Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Sound Variable Annuity Pension Plan

Data updated 2026-08-25

$98M
Total assets Below avg plan size
66,669
Participants Very large workforce
91st
Percentile by assets National rank
$1,468
Avg per participant Low balance/head
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Official DOL plan name: Sound Variable Annuity Pension Trust · Sponsored by Board of Trustees, Sound Variable Annuity · Washington · Retail Trade

$98M in assets, 66,669 participants

Board of Trustees, Sound Variable Annuity's Sound Variable Annuity Pension Trust reported $98M in total assets and 66,669 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,994 in Retail Trade (8,414 peers)

Coverage in Washington

Sound Variable Annuity Pension Trust covers 66,669 participants in Washington, 45x the typical Washington plan (state average ~1,476 per filing). Assets: $98M.

#7,994
in Retail Trade (8,414 peers)
+66.6%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Sound Variable Annuity Pension Trust's outsized position by total assets

Sound Variable Annuity Pension Trust vs every filed plan by assets

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

$97,877,615 Top 9% higher than 91% 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

Sound Variable Annuity Pension Trust's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sound Variable Annuity Pension Trust is a mega filing (66,669 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sound Variable Annuity Pension Trust end-of-year assets rose from $59M in the plan year 2022 filing to $98M in the plan year 2023 filing.
  • Sound Variable Annuity Pension Trust reported participants rose from 47,589 in the plan year 2022 filing to 66,669 in the plan year 2023 filing.
  • Sound Variable Annuity Pension Trust reported net income fell from $42M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 863278029 · Board of Trustees, Sound Variable Annuity PY 2023 · Defined Benefit (Pension)

Sound Variable Annuity Pension Trust · $98M · 66,669 · 91st

  • EIN $98M
  • RANK 66,669
  • PHOTO 91st
  • IND Defined Benefit (Pension)
  • EOY near Mdu Resources Group, Inc. Pension Plan for Non-Bargaining Unit Employees
  • 5500 ind #7994

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 Retail Trade retirement plans → · Plans in Washington →

Sound Variable Annuity Pension Trust in the asset neighbourhood

Retirement Plan for Koppers Inc.Retirement Plan for Koppers …$98MItw Bargaining Retirement PlanItw Bargaining Retirement Pl…$98MSound Variable Annuity Pension TrustSound Variable Annuity Pensi…$98MMdu Resources Group, Inc. Pension Plan for Non-Bargaining Unit EmployeesMdu Resources Group, Inc. Pe…$98MThe Retirement Income Plan for Employees of the Rockefeller FoundationThe Retirement Income Plan f…$98M
End-of-year total assets ($M) among Sound Variable Annuity Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$98M
Net Income$39M
Employer EIN863278029
Plan Effective Date2021-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Sound Variable Annuity)

Sponsor-wide plan assets over time

All Board of Trustees, Sound Variable Annuity plans reported in each filing year

Latest sponsor-wide plan assets
$140M 138.6379487162724% vs 2022
2024 filing year
$50M$100M$150M 202220232024 $58.7M $140M ▲ +138.6%
Year Plans Participants Total Assets
2022 1 47,589 $59M
2023 1 66,669 $98M
2024 1 81,755 $140M

Nearby Defined Benefit (Pension) Plans in Washington

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

Sound Variable Annuity Pension Trust vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Sound Variable Annuity Pension Trust, Total assets ($B): 0.097877615 · Participants: 66669Sound Variable Annuity Pension TrustWestern Conference of Teamsters Pension Plan, Total assets ($B): 57.387332732 · Participants: 229511Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.042153263 · Participants: 31566The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 16.333139549 · Participants: 32477The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 3.287308621 · Participants: 15892Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 3.066446219 · Participants: 8339Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
Sound Variable Annuity Pension Trust vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants
Compare Sound Variable Annuity Pension Trust side-by-side with 3 peers →

Scale composition for Sound Variable Annuity Pension Trust

Sound Variable Annuity Pension Trust reports $98M in end-of-year assets across 66,669 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.071% of 93,925,755 covered participants) - about $1,468 per participant (1% of the national average assets-per-participant) . Net income for plan year 2023 was $39M.

This plan identity (EIN 863278029, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $59M to $140M (+138.6%) while covered participants moved from 47,589 to 81,755 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 47,589 $59M Open filing
2023 66,669 $98M This page
2024 · index core 81,755 $140M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Sound Variable Annuity Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is Mdu Resources Group, Inc. Pension Plan for Non-Bargaining Unit Employees in ND ($98M); by covered participants it is Motion Picture Industry Pension Plan in CA (68,019 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (66,669 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 Sound Variable Annuity Pension Trust assets move in 2023? ▼
Sound Variable Annuity Pension Trust surged - up 66.6% during 2023, from $59M to $98M. Reported net income was $39M.
How have Board of Trustees, Sound Variable Annuity plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Sound Variable Annuity's sponsor-wide assets grew 138.6%, from $59M to $140M.
Where does Sound Variable Annuity Pension Trust rank by assets among Form 5500 filers? ▼
Sound Variable Annuity Pension Trust ranks in the 91st 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 Sound Variable Annuity Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mdu Resources Group, Inc. Pension Plan for Non-Bargaining Unit Employees in ND ($98M, 137 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sound Variable Annuity Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Motion Picture Industry Pension Plan in CA (68,019 participants, $5.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 863278029.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.