# Drs Naval Power Systems, INC. DB Plan
Source: https://planprovider.pro/companies/drs-naval-power-systems-inc-plan

> Drs Naval Power Systems, INC.'s DB plan: 87 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Drs Naval Power Systems, INC.

- **Sponsor EIN:** 421537952

- **Sponsor Address:** 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON, VA, 22202

- **Plan Type:** DB

- **Total Participants:** 87

- **Total Assets:** $22.2M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|87|$22.2M|$3.3M|$0|

| 2023|100|$23.1M|$609,620|$0|

| 2022|105|$22.4M|$51,509|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| RUBIN BROWN LLP|Auditor|$15,400|—|$15,400|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [RUBIN BROWN LLP](https://planprovider.pro/provider/rubinbrown-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $15,400

- **Estimated Expense Ratio:** 0.069% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$297,579|$31,920|$18,468|$15,400|—|

| 2023|$304,651|$39,931|$7,600|$14,700|—|

| 2022|$256,042|$29,642|—|—|$85,085|

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