Plan Snapshot
- Plan Sponsor: Leidos, INC.
- Sponsor EIN: 953630868
- Sponsor Address: 1750 PRESIDENTS STREET, RESTON, VA, 20190
- Plan Type: 401(k)
- Total Participants: 30,281
- Total Assets: $11.8B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 30,281 | $11.8B | $159.4M | $381.2M |
| 2023 | 29,734 | $10.6B | $153.4M | $365.5M |
| 2022 | 27,043 | $8.7B | $132.1M | $314.1M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISORS INC | NONE | $1,354,596 | — | $1,354,596 |
| VANGUARD GROUP INC. | NONE | $1,236,845 | $34,267 | $1,271,112 |
| AETNA | NONE | $43,630 | — | $43,630 |
| MERCER INVESTMENTS LLC | NONE | $8,300 | — | $8,300 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISORS INC — NONE
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,677,638
- Estimated Expense Ratio: 0.023% 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 | $2,643,371 | $1,362,896 | — | — | — |
| 2023 | $2,511,105 | $1,223,372 | — | — | — |
| 2022 | $2,710,094 | — | — | — | — |