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: 28,117
- Total Assets: $7.9B
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 | 28,117 | $7.9B | $126.8M | $277.6M |
| 2023 | 27,525 | $7.3B | $121.0M | $264.8M |
| 2022 | 31,038 | $6.4B | $86.7M | $215.3M |
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 | $181,845 | — | $181,845 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,845
- Estimated Expense Ratio: 0.002% 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 | $2,431,868 | $1,014,920 | $923,967 | $181,845 | — |
| 2023 | $2,213,889 | $869,758 | $646,332 | $288,156 | — |
| 2022 | $2,453,615 | $564,947 | $1,625,717 | — | $167,932 |