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: 18,408
- Total Assets: $2.1B
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 | 18,408 | $2.1B | $55.4M | $98.1M |
| 2023 | 17,637 | $2.0B | $56.0M | $85.5M |
| 2022 | 16,900 | $1.8B | $42.0M | $80.1M |
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 & TRUSTEE / RECORDKEEPER AND TRUSTEE | $995,927 | — | $995,927 |
| STRATEGIC ADVISORS, INC. | INV ADV TO PARTICIPANTS | $266,929 | — | $266,929 |
| KPMG LLP | PLAN AUDITOR | $111,003 | — | $111,003 |
| JENNER & BLOCK LLP | LEGAL | $97,666 | — | $97,666 |
| NEWPORT TRUST COMPANY | TRUSTEE FOR GD STOCK FUN | $81,818 | — | $81,818 |
| AON CONSULTING, INC. | CONSULTING (PENSION) | $57,905 | — | $57,905 |
| CROWE LLP | FINANCIAL STATEMENT PREP | $17,103 | — | $17,103 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV. INST. OPS. CO. LLC — RECORDKEEPER & TRUSTEE / RECORDKEEPER AND TRUSTEE
- STRATEGIC ADVISORS, INC. — INV ADV TO PARTICIPANTS
- KPMG LLP — PLAN AUDITOR
- 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: $1,628,351
- Estimated Expense Ratio: 0.078% 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 | $1,628,351 | $266,929 | $995,927 | $111,003 | — |
| 2023 | $1,400,793 | $218,430 | $865,976 | $112,000 | — |
| 2022 | $1,560,775 | $208,984 | $976,950 | — | $155,410 |