401(k) · DOL Form 5500 · 2022

Palo Alto Foundation Medical Group, Inc. 401(k) Plan

Data updated 2026-08-06

$1.7B
Total assets
1,761
Participants
99th
Percentile by assets
$949,710
Avg per participant
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Official DOL plan name: Palo Alto Foundation Medical Group, Inc. 401(k) Plan · Sponsored by Palo Alto Foundation Medical Group, Inc. · California · Healthcare & Social Assistance

$1.7B in assets, 1,761 participants

Palo Alto Foundation Medical Group, Inc.'s Palo Alto Foundation Medical Group, Inc. 401(k) Plan reported $1.7B in total assets and 1,761 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #19,993 in Healthcare & Social Assistance (20,087 peers)

Coverage in California

Palo Alto Foundation Medical Group, Inc. 401(k) Plan covers 1,761 participants in California, 2.8x the typical California plan (state average ~637 per filing). Assets: $1.7B.

$1.7B
total plan assets (2022 EOY)
1,761
covered participants
99th
percentile by assets (of 139,258 plans)
$949,710
avg assets per participant

The plan reported a net loss of $333M 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 637 participants across 14,392 plans. Palo Alto Foundation Medical Group, Inc. 401(k) Plan reports 1,761 participants - 2.8x that state average ($1.7B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$1.7B
Net Income-$333M
Employer EIN510656809
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palo Alto Foundation Medical Group, Inc.)

$1.5B$2B$2.5B$3B 202220232024 $1.88B $2.64B ▲ +40.4%
Total plan assets by year, all Palo Alto Foundation Medical Group, Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,718 $1.9B
2023 2 2,752 $2.2B
2024 2 2,827 $2.6B

Nearby 401(k) Plans in California

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

Palo Alto Foundation Medical Group, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Palo Alto Foundation Medical Group, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Palo Alto Foundation…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Palo Alto Foundation Medical Group, Inc. 401(k) 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 Palo Alto Foundation Medical Group, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Palo Alto Foundation Medical Group, Inc. 401(k) Plan assets move in 2022?
Palo Alto Foundation Medical Group, Inc. 401(k) Plan declined sharply - down 16.6% during 2022, from $2.0B to $1.7B. Reported net income was -$333M.
How have Palo Alto Foundation Medical Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Palo Alto Foundation Medical Group, Inc.'s sponsor-wide assets grew 40.2%, from $1.9B to $2.6B.
Where does Palo Alto Foundation Medical Group, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Palo Alto Foundation Medical Group, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Palo Alto Foundation Medical Group, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bjc 401(k) Plan in MO ($1.7B, 28,371 participants).

Next read for Palo Alto Foundation Medical Group, Inc.…

Filing takeaways

Ways to act on Palo Alto Foundation Medical Group, Inc. 401(k) Plan's numbers.