Defined Benefit (Pension) · DOL Form 5500 · 2022
The Permanente Medical Group, Inc. Pension Plan
Data updated 2026-08-25
- $5.1B
- Total assets Very large vs avg
- 36,089
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $142,497
- Avg per participant Near avg balance/head
Official DOL plan name: Kaiser Permanente Employees Pension Plan · Sponsored by The Permanente Medical Group, Inc. · California · Healthcare & Social Assistance
$5.1B in assets, 36,089 participants
The Permanente Medical Group, Inc.'s Kaiser Permanente Employees Pension Plan reported $5.1B in total assets and 36,089 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.
- #20,037 in Healthcare & Social Assistance (20,060 peers)
Coverage in California
Kaiser Permanente Employees Pension Plan covers 36,089 participants in California, 57x the typical California plan (state average ~630 per filing). Assets: $5.1B.
- #20,037
- in Healthcare & Social Assistance (20,060 peers)
- -15.3%
- assets change YoY
- 52×
- vs typical plan assets (national mean)
The plan reported a net loss of $926M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Kaiser Permanente Employees Pension Plan's outsized position by total assets
Kaiser Permanente Employees Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$5,142,569,070 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
Kaiser Permanente Employees Pension 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. Kaiser Permanente Employees Pension Plan is a mega filing (36,089 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 942728480 · The Permanente Medical Group, Inc. PY 2022 · Defined Benefit (Pension)
Kaiser Permanente Employees Pension Plan · $5.1B · 36,089 · 100th
- TYPE $5.1B
- NET 36,089
- BOOK 100th
- VS-ST Defined Benefit (Pension)
- BOY near New York State Nurses Association Pension Plan
- SCH ind #20037
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 →
Kaiser Permanente Employees Pension Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $6.1B |
|---|---|
| Net Assets (End of Year) | $5.1B |
| Net Income | -$926M |
| Employer EIN | 942728480 |
| Plan Effective Date | 1964-04-04 |
| 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
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.4B · 19,326
- Disney Salaried Pension Plan D $9.2B · 11,405
- Wells Fargo & Company Cash Balance Plan $8.8B · 59,141
Scale composition for Kaiser Permanente Employees Pension Plan
Kaiser Permanente Employees Pension Plan reports $5.1B in end-of-year assets across 36,089 participants (0.042% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.038% of 93,925,755 covered participants) - about $142,497 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2022 was -$926M.
This plan identity (EIN 942728480, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.1B to $5.6B (+9.6%) while covered participants moved from 36,089 to 40,879 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 36,089 | $5.1B | This page |
| 2023 | 37,245 | $5.5B | Open filing |
| 2024 · index core | 40,879 | $5.6B | 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)
Kaiser Permanente Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside California, the nearest Defined Benefit (Pension) by assets is New York State Nurses Association Pension Plan in NY ($5.0B); 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 ($5.1B here).
- New York State Nurses Association Pension Plan (NY) $5.0B · 18,592
- Nationwide Retirement Plan (OH) $5.0B · 22,597
- Massachusetts Institute of Technology Basic Retirement Plan (MA) $5.3B · 11,835
- Textron Master Retirement Plan (RI) $5.0B · 7,702
Similar participant headcount
Nearest other-state filings by covered participants (36,089 participants); asset peers above are excluded.
- The Boeing Company Employee Retirement Plan (WA) 34,972 · 1,117 off
- Fedex Freight, Inc. Pension Plan (TN) 34,623 · 1,466 off
- Truist Financial Corporation Pension Plan (NC) 37,931 · 1,842 off
- Retirement Plan of Johnson and Johnson (NJ) 38,100 · 2,011 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.