Defined Benefit (Pension) · DOL Form 5500 · 2024

Covington & Burling LLP Pension Plan

Data updated 2026-08-11

$187M
Total assets
308
Participants
94th
Percentile by assets
$607,280
Avg per participant
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Official DOL plan name: Covington Portfolio Pension Plan · Sponsored by Covington & Burling LLP · District of Columbia · Professional & Technical Services

$187M in assets, 308 participants

Covington & Burling LLP's Covington Portfolio Pension Plan reported $187M in total assets and 308 participants in its 2024 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.

  • 94th percentile by assets (of 123,622 plans)
  • #19,187 in Professional & Technical Services (20,173 peers)

Coverage in District of Columbia

Covington Portfolio Pension Plan covers 308 participants in District of Columbia, about 21% of the average District of Columbia filer (state average ~1,456 per filing). Assets: $187M.

$187M
total plan assets (2024 EOY)
308
covered participants
94th
percentile by assets (of 123,622 plans)
$607,280
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Covington Portfolio Pension Plan reported net income fell from $54M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Covington Portfolio Pension Plan end-of-year assets rose from $156M in the plan year 2023 filing to $187M in the plan year 2024 filing.
  • Covington Portfolio Pension Plan reported participants rose from 296 in the plan year 2023 filing to 308 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs District of Columbia filers

In District of Columbia, the average filing covers about 1,456 participants across 881 plans. Covington Portfolio Pension Plan reports 308 participants - about 21% of that state average ($187M EOY assets).

District of Columbia filing particulars

Total Assets (Beginning of Year)$156M
Net Assets (End of Year)$187M
Net Income$31M
Employer EIN530188411
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covington & Burling LLP)

$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.34B $1.89B ▲ +41.0%
Total plan assets by year, all Covington & Burling LLP plans on file
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

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 …Central Pension Fund…Iam National Pension…United Mine Workers …Liuna Staff and Affi…Bricklayers & Trowel…
Covington Portfolio Pension Plan vs. nearby Defined Benefit (Pension) plans in District of Columbia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Covington Portfolio Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Covington Portfolio Pension Plan assets move in 2024?
Covington Portfolio Pension Plan grew sharply - up 20.0% during 2024, from $156M to $187M. Reported net income was $31M.
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 123,622 plans that reported assets for plan year 2024 (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 Trustage Pension Plan for Represented Employees in WI ($187M, 489 participants).

Filing takeaways

Ways to act on Covington Portfolio Pension Plan's numbers.