General Dynamics Corporation 401(k) Plan 3.0
General Dynamics Corporation · Reston, VA · EIN 131673581 · Plan 012 · Form 5500 for plan year 2024
What General Dynamics put into the plan, per active participant
Not on this filing
The plan ended the year with a fraction of the active participants it began with, so a full year of employer money would divide across the few people left and read as a figure no employee received. The total is shown instead of a per-person amount.
The plan received $722,917 of employer money in plan year 2024. The total is shown here because the filing does not support dividing it per person.
A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else. Nothing is filled in from an average, from another year or from another plan.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL September 30, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
$38.80
The plan paid $38.80 per participant in plan-paid administrative expenses in plan year 2024, cheaper than 68% of plans with 5,000+ participants. The middle plan of that size paid $54.84.
Why a plan this big pays less per person before anything else
Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
Not scored
This filing reports one of the two amounts the score is built from, so it takes none. A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else.
It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.
What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
On this page: the match and vesting terms · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What General Dynamics puts in
Not stated in the filing
Only part of the match formula is disclosed in the filing, so the yearly dollars cannot be computed from it.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Fidelity NetBenefits ↗.
What you contribute to collect all of it
Not stated in the filing
The filing does not state the contribution rate that collects the full employer contribution.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants’ contributions and Employer matching contributions and actual earnings thereon are always 100% vested.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
32nd percentile
$38.80 per participant in plan-paid administrative cost, cheaper than 68% of plans with 5,000+ participants.
The match, vesting and eligibility terms above are read from the Form 11-K filed by General Dynamics Corporation, whose page states the full formula, the vesting schedule and the sentence behind each one.
Matched to this employer by sponsor name, not by an identifier stated in the filing. That Form 11-K covers General Dynamics Corporation 401(k) Plan 3.0.
What to check next
Money in, without a headcount to divide it by
The plan ended the year with a fraction of the active participants it began with, so the employer money is shown as a total above and not per person. Your own statement, on Fidelity NetBenefits ↗, shows what reached your account.
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Fidelity NetBenefits ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $1,475,683,269 |
|---|---|
| Net assets | $1,475,609,384 |
| Participants, beginning of year | 9,223 |
| Of which active | 2,096 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 5,000+ participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $5,619,649. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 11% |
Plan-paid administrative expenses
The plan paid $357,836 in administrative expenses in plan year 2024, across 9,223 participants: $38.80 per participant.
| Contract administrator fees | $142,588 |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | $39,047 |
| Other administrative fees | $27,491 |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 5,000+ participant cohort, where the median plan pays $54.84 per participant. The sponsor files from Virginia, one of 1,765 plans on file there, at a median of $142.39 per participant. Its business code places the plan in computers and electronics manufacturing, one of 644 on file, which run to a median of $136.67.
Plans of a similar size in Virginia
| Plan | Participants | Cost per participant |
|---|---|---|
| Lasership 401(k) PlanLasership, Inc. | 9,621 | $20.07 |
| Deferred Profit-Sharing Plan For Salaried EmployeesAltria Client Services LLC | 9,365 | not itemized |
| Riverside Health System 401(k) Savings PlanRiverside Management Services, Inc. | 9,160 | $46.61 |
| Beacon Sales Acquisition, Inc. 401(k) Profit Sharing PlanBeacon Sales Acquisition, Inc. | 9,082 | $88.22 |
Service providers (Schedule C)
Recordkeeper: Fidelity Inv. Inst. Ops. Co. LLC (as filed: “FIDELITY INV. INST. OPS. CO. LLC”)
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Fidelity Inv. Inst. Ops. Co. LLC | 71, 65, 37, 64, 99, 62, 38, 50, 33, 25, 13, 57, 21, 15 | 142,588 | 0 |
| KPMG LLP | 50, 10 | 105,333 | not reported |
| Strategic Advisors, Inc. | 50, 26 | 39,047 | not reported |
| Jenner & Block LLP | 50, 29 | 23,265 | not reported |
| Newport Trust Company | 50, 49, 28, 25 | 20,112 | not reported |
| Crowe LLP | 16, 50, 10 | 17,102 | not reported |
| Aon Consulting, Inc. | 50, 49, 17 | 10,389 | not reported |
| Wealth Management Systems, Inc. | 49 | 0 | 0 |
| Fidelity Inv. Inst. Ops. Co. LLC | 99 | 0 | 0 |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250930141152NAL0029511282001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "General Dynamics Corporation 401(k) Plan 3.0: Form 5500 facts", from DOL EFAST2 filing 20250930141152NAL0029511282001, plan year ended December 31, 2024.