Money Purchase · DOL Form 5500 · 2022
The Permanente Medical Group, Inc. Money Purchase Plan
Data updated 2026-08-11
- $5.9B
- Total assets
- 17,035
- Participants
- 100th
- Percentile by assets
- $345,294
- Avg per participant
Official DOL plan name: The Permanente Contribution Plan of the Permanente Medical Group, Inc. · Sponsored by The Permanente Medical Group, Inc. · California · Healthcare & Social Assistance
$5.9B in assets, 17,035 participants
The Permanente Medical Group, Inc.'s The Permanente Contribution Plan of the Permanente Medical Group, Inc. reported $5.9B in total assets and 17,035 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)
- #20,043 in Healthcare & Social Assistance (20,060 peers)
Coverage in California
The Permanente Contribution Plan of the Permanente Medical Group, Inc. covers 17,035 participants in California, 27x the typical California plan (state average ~630 per filing). Assets: $5.9B.
- $5.9B
- total plan assets (2022 EOY)
- 17,035
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $345,294
- avg assets per participant
The plan reported a net loss of $1.1B 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. The Permanente Contribution Plan of the Permanente Medical Group, Inc. reports 17,035 participants - 27x that state average ($5.9B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $7.0B |
|---|---|
| Net Assets (End of Year) | $5.9B |
| Net Income | -$1.1B |
| Employer EIN | 942728480 |
| Plan Effective Date | 1994-01-01 |
| 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 Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
The Permanente Contribution Plan of the Permanente Medical Group, Inc. vs. nearby Money Purchase plans in California, assets vs. participants
- Kaiser Permanente Supplemental Savings and Retirement Plan $4.3B · 36,448
- University of Southern California Defined Contribution Retirement Plan $3.8B · 20,087
- Carpenters Annuity Trust Fund for Northern California $3.0B · 26,442
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.0B · 22,792
- Laborers Annuity Plan for Northern California $1.4B · 30,063
Scale composition for The Permanente Contribution Plan of the Permanente Medical Group, Inc.
The Permanente Contribution Plan of the Permanente Medical Group, Inc. reports $5.9B in end-of-year assets across 17,035 participants (0.048% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $345,294 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2022 was -$1.1B.
This plan identity (EIN 942728480, plan #040) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.9B to $7.9B (+34.4%) while covered participants moved from 17,035 to 18,550 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 17,035 | $5.9B | This page |
| 2023 | 18,060 | $7.0B | Open filing |
| 2024 · index core | 18,550 | $7.9B | 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 Money Purchase Plans Nationally
Money Purchase plans in other states closest to The Permanente Contribution Plan of the Permanente Medical Group, Inc. by total assets, not by location.
- Tiaa Retirement Plan (NY) $4.5B · 11,825
- Young Men's Christian Association Retirement Fund Retirement Plan (NY) $3.6B · 42,922
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a (MD) $2.5B · 8,647
- The Mitre Corporation Qualified Retirement Plan (MA) $2.2B · 12,021
Frequently Asked Questions
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Filing takeaways
Ways to act on The Permanente Contribution Plan of the Permanente Medical Group, Inc.'s numbers.
- By total assets, The Permanente Contribution Plan 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 Money Purchase 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