Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Sound Variable Annuity Pension Plan
Data updated 2026-08-25
- $140M
- Total assets Near avg plan size
- 81,755
- Participants Very large workforce
- 93rd
- Percentile by assets National rank
- $1,714
- Avg per participant Low balance/head
Official DOL plan name: Sound Variable Annuity Pension Trust · Sponsored by Board of Trustees, Sound Variable Annuity · Washington · Retail Trade
$140M in assets, 81,755 participants
Board of Trustees, Sound Variable Annuity's Sound Variable Annuity Pension Trust reported $140M in total assets and 81,755 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #7,706 in Retail Trade (8,048 peers)
Coverage in Washington
Sound Variable Annuity Pension Trust covers 81,755 participants in Washington, 55x the typical Washington plan (state average ~1,476 per filing). Assets: $140M.
- #7,706
- in Retail Trade (8,048 peers)
- +43.2%
- assets growth YoY
- 1.4×
- 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 2024 · DOL Form 5500
$140,167,920 Top 7% higher than 93% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sound Variable Annuity Pension Trust's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sound Variable Annuity Pension Trust is a mega filing (81,755 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sound Variable Annuity Pension Trust end-of-year assets rose from $98M in the plan year 2023 filing to $140M in the plan year 2024 filing.
- Sound Variable Annuity Pension Trust reported participants rose from 66,669 in the plan year 2023 filing to 81,755 in the plan year 2024 filing.
- Sound Variable Annuity Pension Trust reported net income rose from $39M in the plan year 2023 filing to $42M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 863278029 · Board of Trustees, Sound Variable Annuity PY 2024 · Defined Benefit (Pension)
Sound Variable Annuity Pension Trust · $140M · 81,755 · 93rd
- EIN $140M
- EIN 81,755
- EIN 93rd
- EIN Defined Benefit (Pension)
- EIN near The Esab Group, Inc. Consolidated Retirement Plan
- EIN ind #7706
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
Washington filing particulars
| Total Assets (Beginning of Year) | $98M |
|---|---|
| Net Assets (End of Year) | $140M |
| Net Income | $42M |
| Employer EIN | 863278029 |
| Plan Effective Date | 2021-07-01 |
| Filing Status | FILING 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
| 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.
- Western Conference of Teamsters Pension Plan $56.4B · 231,156
- The Pension Value Plan for Employees of the Boeing Company $23.3B · 29,538
- The Boeing Company Employee Retirement Plan $15.4B · 31,398
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.3B · 8,695
- Paccar Inc Retirement Plan $2.7B · 10,345
Scale composition for Sound Variable Annuity Pension Trust
Sound Variable Annuity Pension Trust reports $140M in end-of-year assets across 81,755 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.087% of 93,925,755 covered participants) - about $1,714 per participant (1% of the national average assets-per-participant) . Net income for plan year 2024 was $42M.
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 | Open filing |
| 2024 · index core | 81,755 | $140M | This page |
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 The Esab Group, Inc. Consolidated Retirement Plan in MD ($140M); by covered participants it is JPMorgan Chase Retirement Plan in NJ (83,812 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($140M here).
Similar participant headcount
Nearest other-state filings by covered participants (81,755 participants); asset peers above are excluded.
- JPMorgan Chase Retirement Plan (NJ) 83,812 · 2,057 off
- Pepsico, Inc. Employees Retirement Plan H (NY) 79,073 · 2,682 off
- United Association National Pension Fund (VA) 88,454 · 6,699 off
- Upmc Basic Retirement Plan (PA) 74,793 · 6,962 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.