Defined Benefit (Pension) · DOL Form 5500 · 2023

Covington & Burling LLP Pension Plan

Data updated 2026-08-25

$156M
Total assets Near avg plan size
296
Participants Below avg headcount
94th
Percentile by assets National rank
$526,521
Avg per participant High balance/head
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Official DOL plan name: Covington Portfolio Pension Plan · Sponsored by Covington & Burling LLP · District of Columbia · Professional & Technical Services

$156M in assets, 296 participants

Covington & Burling LLP's Covington Portfolio Pension Plan reported $156M in total assets and 296 participants in its 2023 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,286 in Professional & Technical Services (20,321 peers)

Coverage in District of Columbia

Covington Portfolio Pension Plan covers 296 participants in District of Columbia, about 20% of the average District of Columbia filer (state average ~1,456 per filing). Assets: $156M.

#19,286
in Professional & Technical Services (20,321 peers)
+52.4%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Covington Portfolio Pension Plan's outsized position by total assets

Covington Portfolio Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$155,850,070 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Covington Portfolio Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covington Portfolio Pension Plan sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covington Portfolio Pension Plan reported net income rose from $24M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Covington Portfolio Pension Plan end-of-year assets rose from $102M in the plan year 2022 filing to $156M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 530188411 · Covington & Burling LLP PY 2023 · Defined Benefit (Pension)

Covington Portfolio Pension Plan · $156M · 296 · 94th

  • PHOTO $156M
  • IND 296
  • EOY 94th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Pension Fund of Make-Up Artists & Hair Stylists Union - Local 798 - Iatse
  • PCT ind #19286

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in District of Columbia →

Covington Portfolio Pension Plan in the asset neighbourhood

Plumbers & Steamfitters Local 150 Pension FundPlumbers & Steamfitters Loca…$156MPension Fund of Make-Up Artists & Hair Stylists Union - Local 798 - IatsePension Fund of Make-Up Arti…$156MCovington Portfolio Pension PlanCovington Portfolio Pension …$156MSmart & Final Pension Plan$156MTwin City Floor Covering Industry Pension FundTwin City Floor Covering Ind…$156M
End-of-year total assets ($M) among Covington Portfolio Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

District of Columbia filing particulars

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$156M
Net Income$54M
Employer EIN530188411
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covington & Burling LLP)

Sponsor-wide plan assets over time

All Covington & Burling LLP plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 41.219189067076115% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.34B $1.89B ▲ +41.0%
Year Plans Participants Total Assets
2022 2 2,287 $1.3B
2023 2 2,352 $1.7B
2024 2 2,446 $1.9B

Nearby Defined Benefit (Pension) Plans in District of Columbia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Covington Portfolio Pension Plan vs. nearby Defined Benefit (Pension) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Covington Portfolio Pension Plan, Total assets ($B): 0.15585007 · Participants: 296Covington Portfolio Pension PlanCentral Pension Fund of the Iuoe & Participating Employers, Total assets ($B): 24.899227069 · Participants: 100627Central Pension Fund of the Iuoe & Participating EmployersIam National Pension Fund, Total assets ($B): 14.299885772 · Participants: 92151Iam National Pension FundUnited Mine Workers of America 1974 Pension Plan, Total assets ($B): 3.510841748 · Participants: 52United Mine Workers of America 1974 Pension PlanDanaher Corporation & Subsidiaries Pension Plan, Total assets ($B): 1.889401706 · Participants: 3354Danaher Corporation & Subsidiaries Pension PlanLiuna Staff and Affiliates Pension Fund, Total assets ($B): 1.815316886 · Participants: 3533Liuna Staff and Affiliates Pension Fund
Covington Portfolio Pension Plan vs. nearby Defined Benefit (Pension) plans in District of Columbia, assets vs. participants

Covington Portfolio Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside District of Columbia, the nearest Defined Benefit (Pension) by assets is Pension Fund of Make-Up Artists & Hair Stylists Union - Local 798 - Iatse in CA ($156M); by covered participants it is Jacobs Consolidated Pension Plan in TX (296 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (296 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Covington Portfolio Pension Plan assets move in 2023?
Covington Portfolio Pension Plan surged - up 52.4% during 2023, from $102M to $156M. Reported net income was $54M.
How have Covington & Burling LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Covington & Burling LLP's sponsor-wide assets grew 41.2%, from $1.3B to $1.9B.
Where does Covington Portfolio Pension Plan rank by assets among Form 5500 filers?
Covington Portfolio Pension Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Covington Portfolio Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Fund of Make-Up Artists & Hair Stylists Union - Local 798 - Iatse in CA ($156M, 1,298 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Covington Portfolio Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Jacobs Consolidated Pension Plan in TX (296 participants, $261M in assets).