DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Covington Portfolio Pension Plan

Corporate pensionWashington, DC
Assets
$187M
Total assets, Dec 31, 2024 reported
Funded
100.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
25
1 managers on Schedule C
Plan sponsor: Covington & Burling LLP
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 7.7%
  • Common/collective trusts 92.3%
Consultants and advisers
1 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
25 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2035collective trustCharles Schwab Trust BankPooled vehicles$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2040collective trustCharles Schwab Trust BankPooled vehicles$12.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2045collective trustCharles Schwab Trust BankPooled vehicles$22.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2050collective trustCharles Schwab Trust BankPooled vehicles$50.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2055collective trustCharles Schwab Trust BankPooled vehicles$31.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2060collective trustCharles Schwab Trust BankPooled vehicles$30.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2030collective trustCharles Schwab Trust BankPooled vehicles$7.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2010collective trustCharles Schwab Trust BankPooled vehicles$8.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Schwab Indexed Ret Tr Fund 2065collective trustCharles Schwab Trust BankPooled vehicles$8.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2035collective trustCharles Schwab Trust BankPooled vehicles$3.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2040collective trustCharles Schwab Trust BankPooled vehicles$7.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2045collective trustCharles Schwab Trust BankPooled vehicles$29.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2050collective trustCharles Schwab Trust BankPooled vehicles$46.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2055collective trustCharles Schwab Trust BankPooled vehicles$24.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2060collective trustCharles Schwab Trust BankPooled vehicles$21.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2030collective trustCharles Schwab Trust BankPooled vehicles$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2010collective trustCharles Schwab Trust BankPooled vehicles$896,452 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Schwab Indexed Ret Tr Fund 2065collective trustCharles Schwab Trust BankPooled vehicles$5.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schwab Indexed Ret Tr Fund 2035collective trustCharles Schwab Trust BankPooled vehicles$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schwab Indexed Ret Tr Fund 2040collective trustCharles Schwab Trust BankPooled vehicles$9.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schwab Indexed Ret Tr Fund 2045collective trustCharles Schwab Trust BankPooled vehicles$27.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schwab Indexed Ret Tr Fund 2050collective trustCharles Schwab Trust BankPooled vehicles$30.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schwab Indexed Ret Tr Fund 2055collective trustCharles Schwab Trust BankPooled vehicles$15.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schwab Indexed Ret Tr Fund 2060collective trustCharles Schwab Trust BankPooled vehicles$16.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schwab Indexed Ret Tr Fund 2025collective trustCharles Schwab Trust BankPooled vehicles$1.1M heldDisclosed holdingaskebsa.dol.gov
Size and funding
32 readings
Total assets
$187M Dec 31, 2024 reported Form 5500
$156M (2023-12) · $102M (2022-12)
Plan assets
$156M Jan 1, 2024 reported Form 5500
$102M (2023-01) · $78.1M (2022-01)
Net assets
$187M Dec 31, 2024 reported Form 5500
$156M (2023-12) · $102M (2022-12)
Funded ratio
100.0% Jan 1, 2024 reported Form 5500
100.0% (2023-01) · 100.0% (2022-01)
Funding target
$155M Jan 1, 2024 reported Form 5500
$89.1M (2023-01) · $61.7M (2022-01)
Discount rate
5.03% Jan 1, 2024 reported Form 5500
5.11% (2023-01) · 5.25% (2022-01)
Participants
308 Jan 1, 2024 reported Form 5500
307 (2023-01) · 299 (2022-01)
Contributions
$28.7M Dec 31, 2024 reported Form 5500
$40.8M (2023-12) · $44.9M (2022-12)
