Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Sound Variable Annuity Pension Plan

Data updated 2026-07-24

$140M
Total assets: 81,755
Participants: 93rd
Percentile by assets: $1,714
Avg per participant

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.

93rd percentile by assets (of 116,472 plans)

Coverage in Washington

Sound Variable Annuity Pension Trust covers 81,755 participants in Washington, 56x the typical Washington plan (state average ~1,466 per filing). Assets: $140M.

$140M
total plan assets (2024 EOY): 81,755
covered participants: 93rd
percentile by assets (of 116,472 plans): $1,714
avg assets per participant

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.

See the national 2023→2024 release diff →

State

Washington

Industry

Retail Trade

Participants vs Washington filers

In Washington, the average filing covers about 1,466 participants across 2,450 plans. Sound Variable Annuity Pension Trust reports 81,755 participants - 56x that state average ($140M EOY assets).

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)

Total plan assets by year, all Board of Trustees, Sound Variable Annuity plans on file

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

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

Compare Sound Variable Annuity Pension Trust side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sound Variable Annuity Pension Trust by total assets, not by location.

The Esab Group, Inc. Consolidated Retirement Plan (MD) $140M · 143
St. Lukes-Roosevelt Hospital Center Employees' Pension Plan (NY) $140M · 294
Consolidated Retirement Plan of Dole Food Company, Inc. (NC) $141M · 224
Noble Services Company LLC Salaried Employees' Retirement Plan (TX) $141M · 112

Frequently Asked Questions

How did Sound Variable Annuity Pension Trust assets move in 2024? ▼

Sound Variable Annuity Pension Trust surged - up 43.2% during 2024, from $98M to $140M. Reported net income was $42M.

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 93rd percentile by end-of-year assets among 116,472 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 Sound Variable Annuity Pension Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The Esab Group, Inc. Consolidated Retirement Plan in MD ($140M, 143 participants).

Next read for Sound Variable Annuity Pension Trust

Filing takeaways

Ways to act on Sound Variable Annuity Pension Trust's numbers.

By total assets, Sound Variable Annuity Pension Trust ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Washington. Compare plans
Board of Trustees, Sound Variable Annuity's sponsor-wide assets have grown 138.6% since 2022 across 3 plan years on file. More Retail Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.