Form 5500 · Schedule H line 2i(12) · form year 2024

General Dynamics Corporation

GENERAL DYNAMICS CORPORATION 401(K) PLAN 6.0 · EIN 131673581 · plan number 069
$70.14
Administrative expenses paid from plan assets, per participant, as the sponsor reported, for form year 2024. The denominator is 66,926 participants with account balances.
This is line 2i(12) of Schedule H only. It excludes fees netted inside fund expense ratios and fees the employer pays directly, which are not in that line and are therefore not in this figure.
Among plans of its size — 50,000 and above participants with account balances, 122 plans in that band across the whole dataset — this plan's reported figure is between the median and the 75th percentile.
p10 $12.67p50 $50.76p90 $131.98

Percentiles are computed over all 52,836 qualifying plans in the form year 2024 dataset, not over the plans published here.

What the filing breaks out, and what it does not

Schedule H lineAs filed
Contract administrator fees$1,606,050
Investment management fees$2,401,042
Other administrative expenses$175,972
Not broken out into any of the lines above$511,054
Total administrative expenses (line 2i(12))$4,694,118

A blank line above means the sponsor did not report a figure for it, which is not the same as reporting zero. Where the named lines add up to less than the total, the difference is shown rather than left for the reader to work out.

The rest of what this filing reports

Participants with account balances66,926
Net plan assets, end of year$12,394,482,052
Employer contributions$325,538,546
Participant contributions$494,024,882
Late participant contributions remitted$2,978
Named as a recordkeeper on Schedule CFIDELITY INV. INST. OPS. CO. LLC

Late participant contributions are amounts the sponsor reported as remitted to the plan later than the deadline in 29 CFR 2510.3-102. It is reported here because the sponsor reported it, not as a judgement about it.

The recordkeeper name is the free-text string the filer typed on Schedule C, reproduced verbatim and not normalised to any company's canonical name.

Check this against the filing

Every figure above was read from General Dynamics Corporation’s own Form 5500 for form year 2024, EFAST2 acknowledgement ID 20250930142514NAL0005540995001, located 2026-08-30.

Open the filing (PDF)

The line itself is on the 2024 Schedule H form at line 2i(12), Total administrative expenses. If our number and the document disagree, the document is right and we want to know.

Plans of a similar size

Same size band, nearest reported figures. Size bands are the point: a plan with a few hundred people and one with a few hundred thousand are not comparable, and putting them side by side would imply they were.

ATH Holding Company, LLC
$69.43 per participant
90,675 with balances
Banner Health
$72.26 per participant
54,905 with balances
Board Of Trustees I.a.t.s.e. Annuity Fund
$73.12 per participant
100,475 with balances
Jpmorgan Chase Bank, National Association
$73.44 per participant
297,359 with balances
Advocate Aurora Health, INC
$65.95 per participant
100,747 with balances
Cintas Corporation
$65.69 per participant
60,428 with balances

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