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Original filing (PDF)20251007112348NAL0002618195001
VARDE MANAGEMENT, L.P.
Form 5500
FILING_RECEIVED
VARDE MANAGEMENT, L.P. RETIREMENT SAVINGS PLAN
Pooled investment trust — a fund that other plans invest in — not a participant plan
Active participants
161
Accounts w/ balance
252
Plan assets (EOY)
$59.2M
Net assets (EOY)
$59.2M
How this plan invests
11 plans
invest in this fund
This trust
pooled vehicle
30 securities
Schedule of Assets
This is a pooled fund: many plans invest in it, and it holds the underlying securities.
Master trust / DFE filing
Pooled investment vehicle
This filing is a Direct Filing Entity (DFE) — a master trust or collective investment trust that pools assets from multiple participating plans. It does not have plan participants of its own, and the Plan Health Score formula doesn’t apply. Individual participant-facing plans that invest in this trust are the appropriate target for fiduciary analysis.
Pooled assets (EOY)
$59.2M
Net assets (EOY)
$59.2M
Participating plans
11
latest filings citing this trust
Cited interest
$7.3M
across citing plans' latest filings
Cited interest vs pooled assets: cited interest sums what each participating plan reported holding in this trust, measured at that plan’s own year-end — and those filings span different years. Pooled assets is this single filing’s balance at one date. They’re independent measurements, so cited interest can land slightly above or below the pooled balance and won’t reconcile exactly.
Why no Schedule of Assets here? DFE holdings often live on the master trust’s own audited statement, not as a 4i schedule on the participating plans’ filings. We’re extending the parsing pipeline to cover DFE filings — see Methodology.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for VARDE MANAGEMENT, L.P..
Plan sponsor
Name
VARDE MANAGEMENT, L.P.
EIN
20-8368769
Address
901 MARQUETTE AVE S STE. 3300 · MINNEAPOLIS, MN · 55402
Phone
(952) 374-6956
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-07
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
3D · Pre-approved plan (master / prototype / VS)
2R · Participant-directed brokerage (SDBA)
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $47K | — |
Investments
24 direct securities · 7 pooled funds· $60.0M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$50.8M
24 holdings
Common Collective Trust
$9.2M
7 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | — | — | — | $14.2M | 23.9% | |
| BlackRock LifePath Index 2050 K | — | — | — | $6.6M | 11.1% | |
| BlackRock LifePath Index 2040 K | — | — | — | $5.7M | 9.7% | |
| LRG CAP GRTH III R1 GREAT GRAY TRUST COMPANY, LLC · EIN 38-7275327 / PN 001 | Common Collective Trust | — | — | $4.0M | 6.8% | |
| BlackRock LifePath Index 2030 K | — | — | — | $3.8M | 6.4% | |
| American Funds EuroPacific Growth Fund Class R6 | — | — | — | $2.6M | 4.3% | |
| Fidelity Mid Cap Index Fund | — | — | — | $2.6M | 4.3% | |
| BlackRock LifePath Index 2060 K | — | — | — | $2.4M | 4.1% | |
| BlackRock LifePath Index 2055 K | — | — | — | $2.3M | 3.8% | |
| LARGE CAP VAL II R1 GREAT GRAY TRUST COMPANY, LLC · EIN 38-7264544 / PN 707 | Common Collective Trust | — | — | $1.9M | 3.3% | |
| Fidelity Small Cap Index Fund | — | — | — | $1.5M | 2.6% | |
| Various Self-Directed Brokerage Accounts | — | — | — | $1.5M | 2.5% | |
| BlackRock LifePath Index Retirement K | — | — | — | $1.2M | 2.0% | |
| CORE PLUS BOND R1 GREAT GRAY TRUST COMPANY · EIN 38-4116854 / PN 515 | Common Collective Trust | — | — | $1.2M | 2.0% | |
| Vanguard Emerging Markets Stock Index | — | — | — | $954K | 1.6% | |
| BlackRock LifePath Index 2045 K | — | — | — | $861K | 1.5% | |
| Wilmington Trust, N.A. Metlife Stable Value | — | — | — | $817K | 1.4% | |
| GG METLIFE STAB VAL GREAT GRAY TRUST COMPANY · EIN 26-0142858 / PN 094 | Common Collective Trust | — | — | $817K | 1.4% | |
| Wells Fargo Special Mid Cap Value R6 Fund | — | — | — | $619K | 1.0% | |
| Janus Henderson Balanced N Fund | — | — | — | $575K | 1.0% | |
| Vanguard Total Bond Market Index | — | — | — | $551K | 0.9% | |
| SMALL CAP GR II R1 GREAT GRAY TRUST COMPANY · EIN 38-4126288 / PN 592 | Common Collective Trust | — | — | $541K | 0.9% | |
| Vanguard Real Estate Index | — | — | — | $524K | 0.9% | |
| BlackRock LifePath Index 2035 K | — | — | — | $512K | 0.9% | |
| MID CAP GROWTH R1 GREAT GRAY TRUST COMPANY · EIN 38-4126247 / PN 549 | Common Collective Trust | — | — | $501K | 0.8% | |
| MFS Global Equity R6 | — | — | — | $406K | 0.7% | |
| Prudential Global Total Return Bond R6 | — | — | — | $351K | 0.6% | |
| AC SMALL CAP VALUE GREAT GRAY TRUST COMPANY, LLC · EIN 38-4097325 / PN 488 | Common Collective Trust | — | — | $222K | 0.4% | |
| Participants Participant Loans Rates from 4.25% to 9.50% - | — | — | — | $164K | 0.3% | |
| Fidelity Government Money Market Fund | — | — | — | $117K | 0.2% | |
| BlackRock LifePath Index 2065 K | — | — | — | $69K | 0.1% |
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