401(k) · DOL Form 5500 · 2023

The Permanente Federation, LLC 401(k) Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
152
Participants Small participant base
89th
Percentile by assets National rank
$484,852
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Permanente 401(k) Retirement Plan · Sponsored by The Permanente Federation, LLC · California · Healthcare & Social Assistance

$74M in assets, 152 participants

The Permanente Federation, LLC's The Permanente 401(k) Retirement Plan reported $74M in total assets and 152 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #16,021 in Healthcare & Social Assistance (17,684 peers)

Coverage in California

The Permanente 401(k) Retirement Plan covers 152 participants in California, about 24% of the average California filer (state average ~630 per filing). Assets: $74M.

#16,021
in Healthcare & Social Assistance (17,684 peers)
+15.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The Permanente 401(k) Retirement Plan's outsized position by total assets

The Permanente 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$73,697,494 Top 11% higher than 89% of 127,068 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 2023

The Permanente 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Permanente 401(k) Retirement Plan sits mid-pack in the medium band (152 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Permanente 401(k) Retirement Plan reported net income rose from -$13M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • The Permanente 401(k) Retirement Plan end-of-year assets rose from $64M in the plan year 2022 filing to $74M in the plan year 2023 filing.
  • The Permanente 401(k) Retirement Plan reported participants rose from 148 in the plan year 2022 filing to 152 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 522017558 · The Permanente Federation, LLC PY 2023 · 401(k)

The Permanente 401(k) Retirement Plan · $74M · 152 · 89th

  • PART $74M
  • TYPE 152
  • NET 89th
  • BOOK 401(k)
  • VS-ST near Cambridge Bancorp Savings Investment Plan
  • BOY ind #16021

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 401(k) Retirement Plan in the asset neighbourhood

The Permanente 401(k) Retirement PlanThe Permanente 401(k) Retire…$74MCambridge Bancorp Savings Investment PlanCambridge Bancorp Savings In…$74MThe Restated Thrift/Profit Sharing Plan for CooperativesThe Restated Thrift/Profit S…$74MSutherland Lumber Company Employee Savings PlanSutherland Lumber Company Em…$74MThe Fort Miller Group Incentive Savings PlanThe Fort Miller Group Incent…$74M
End-of-year total assets ($M) among The Permanente 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$74M
Net Income$10M
Employer EIN522017558
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Permanente Federation, LLC)

Sponsor-wide plan assets over time

All The Permanente Federation, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$140M 19.98587426231965% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $116M $140M ▲ +20.0%
Year Plans Participants Total Assets
2022 2 285 $116M
2023 2 275 $130M
2024 2 277 $140M

Nearby 401(k) Plans in California

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

The Permanente 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants The Permanente 401(k) Retirement Plan, Total assets ($B): 0.073697494 · Participants: 152The Permanente 401(k) Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
The Permanente 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare The Permanente 401(k) Retirement Plan side-by-side with 3 peers →

The Permanente 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Cambridge Bancorp Savings Investment Plan in MA ($74M); by covered participants it is Rapid Financial Services, LLC 401(k) Retirement Plan in MD (152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (152 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Permanente 401(k) Retirement Plan assets move in 2023? ▼
The Permanente 401(k) Retirement Plan grew sharply - up 15.2% during 2023, from $64M to $74M. Reported net income was $10M.
How have The Permanente Federation, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Permanente Federation, LLC's sponsor-wide assets grew 20.0%, from $116M to $140M.
Where does The Permanente 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
The Permanente 401(k) Retirement Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Permanente 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cambridge Bancorp Savings Investment Plan in MA ($74M, 453 participants).
Which 401(k) plans cover a similar participant headcount to The Permanente 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rapid Financial Services, LLC 401(k) Retirement Plan in MD (152 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 522017558.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.