Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Sound Retirement Trust Pension Plan

Data updated 2026-08-11

$2.7B
Total assets
75,402
Participants
99th
Percentile by assets
$35,859
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Sound Retirement Trust · Sponsored by Board of Trustees, Sound Retirement Trust · Washington · Retail Trade

$2.7B in assets, 75,402 participants

Board of Trustees, Sound Retirement Trust's Sound Retirement Trust reported $2.7B in total assets and 75,402 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #8,017 in Retail Trade (8,048 peers)

Coverage in Washington

Sound Retirement Trust covers 75,402 participants in Washington, 51x the typical Washington plan (state average ~1,476 per filing). Assets: $2.7B.

$2.7B
total plan assets (2024 EOY)
75,402
covered participants
99th
percentile by assets (of 123,622 plans)
$35,859
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sound Retirement Trust reported net income rose from $6M in the plan year 2023 filing to $92M in the plan year 2024 filing.
  • Sound Retirement Trust reported participants fell from 93,701 in the plan year 2023 filing to 75,402 in the plan year 2024 filing.
  • Sound Retirement Trust end-of-year assets rose from $2.6B in the plan year 2023 filing to $2.7B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Sound Retirement Trust reports 75,402 participants - 51x that state average ($2.7B EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$2.6B
Net Assets (End of Year)$2.6B
Net Income$92M
Employer EIN916069306
Plan Effective Date1965-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Sound Retirement Trust)

$2.55B$2.6B$2.65B$2.7B$2.75B 202220232024 $2.6B $2.7B ▲ +3.8%
Total plan assets by year, all Board of Trustees, Sound Retirement Trust plans on file
Year Plans Participants Total Assets
2022 1 105,428 $2.6B
2023 1 93,701 $2.6B
2024 1 75,402 $2.7B

Nearby Defined Benefit (Pension) Plans in Washington

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

Sound Retirement Trust vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Sound Retirement Trust vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 0204060 Total assets ($B) Participants Sound Retirement TrustWestern Conference o…The Pension Value Pl…The Boeing Company E…Locals 302 & 612 of …Paccar Inc Retiremen…
Sound Retirement Trust vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Scale composition for Sound Retirement Trust

Sound Retirement Trust reports $2.7B in end-of-year assets across 75,402 participants (0.022% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.080% of 93,925,755 covered participants) - about $35,859 per participant (26% of the national average assets-per-participant) . Net income for plan year 2024 was $92M.

This plan identity (EIN 916069306, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.6B to $2.7B (+3.9%) while covered participants moved from 105,428 to 75,402 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 105,428 $2.6B Open filing
2023 93,701 $2.6B Open filing
2024 · index core 75,402 $2.7B This page

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Frequently Asked Questions

How did Sound Retirement Trust assets move in 2024?
Sound Retirement Trust edged up modestly - up 4.2% during 2024, from $2.6B to $2.7B. Reported net income was $92M.
How have Board of Trustees, Sound Retirement Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Sound Retirement Trust's sponsor-wide assets grew 3.9%, from $2.6B to $2.7B.
Where does Sound Retirement Trust rank by assets among Form 5500 filers?
Sound Retirement Trust ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Sound Retirement Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Laborers District Council & Contractors Pension Fund of Ohio in OH ($2.7B, 14,573 participants).

Filing takeaways

Ways to act on Sound Retirement Trust's numbers.

  • By total assets, Sound Retirement Trust ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Washington. Compare plans
  • Board of Trustees, Sound Retirement Trust's sponsor-wide assets have grown 3.9% since 2022 across 3 plan years on file. More Retail Trade plans