Defined Benefit (Pension) · DOL Form 5500 · 2022
The Permanente Medical Group, Inc. Pension Plan
Data updated 2026-08-25
- $10.4B
- Total assets Mega-plan scale
- 19,326
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $537,177
- Avg per participant High balance/head
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.
- #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.
- #20,056
- in Healthcare & Social Assistance (20,060 peers)
- -13.0%
- assets change YoY
- 104×
- vs typical plan assets (national mean)
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.
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.'s outsized position by total assets
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$10,381,485,239 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.'s mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. is a mega filing (19,326 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 942728480 · The Permanente Medical Group, Inc. PY 2022 · Defined Benefit (Pension)
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. · $10.4B · 19,326 · 100th
- SCH $10.4B
- SCH 19,326
- SCH 100th
- SCH Defined Benefit (Pension)
- SCH near National Elevator Industry Pension Plan
- SCH ind #20056
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 →
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All The Permanente Medical Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $35.2B 22.780701823225495% vs 2022
- 2024 filing year
| 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.
- 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)
Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside California, the nearest Defined Benefit (Pension) by assets is National Elevator Industry Pension Plan in PA ($10.4B); by covered participants it is Bjc Pension Plan in MO (19,132 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($10.4B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (19,326 participants); asset peers above are excluded.
- Bjc Pension Plan (MO) 19,132 · 194 off
- Liuna National (Industrial) Pension Fund (DC) 19,641 · 315 off
- The Legacy Plan of the Unite Here Retirement Fund (NY) 18,942 · 384 off
- General Motors Hourly-Rate Employees Pension Plan (MI) 18,766 · 560 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.