401(k) · DOL Form 5500 · 2022
The Permanente Medical Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $7.0B
- Total assets Very large vs avg
- 19,110
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $365,694
- Avg per participant High balance/head
Official DOL plan name: The Permanente Medical Group, Inc. Salary Deferral Plan · Sponsored by The Permanente Medical Group, Inc. · California · Healthcare & Social Assistance
$7.0B in assets, 19,110 participants
The Permanente Medical Group, Inc.'s The Permanente Medical Group, Inc. Salary Deferral Plan reported $7.0B in total assets and 19,110 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.
- #20,048 in Healthcare & Social Assistance (20,060 peers)
Coverage in California
The Permanente Medical Group, Inc. Salary Deferral Plan covers 19,110 participants in California, 30x the typical California plan (state average ~630 per filing). Assets: $7.0B.
- #20,048
- in Healthcare & Social Assistance (20,060 peers)
- -16.0%
- assets change YoY
- 70×
- vs typical plan assets (national mean)
The plan reported a net loss of $1.3B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Permanente Medical Group, Inc. Salary Deferral Plan's outsized position by total assets
The Permanente Medical Group, Inc. Salary Deferral Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$6,988,405,063 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
The Permanente Medical Group, Inc. Salary Deferral Plan'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. The Permanente Medical Group, Inc. Salary Deferral Plan is a mega filing (19,110 participants), the rightmost band on the breakdown.
Published 5500 schedule card
Filing strip 942728480 · The Permanente Medical Group, Inc. PY 2022 · 401(k)
The Permanente Medical Group, Inc. Salary Deferral Plan · $7.0B · 19,110 · 100th
- IND $7.0B
- EOY 19,110
- 5500 100th
- ASSETS 401(k)
- PCT near Gsk 401(k) Plan
- EIN ind #20048
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 →
The Permanente Medical Group, Inc. Salary Deferral Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $8.3B |
|---|---|
| Net Assets (End of Year) | $7.0B |
| Net Income | -$1.3B |
| 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 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Scale composition for The Permanente Medical Group, Inc. Salary Deferral Plan
The Permanente Medical Group, Inc. Salary Deferral Plan reports $7.0B in end-of-year assets across 19,110 participants (0.057% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $365,694 per participant (2.6x the national average assets-per-participant) . Net income for plan year 2022 was -$1.3B.
This plan identity (EIN 942728480, plan #013) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.0B to $9.9B (+41.4%) while covered participants moved from 19,110 to 21,688 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 19,110 | $7.0B | This page |
| 2023 | 20,817 | $8.5B | Open filing |
| 2024 · index core | 21,688 | $9.9B | 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)
The Permanente Medical Group, Inc. Salary Deferral Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Gsk 401(k) Plan in PA ($7.0B); by covered participants it is Spb Hospitality LLC Retirement Savings Plan in TX (19,053 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.0B here).
- Gsk 401(k) Plan (PA) $7.0B · 14,527
- Metlife 401(k) Plan (NJ) $7.0B · 13,762
- Bp Employee Savings Plan (TX) $6.9B · 8,831
- Nucor Corporation Profit Sharing and Retirement Savings Plan (NC) $6.9B · 21,030
Similar participant headcount
Nearest other-state filings by covered participants (19,110 participants); asset peers above are excluded.
- Spb Hospitality LLC Retirement Savings Plan (TX) 19,053 · 57 off
- Adams Keegan Retirement Savings Plan (TN) 19,230 · 120 off
- The Mastec, Inc. 401(k) Retirement Plan (FL) 19,241 · 131 off
- Bath & Body Works, Inc. 401(k) Savings and Retirement Plan (OH) 19,262 · 152 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.