Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
LEONARDO DRS, INC.
EIN 13-2632319defense & spaceLatest filing 2024
Plans
4
Retirement
3
$1.38B assets
Welfare
1
$10.6M premiums
Participants
16,092
2345 CRYSTAL DRIVE, SUITE 1000 - ARLINGTON, VA 22202571-447-4645leonardodrs.comLinkedIn5001-10000 employeesdefense & space
Retirement portfolio analytics
3 plans aggregated / $1.38B assets / 9,589 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $10.6M premiums / 11,097 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$9.7M
- Life$8.4M
- Short-term disability$8.4M
- Long-term disability$8.4M
- Vision$824K
- Health$242K
- +1 more
Carrier market share
Premium dollars by Schedule A carrier
79%top
- HARTFORD LIFE AND ACCIDENT79%
- RELIASTAR LIFE INSURANCE COMPANY7%
- EYEMED VISION CARE6%
- UNITEDHEALTHCARE INSURANCE COMPANY2%
- ARAG INSURANCE COMPANY2%
- +2 more
Broker market share
Schedule A broker compensation
88%top
- WILLIS TOWERS WATSON US LLC88%
- REUBEN WARNER ASSOCIATES, INC.6%
- ALIGHT SOLUTIONS5%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
LEONARDO DRS, INC. 401(K) PLAN
401k
Assets$1.31B
Participants8,846
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
DRS CONSOLIDATED RETIREMENT PLAN
TraditionalDB
Assets$48.4M
Participants661
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002
LEONARDO DRS, INC. PENSION VALUE PLAN
CashBalance
Assets$22.4M
Participants82
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
LEONARDO DRS, INC. WELFARE BENEFITS PLAN
Fully Insured - HARTFORD LIFE AND ACCIDENT
Premiums$10.6M
Covered lives11,097
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | LEONARDO DRS, INC. 401(K) PLAN | 401k | $1.31B | 8,846 | 2024 | |
| 004 | DRS CONSOLIDATED RETIREMENT PLAN | TraditionalDB | $48.4M | 661 | 2024 | |
| 002 | LEONARDO DRS, INC. PENSION VALUE PLAN | CashBalance | $22.4M | 82 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | LEONARDO DRS, INC. WELFARE BENEFITS PLAN | Fully Insured | HARTFORD LIFE AND ACCIDENT | $10.6M | 11,097 | 2024 |
Retirement plans
Welfare plans