401(k) · DOL Form 5500 · 2022

The Permanente Federation, LLC 401(k) Plan

Data updated 2026-08-11

$64M
Total assets
148
Participants
90th
Percentile by assets
$432,255
Avg per participant
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Official DOL plan name: The Permanente 401(k) Retirement Plan · Sponsored by The Permanente Federation, LLC · California · Healthcare & Social Assistance

$64M in assets, 148 participants

The Permanente Federation, LLC's The Permanente 401(k) Retirement Plan reported $64M in total assets and 148 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #18,338 in Healthcare & Social Assistance (20,060 peers)

Coverage in California

The Permanente 401(k) Retirement Plan covers 148 participants in California, about 23% of the average California filer (state average ~630 per filing). Assets: $64M.

$64M
total plan assets (2022 EOY)
148
covered participants
90th
percentile by assets (of 139,126 plans)
$432,255
avg assets per participant

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Permanente 401(k) Retirement Plan sits by total assets

The Permanente 401(k) Retirement Plan vs every filed plan by assets

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

$63,973,670 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. The Permanente 401(k) Retirement Plan reports 148 participants - about 23% of that state average ($64M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$64M
Net Income-$13M
Employer EIN522017558
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Permanente Federation, LLC)

$110M$120M$130M$140M$150M 202220232024 $116M $140M ▲ +20.0%
Total plan assets by year, all The Permanente Federation, LLC plans on file
Year Plans Participants Total Assets
2022 2 285 $116M
2023 2 275 $130M
2024 2 277 $140M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Permanente 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants The Permanente 401(k…, Total assets ($B): 0.06397367 · Participants: 148The Permanente 401(k…Wells Fargo & Compan…, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Compan…Google LLC 401(k) Sa…, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 4…Chevron Employee Sav…, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Sav…Intel 401(k) Savings…, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings…
The Permanente 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Permanente 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Permanente 401(k) Retirement Plan assets move in 2022?
The Permanente 401(k) Retirement Plan declined sharply - down 16.8% during 2022, from $77M to $64M. Reported net income was -$13M.
How have The Permanente Federation, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), The Permanente Federation, LLC's sponsor-wide assets grew 20.0%, from $116M to $140M.
Where does The Permanente 401(k) Retirement Plan rank by assets among Form 5500 filers?
The Permanente 401(k) Retirement Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Permanente 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Rmf 401(k) Retirement Plan in MA ($64M, 172 participants).

Filing takeaways

Ways to act on The Permanente 401(k) Retirement Plan's numbers.