Leonardo Drs, Inc. 401(k) Plan: Login, Facts & Contact Information

Leonardo Drs, Inc. 401(k) Plan Facts

Plan name
LEONARDO DRS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
LEONARDO DRS, INC.
Participants
8,490 (6,516 active employees)
Former employees with a balance
2,198
Plan assets
$1,310,686,134 at Dec 31, 2024
Average account balance
$171,063 across 7,662 accounts
Employer contributions
$31,043,299 in plan year 2024 (30% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $103.8 million went into the plan in contributions, $31.0 million of it from the employer (30%).
  • $123.1 million was paid out to participants.
  • Investment and other income added $168.1 million.
  • Administrative expenses were $1.58 million, about $206 per account.

How the Leonardo Drs, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20198,185$954.7 million$20.2 million$66.6 million
20208,363$1.13 billion$23.4 million$79.8 million
20218,651$1.28 billion$23.3 million$101.1 million
20228,693$987.4 million$23.8 million$99.1 million
20238,594$1.16 billion$38.6 million$100.5 million
20248,490$1.31 billion$31.0 million$123.1 million

Leonardo Drs, Inc. 401(k) Contact Information

Phone
571-447-4645
Mailing address
2345 CRYSTAL DRIVE SUITE 1000, ARLINGTON VA 22202
Plan sponsor
LEONARDO DRS, INC.
Employer identification number (EIN)
13-2632319
Plan number
001

Questions about the Leonardo Drs, Inc. 401(k)

Does Leonardo Drs, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $31.0 million, 30% of all contributions.

Does the Leonardo Drs, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Leonardo Drs, Inc 401(k) plan?

8,490 participants at the start of plan year 2024, 6,516 of them active employees, and 2,198 former employees who still had money in the plan.

What is the average 401(k) balance at Leonardo Drs, Inc?

About $171,063 per account: $1.31 billion in plan assets across 7,662 accounts with a balance at the end of plan year 2024.

Who manages the Leonardo Drs, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Leonardo Drs, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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