Defined Benefit (Pension) · DOL Form 5500 · 2022
Palo Alto Foundation Medical Group, Inc. Pension Plan
Data updated 2026-08-11
- $210M
- Total assets
- 957
- Participants
- 96th
- Percentile by assets
- $219,209
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $210M
- total plan assets (2022 EOY)
- 957
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $219,209
- avg assets per participant
Pafmg Cash Balance Plan II vs the 2022 asset distribution
By assets, Pafmg Cash Balance Plan II outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $196M |
|---|---|
| Net Assets (End of Year) | $210M |
| Net Income | $14M |
| Employer EIN | 510656809 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Palo Alto Foundation Medical Group, Inc.)
| 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
- Kaiser Permanente Retirement Plan $31.9B · 126,331
- Pacific Gas and Electric Company Retirement Plan $17.1B · 25,709
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.4B · 19,326
- Disney Salaried Pension Plan D $9.2B · 11,405
- Wells Fargo & Company Cash Balance Plan $8.8B · 59,141
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Pafmg Cash Balance Plan II by total assets, not by location.
- Tri-State Carpenters and Joiners Pension Trust Fund (TN) $210M · 2,188
- Local 365 UAW Pension Fund (NJ) $210M · 7
- Warehouse Employees Local No. 570 Pension Fund (MD) $209M · 767
- Osram Sylvania Pension Plan (NH) $209M · 325
Frequently Asked Questions
How did Pafmg Cash Balance Plan II assets move in 2022? ▼
How have Palo Alto Foundation Medical Group, Inc. plan assets changed over time? ▼
Where does Pafmg Cash Balance Plan II rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Pafmg Cash Balance Plan II? ▼
Next read for Pafmg Cash Balance Plan II
Scale reading
Ways to act on Pafmg Cash Balance Plan II's numbers.
- By total assets, Pafmg Cash Balance Plan II ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Palo Alto Foundation Medical Group, Inc.'s sponsor-wide assets have grown 40.2% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans