Defined Benefit (Pension) · DOL Form 5500 · 2022

Sutter Health Pension Plan

Data updated 2026-08-25

$5.8B
Total assets Very large vs avg
35,712
Participants Very large workforce
100th
Percentile by assets National rank
$161,493
Avg per participant Above avg balance/head
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Official DOL plan name: Sutter Health Retirement Plan · Sponsored by Sutter Health · California · Healthcare & Social Assistance

$5.8B in assets, 35,712 participants

Sutter Health's Sutter Health Retirement Plan reported $5.8B in total assets and 35,712 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.

  • #20,042 in Healthcare & Social Assistance (20,060 peers)

Coverage in California

Sutter Health Retirement Plan covers 35,712 participants in California, 57x the typical California plan (state average ~630 per filing). Assets: $5.8B.

#20,042
in Healthcare & Social Assistance (20,060 peers)
-15.5%
assets change YoY
58×
vs typical plan assets (national mean)

The plan reported a net loss of $945M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sutter Health Retirement Plan's outsized position by total assets

Sutter Health Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$5,767,232,685 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sutter Health Retirement 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. Sutter Health Retirement Plan is a mega filing (35,712 participants), the rightmost band on the breakdown.

Plan-year Form 5500 strip

Filing strip 942788907 · Sutter Health PY 2022 · Defined Benefit (Pension)

Sutter Health Retirement Plan · $5.8B · 35,712 · 100th

  • BOY $5.8B
  • BOY 35,712
  • BOY 100th
  • BOY Defined Benefit (Pension)
  • BOY near Steelworkers Pension Trust
  • BOY ind #20042

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 →

Sutter Health Retirement Plan in the asset neighbourhood

Eversource Pension Plan$5.9BSteelworkers Pension Trust$5.9BSutter Health Retirement Plan$5.8BNtess Retirement Income Plan$5.6BTriad Defined Benefit Pension PlanTriad Defined Benefit Pensio…$5.4B
End-of-year total assets ($B) among Sutter Health Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$6.8B
Net Assets (End of Year)$5.6B
Net Income-$945M
Employer EIN942788907
Plan Effective Date1959-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sutter Health)

Sponsor-wide plan assets over time

All Sutter Health plans reported in each filing year

Latest sponsor-wide plan assets
$15.1B 24.368392769155733% vs 2022
2024 filing year
$11B$12B$13B$14B$15B$16B 202220232024 $12.1B $15.1B ▲ +24.4%
Year Plans Participants Total Assets
2022 6 97,740 $12.1B
2023 6 100,618 $13.6B
2024 6 108,498 $15.1B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sutter Health Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Sutter Health Retirement Plan, Total assets ($B): 5.767232685 · Participants: 35712Sutter Health Retirement PlanKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
Sutter Health Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Sutter Health Retirement Plan

Sutter Health Retirement Plan reports $5.8B in end-of-year assets across 35,712 participants (0.047% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.038% of 93,925,755 covered participants) - about $161,493 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2022 was -$945M.

This plan identity (EIN 942788907, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.8B to $6.2B (+6.8%) while covered participants moved from 35,712 to 37,201 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 35,712 $5.8B This page
2023 34,955 $5.9B Open filing
2024 · index core 37,201 $6.2B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Sutter Health Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Steelworkers Pension Trust in PA ($5.9B); by covered participants it is The Boeing Company Employee Retirement Plan in WA (34,972 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (35,712 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sutter Health Retirement Plan assets move in 2022?
Sutter Health Retirement Plan declined sharply - down 15.5% during 2022, from $6.8B to $5.8B. Reported net income was -$945M.
How have Sutter Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Sutter Health's sponsor-wide assets grew 24.4%, from $12.1B to $15.1B.
Where does Sutter Health Retirement Plan rank by assets among Form 5500 filers?
Sutter Health Retirement Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Sutter Health Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Steelworkers Pension Trust in PA ($5.9B, 52,395 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sutter Health Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Boeing Company Employee Retirement Plan in WA (34,972 participants, $17.1B in assets).