Washington LEOFF Plan 1 — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Washington LEOFF Plan 1 (Washington) reported $7.2bn of assets for fiscal year 2025, a one-year investment return of 9.0%, and was 159.8% funded — at or above the 100% fully-funded mark.
| Total assets (FY 2025) | $7.2bn |
| 1-year return | 9.0% |
| 5-year return (annualised) | 11.1% |
| 10-year return (annualised) | 9.3% |
| Funded ratio (GASB) | 159.8% |
How the money is invested (asset allocation)
Washington LEOFF Plan 1 held 30.7% of its assets in private equity and 29.9% in public equities for fiscal year 2025 — the largest of 5 sleeves it reports, with the rest below:
| Private equity | 30.7% |
| Public equities | 29.9% |
| Real estate | 19.9% |
| Fixed income (bonds) | 18.3% |
| Hedge funds | 1.3% |
Compare Washington LEOFF Plan 1 with similar plans
The plans most worth reading Washington LEOFF Plan 1 against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Washington PERS Plan 2/3 | $72.9bn | 9.6% | 101.2% | Same state — Washington |
| Washington Teachers Plan 2/3 | $30.1bn | 9.0% | 97.2% | Same state — Washington |
| Washington LEOFF Plan 2 | $24.0bn | 9.6% | 101.6% | Same state — Washington |
| Washington School Employees Plan 2/3 | $11.3bn | 9.7% | 97.6% | Same state — Washington |
| Washington PERS Plan 1 | $9.6bn | 9.0% | 87.3% | Same state — Washington |
| Washington Teachers Plan 1 | $7.0bn | 9.0% | 81.7% | Same state — Washington |
Questions this page answers
How much does Washington LEOFF Plan 1 have in assets?
Washington LEOFF Plan 1 reported $7.2bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Washington LEOFF Plan 1 make on its investments?
Washington LEOFF Plan 1 reported a 9.0% one-year investment return for fiscal year 2025, and 9.3% a year over the past ten years, per the Public Plans Database.
Is Washington LEOFF Plan 1 fully funded?
Yes — Washington LEOFF Plan 1 was 159.8% funded for fiscal year 2025, at or above the 100% fully-funded target. US public plans face no federal funding minimum, and few clear it (Public Plans Database).
How is Washington LEOFF Plan 1's money invested?
Washington LEOFF Plan 1 held 30.7% of its assets in private equity and 29.9% in public equities, its largest sleeves for fiscal year 2025 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.