Sound Variable Annuity Pension Trust
Taft-Hartley plan, based in Bothell, Washington, reporting $140M in assets, for 87,151 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Sound Variable Annuity Pension Trust total assets $98M -> $140M (+43.2%, 2023-12-31 to 2024-12-31).
3 more advisers and 4 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- PRU Emerging Market Debt Fund2 commitments
- CF Panagora Risk Parity Multi-Asset1 commitment
- Prudential Trust Co.2 commitments
- Panagora Asset Management, Inc.1 commitment
Relationship network
23 connected entities3 observed commitments2 repeat counterpartiescommitments 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesTaft-Hartley planShowHide
Allocation policy
- Interest-bearing cash 0.1%
- Non-interest-bearing cash 2.9%
- Partnership/joint venture interests 13.3%
- Common/collective trusts 4.2%
- Registered investment companies 77.0%
Consultants and advisers
- Verus Advisory, Inc. Investment adviser (plan)through Dec 31, 2022 Form 5500
- Rael & Letson/cheiron Inc. Actuarythrough Dec 31, 2023 Form 5500
- US Bank Trusteethrough Dec 31, 2023 Form 5500
+3 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People
Manager roster
- Prudential Trust Co.2 rows, latest Dec 31, 2024
- Panagora Asset Management, Inc.1 row, latest Dec 31, 2022
- Prudential Trust Co.plan years 2023
What changed
- Dec 31, 2024Assets changedSound Variable Annuity Pension Trust total assets $98M -> $140M (+43.2%, 2023-12-31 to 2024-12-31)
- Jan 1, 2024Funded status changedSound Variable Annuity Pension Trust funded ratio 120.8% -> 100.1% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedSound Variable Annuity Pension Trust plan assets $59M -> $98M (+66.6%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding startedSound Variable Annuity Pension Trust first reports an interest in PRU Emerging Market Debt Fund (Prudential Trust Co.): $3M at 2023-12-31with Prudential Trust Co.askebsa.dol.gov
- Dec 31, 2023Holding endedinferenceSound Variable Annuity Pension Trust no longer reports CF Panagora Risk Parity Multi-Asset (Panagora Asset Management, Inc.) (last held $5M at 2022-12-31; absent from the 2023-12-31 filing)with Panagora Asset Management, Inc.askebsa.dol.gov
+4 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | PRU Emerging Market Debt Fundcollective trust | Prudential Trust Co. | Private credit | $5.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | PRU Emerging Market Debt Fundcollective trust | Prudential Trust Co. | Private credit | $3.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | CF Panagora Risk Parity Multi-Asset103 12 ie | Panagora Asset Management, Inc. | Hedge / diversifiers | $4.6M held | Disclosed holding | askebsa.dol.gov |
Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 87,151 | Not disclosed | Not disclosed | n/a | $140M | $18.6M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 69,397 | Not disclosed | Not disclosed | n/a | $97.9M | $9.9M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 48,135 | Not disclosed | Not disclosed | n/a | $58.7M | $7.7M | Not disclosed | Not disclosed |
- Zenith American Solutions codes 13 50 $1.8M PY2024
- Cheiron Inc codes 11 17 50 $463,204 PY2024
- Rael & Letson codes 11 17 50 $212,938 PY2024
+38 more service providers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Provenance
Provenance
Sound Variable Annuity Pension Trust sits on 2 traced paths of capital across the graphs.
DFX traced 2 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Total assets changed2024-12-31source on record
- Funded status changed2024-01-01source on record
- Total assets changed2024-01-01source on record
+6 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+8 connections on the graph
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