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Original filing (PDF)20251014090705NAL0002376993001
LEONARDO DRS, INC.
Form 5500
FILING_RECEIVED
LEONARDO DRS, INC. WELFARE BENEFITS PLAN
Health & welfare plan
Signals · 3
~15876 bps in Sched C feesNo recordkeeper disclosed8 service providers
Active participants
5,710
Accounts w/ balance
—
Plan assets (EOY)
$3.9M
Net assets (EOY)
-$4.2M
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 15876 bps in Schedule C fees — 30431% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LEONARDO DRS, INC..
Plan sponsor
Name
LEONARDO DRS, INC.
EIN
13-2632319
Address
2345 CRYSTAL DRIVE · SUITE 1000 · ARLINGTON, VA · 22202
Phone
(571) 447-4645
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4G · Prepaid Legal
4H · Long-Term Disability
4I · Severance Pay
4L · Death Benefits (other than life insurance)
4Q · Other
4U · Dependent Care
Audit & trust (Schedule H)
Auditor
RUBIN BROWN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
8 rowsOther
8| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UNITED HEALTHCARE SERVICES, INC. | 41-1289245 | — | NONE | $2.4M | — |
| OPTUM HSA | — | EDEN PRAIRIE, MN | NONE | $2.4M | — |
| LIVONGO | — | MOUNTAIN VIEW, CA | NONE | $789K | — |
| CVS CAREMARK | 05-0340626 | — | NONE | $222K | — |
| DELTA DENTAL | — | OAK BROOK, IL | NONE | $217K | — |
| MDLIVE | — | MIRAMAR, FL | NONE | $53K | — |
| UNITED BEHAVIORAL HEALTH DBA OPTUM | 94-2649097 | — | NONE | $43K | — |
| BANK OF AMERICA | 94-1687665 | — | NONE | $8K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.
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