Benefits paid
$17.7M Dec 31, 2024 reported Form 5500
$10.0M (2023-12) · $9.5M (2022-12)
Net investment income
$31.2M Dec 31, 2024 reported Form 5500
$53.6M (2023-12) · $24.2M (2022-12)
Investment management fees
$50,000 Dec 31, 2024 reported Form 5500
$25,000 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024308$156M$155M100.0%$187Mn/an/an/a
2023 to Dec 31, 2023307$102M$89.1M100.0%$156Mn/an/an/a
2022 to Dec 31, 2022299$78.1M$61.7M100.0%$102Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Schwab Retirement Plan Services Inc codes 15 50 64 $97,306 PY2024
  • Pricewaterhousecoopers LLP codes 64 $78,715 PY2024
  • Fiducient Advisors LLC codes 28 50 $50,000 PY2024
  • Baker Tilly US LLP codes 10 50 $24,413 PY2024
  • Schwab Indexed Ret Tr Fund 2050 Sched. D C $50.1M PY2024
  • Schwab Indexed Ret Tr Fund 2060 Sched. D C $30.4M PY2024
  • Schwab Indexed Ret Tr Fund 2030 Sched. D C $7.5M PY2024
  • Schwab Indexed Ret Tr Fund 2010 Sched. D C $8.3M PY2024
  • Schwab Indexed Ret Tr Fund 2065 Sched. D C $8.3M PY2024
  • Schwab Indexed Ret Tr Fund 2055 Sched. D C $31.3M PY2024
  • Schwab Indexed Ret Tr Fund 2035 Sched. D C $1.7M PY2024
  • Schwab Indexed Ret Tr Fund 2040 Sched. D C $12.4M PY2024
  • Schwab Indexed Ret Tr Fund 2045 Sched. D C $22.6M PY2024
  • PWC US Consulting LLP codes 11 PY2024
  • Pricewaterhousecoopers LLP codes 64 $123,717 PY2023
  • Schwab Retirement Plan Services Inc codes 15 50 64 $64,744 PY2023
  • Baker Tilly US LLP codes 10 50 $22,837 PY2023
  • Schwab Indexed Ret Tr Fund 2010 Sched. D C $896,452 PY2023
  • Schwab Indexed Ret Tr Fund 2035 Sched. D C $3.3M PY2023
  • Schwab Indexed Ret Tr Fund 2040 Sched. D C $7.5M PY2023
  • Schwab Indexed Ret Tr Fund 2045 Sched. D C $29.0M PY2023
  • Schwab Indexed Ret Tr Fund 2050 Sched. D C $46.3M PY2023
  • Schwab Indexed Ret Tr Fund 2055 Sched. D C $24.3M PY2023
  • Schwab Indexed Ret Tr Fund 2060 Sched. D C $21.6M PY2023
  • Schwab Indexed Ret Tr Fund 2030 Sched. D C $1.7M PY2023
  • Schwab Indexed Ret Tr Fund 2065 Sched. D C $5.5M PY2023
  • PWC US Consulting LLP codes 11 PY2023
  • Pricewaterhousecoopers LLP codes 64 $125,096 PY2022
  • Schwab Retirement Plan Services Inc codes 15 50 64 $75,941 PY2022
  • Fiducient Advisors codes 28 50 $25,000 PY2022
  • Baker Tilly US LLP codes 10 50 $23,100 PY2022
  • Schwab Indexed Ret Tr Fund 2050 Sched. D C $30.2M PY2022
  • Schwab Indexed Ret Tr Fund 2055 Sched. D C $15.3M PY2022
  • Schwab Indexed Ret Tr Fund 2060 Sched. D C $16.2M PY2022
  • Schwab Indexed Ret Tr Fund 2025 Sched. D C $1.1M PY2022
  • Schwab Indexed Ret Tr Fund 2035 Sched. D C $2.2M PY2022
  • Schwab Indexed Ret Tr Fund 2020 Sched. D C PY2022
  • Schwab Indexed Ret Tr Fund 2030 Sched. D C PY2022
  • Schwab Indexed Ret Tr Fund 2040 Sched. D C $9.4M PY2022
  • Schwab Indexed Ret Tr Fund 2045 Sched. D C $27.1M PY2022
  • PWC US Consulting LLP codes 11 PY2022
What changed
8 events
  • Dec 31, 2024Manager relationship started
    Fiducient Advisors LLC appears on Covington Portfolio Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Fiducient Advisors LLCaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Covington Portfolio Pension Plan total assets $156M -> $187M (+20.0%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Covington Portfolio Pension Plan plan assets $102M -> $156M (+52.4%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding started
    Covington Portfolio Pension Plan first reports an interest in Schwab Indexed Ret Tr Fund 2065 (Charles Schwab Trust Bank): $6M at 2023-12-31
    with Charles Schwab Trust Bankaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Covington Portfolio Pension Plan first reports an interest in Schwab Indexed Ret Tr Fund 2010 (Charles Schwab Trust Bank): $896,452 at 2023-12-31
    with Charles Schwab Trust Bankaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Fiducient Advisors no longer appears on Covington Portfolio Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Fiducient Advisors LLCaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Covington Portfolio Pension Plan total assets $102M -> $156M (+52.4%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Covington Portfolio Pension Plan plan assets $78M -> $102M (+31.0%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 530188411-010
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.