Defined Benefit (Pension) · DOL Form 5500 · 2022

Palo Alto Foundation Medical Group, Inc. Pension Plan

Data updated 2026-08-25

$210M
Total assets Near avg plan size
957
Participants Near avg headcount
96th
Percentile by assets National rank
$219,209
Avg per participant Above avg balance/head
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Official DOL plan name: Pafmg Cash Balance Plan II · Sponsored by Palo Alto Foundation Medical Group, Inc. · California · Healthcare & Social Assistance

$210M in assets, 957 participants

Palo Alto Foundation Medical Group, Inc.'s Pafmg Cash Balance Plan II reported $210M in total assets and 957 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,321 in Healthcare & Social Assistance (20,060 peers)

Where Pafmg Cash Balance Plan II sits by assets

Pafmg Cash Balance Plan II sits in the top 5% of all filed plans by assets, $210M for 957 participants (~$219,209/participant), up 7.3% in 2022.

#19,321
in Healthcare & Social Assistance (20,060 peers)
+7.3%
assets growth YoY
2.1×
vs typical plan assets (national mean)

Pafmg Cash Balance Plan II's outsized position by total assets

Pafmg Cash Balance Plan II vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$209,783,290 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Pafmg Cash Balance Plan II among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pafmg Cash Balance Plan II sits mid-pack in the medium band (957 participants).

EBSA filing schedule strip

Filing strip 510656809 · Palo Alto Foundation Medical Group, Inc. PY 2022 · Defined Benefit (Pension)

Pafmg Cash Balance Plan II · $210M · 957 · 96th

  • RANK $210M
  • RANK 957
  • RANK 96th
  • RANK Defined Benefit (Pension)
  • RANK near Tri-State Carpenters and Joiners Pension Trust Fund
  • RANK ind #19321

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in California →

Pafmg Cash Balance Plan II in the asset neighbourhood

Tri-State Carpenters and Joiners Pension Trust FundTri-State Carpenters and Joi…$210MPafmg Cash Balance Plan II$210MLocal 365 UAW Pension Fund$210MWarehouse Employees Local No. 570 Pension FundWarehouse Employees Local No…$209MOsram Sylvania Pension Plan$209M
End-of-year total assets ($M) among Pafmg Cash Balance Plan II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$196M
Net Assets (End of Year)$210M
Net Income$14M
Employer EIN510656809
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palo Alto Foundation Medical Group, Inc.)

Sponsor-wide plan assets over time

All Palo Alto Foundation Medical Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.6B 40.208510094158314% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B 202220232024 $1.88B $2.64B ▲ +40.4%
Year Plans Participants Total Assets
2022 2 2,718 $1.9B
2023 2 2,752 $2.2B
2024 2 2,827 $2.6B

Nearby Defined Benefit (Pension) Plans in California

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

Pafmg Cash Balance Plan II vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Pafmg Cash Balance Plan II, Total assets ($B): 0.20978329 · Participants: 957Pafmg Cash Balance Plan IIKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
Pafmg Cash Balance Plan II vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Pafmg Cash Balance Plan II side-by-side with 3 peers →

Pafmg Cash Balance Plan II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Tri-State Carpenters and Joiners Pension Trust Fund in TN ($210M); by covered participants it is Plumbers and Pipefitters Local 520 Pension Plan in MI (959 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($210M here).

Similar participant headcount

Nearest other-state filings by covered participants (957 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pafmg Cash Balance Plan II assets move in 2022? ▼
Pafmg Cash Balance Plan II grew at a solid clip - up 7.3% during 2022, from $196M to $210M. Reported net income was $14M.
How have Palo Alto Foundation Medical Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palo Alto Foundation Medical Group, Inc.'s sponsor-wide assets grew 40.2%, from $1.9B to $2.6B.
Where does Pafmg Cash Balance Plan II rank by assets among Form 5500 filers? ▼
Pafmg Cash Balance Plan II ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pafmg Cash Balance Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tri-State Carpenters and Joiners Pension Trust Fund in TN ($210M, 2,188 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pafmg Cash Balance Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers and Pipefitters Local 520 Pension Plan in MI (959 participants, $252M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 510656809.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.