-of-year assets across 6,030 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $217,361 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2024 was $147M.

This plan identity (EIN 132632319, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $987M to $1.3B (+32.7%) while covered participants moved from 6,315 to 6,030 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,315 $987M Open filing
2023 6,280 $1.2B Open filing
2024 · index core 6,030 $1.3B This page

Leonardo Drs, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Gpi Savings Plan in GA ($1.3B); by covered participants it is Carlisle, LLC Employee Incentive Savings Plan in AZ (6,033 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,030 participants); asset peers above are excluded.

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. 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 123,622 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).
Which 401(k) plans cover a similar participant headcount to Leonardo Drs, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carlisle, LLC Employee Incentive Savings Plan in AZ (6,033 participants, $870M 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.