Defined Benefit (Pension) · DOL Form 5500 · 2022
The Permanente Medical Group, Inc. Pension Plan
Data updated 2026-08-11
- $10.4B
- Total assets
- 19,326
- Participants
- 100th
- Percentile by assets
- $537,177
- Avg per participant
Official DOL plan name: Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. · Sponsored by The Permanente Medical Group, Inc. · California · Healthcare & Social Assistance
$10.4B in assets, 19,326 participants
The Permanente Medical Group, Inc.'s Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. reported $10.4B in total assets and 19,326 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,126 plans)
- #20,056 in Healthcare & Social Assistance (20,060 peers)
Coverage in California
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. covers 19,326 participants in California, 31x the typical California plan (state average ~630 per filing). Assets: $10.4B.
- $10.4B
- total plan assets (2022 EOY)
- 19,326
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $537,177
- avg assets per participant
The plan reported a net loss of $1.5B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. reports 19,326 participants - 31x that state average ($10.4B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $11.9B |
|---|---|
| Net Assets (End of Year) | $10.4B |
| Net Income | -$1.5B |
| Employer EIN | 942728480 |
| Plan Effective Date | 1982-01-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Permanente Medical Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 6 | 92,233 | $28.7B |
| 2023 | 6 | 96,363 | $32.1B |
| 2024 | 6 | 100,822 | $35.2B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. 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
- Disney Salaried Pension Plan D $9.2B · 11,405
- Wells Fargo & Company Cash Balance Plan $8.8B · 59,141
- Ilwu-Pma Pension Plan $8.7B · 16,522
Scale composition for Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. reports $10.4B in end-of-year assets across 19,326 participants (0.084% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $537,177 per participant (3.9x the national average assets-per-participant) . Net income for plan year 2022 was -$1.5B.
This plan identity (EIN 942728480, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $10.4B to $11.4B (+10.2%) while covered participants moved from 19,326 to 18,983 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 19,326 | $10.4B | This page |
| 2023 | 19,545 | $10.8B | Open filing |
| 2024 · index core | 18,983 | $11.4B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. (Defined Benefit (Pension), $11.4B, 18,983 participants)
- The Permanente Medical Group, Inc. Salary Deferral Plan (401(k), $9.9B, 21,688 participants)
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. (Money Purchase, $7.9B, 18,550 participants)
- Kaiser Permanente Employees Pension Plan (Defined Benefit (Pension), $5.6B, 40,879 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. by total assets, not by location.
- National Elevator Industry Pension Plan (PA) $10.4B · 27,097
- Mayo Pension Plan (MN) $10.3B · 66,434
- The Citigroup Pension Plan (CT) $10.5B · 18,484
- Pfizer Consolidated Pension Plan (NJ) $10.9B · 10,752
Frequently Asked Questions
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Where does Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.'s numbers.
- By total assets, Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- The Permanente Medical Group, Inc.'s sponsor-wide assets have grown 22.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans