Plan Snapshot
- Plan Sponsor: General Dynamics Corporation
- Sponsor EIN: 131673581
- Sponsor Address: 11011 SUNSET HILLS RD, RESTON, VA, 201905311
- Plan Type: 401(k)
- Plan Number: 544
- Total Participants: 75,552
- Total Assets: $10.0M
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 | 75,552 | $10.0M | $10.9M | $8.8M |
| 2023 | 71,796 | $10.1M | $10.1M | $8.6M |
| 2022 | 66,977 | $9.9M | $9.6M | $8.3M |
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 |
|---|---|---|---|---|
| KPMG LLP | Auditor | $66,150 | — | $66,150 |
| THE NORTHERN TRUST COMPANY | Custodian / Trustee | $17,284 | — | $17,284 |
| EY | Auditor | $10,784 | — | $10,784 |
| CROWE LLP | Other Service Provider | $7,867 | — | $7,867 |
| AON CONSULTING, INC. | Recordkeeper | $6,030 | — | $6,030 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG LLP — Auditor
- EY — Auditor
- AON CONSULTING, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,115
- Estimated Expense Ratio: 1.079% 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 | $282,580 | — | — | $66,150 | — |
| 2023 | $291,183 | — | — | $63,000 | — |
| 2022 | $159,046 | — | — | — | $89,651 |