Plan Snapshot
- Plan Sponsor: Leidos, INC.
- Sponsor EIN: 953779392
- Sponsor Address: 1750 PRESIDENTS STREET, RESTON, VA, 20190
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 37,274
- Total Assets: $19.2M
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 | 37,274 | $19.2M | $286.2M | $130.2M |
| 2023 | 32,747 | $14.4M | $248.2M | $115.9M |
| 2022 | 31,564 | $13.2M | $188.8M | $107.5M |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE CO. | Other Service Provider | $6,968,354 | — | $6,968,354 |
| VIRGIN PULSE | Other Service Provider | $1,599,952 | — | $1,599,952 |
| EXPRESS SCRIPTS | Other Service Provider | $1,445,282 | — | $1,445,282 |
| ANTHEM BLUE CROSS LIFE AND HEALTH | Other Service Provider | $1,021,271 | — | $1,021,271 |
| DELTA DENTAL OF VIRGINIA | Other Service Provider | $814,741 | — | $814,741 |
| RX SAVINGS SOLUTIONS | Other Service Provider | $560,492 | — | $560,492 |
| COMPSYCH | Other Service Provider | $428,332 | — | $428,332 |
| WECARE | Other Service Provider | $378,585 | — | $378,585 |
| NEW LIFE SOLUTION, INC. | Other Service Provider | $232,897 | — | $232,897 |
| HEADSPACE | Other Service Provider | $225,080 | — | $225,080 |
| WAGEWORKS, INC. | Other Service Provider | $186,968 | — | $186,968 |
| BUDCO | Other Service Provider | $157,171 | — | $157,171 |
| EAGLE CONSULTING | Other Service Provider | $91,241 | — | $91,241 |
| MERCER HUMAN RESOURCE CONSULTING | Other Service Provider | $45,000 | — | $45,000 |
| SAN FRANCISCO CITY OPTION | Other Service Provider | $9,722 | — | $9,722 |
| US BANK NATIONAL ASSOCIATION | Recordkeeper | $8,115 | — | $8,115 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- US BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,173,203
- Estimated Expense Ratio: 73.685% 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 | $14,240,824 | — | $14,220,676 | — | — |
| 2023 | $12,772,845 | $7,518 | $10,409,519 | — | — |
| 2022 | $12,242,247 | $7,583 | $9,921,852 | — | $2,312,812 |