Plan Snapshot
- Plan Sponsor: General Dynamics Corporation
- Sponsor EIN: 131673581
- Sponsor Address: 11011 SUNSET HILLS RD, RESTON, VA, 201905311
- Plan Type: 401(k)
- Total Participants: 2,096
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,096 | $1.5B | $722,917 | $5.6M |
| 2023 | 1,711 | $1.5B | $976,883 | $5.3M |
| 2022 | 1,728 | $1.4B | $867,575 | $5.1M |
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 |
|---|---|---|---|---|
| FIDELITY INV. INST. OPS. CO. LLC | RECORDKEEPER AND TRUSTEE | $142,588 | — | $142,588 |
| KPMG LLP | PLAN AUDITOR | $105,333 | — | $105,333 |
| STRATEGIC ADVISORS, INC. | INV. ADV. TO PARTICIPANT | $39,047 | — | $39,047 |
| JENNER & BLOCK LLP | LEGAL | $23,265 | — | $23,265 |
| NEWPORT TRUST COMPANY | TRUSTEE OF GD STOCK FUND | $20,112 | — | $20,112 |
| CROWE LLP | FINANCIAL STATEMENT PREP | $17,102 | — | $17,102 |
| AON CONSULTING, INC. | CONSULTING (PENSION) | $10,389 | — | $10,389 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV. INST. OPS. CO. LLC — RECORDKEEPER AND TRUSTEE
- KPMG LLP — PLAN AUDITOR
- STRATEGIC ADVISORS, INC. — INV. ADV. TO PARTICIPANT
- JENNER & BLOCK LLP — LEGAL
- AON CONSULTING, INC. — CONSULTING (PENSION)
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $357,836
- Estimated Expense Ratio: 0.024% 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 | $357,836 | $39,047 | $142,588 | $105,333 | — |
| 2023 | $356,628 | $33,922 | $120,801 | $102,000 | — |
| 2022 | $493,466 | $32,075 | $313,029 | — | $116,348 |