Defined Benefit (Pension) · DOL Form 5500 · 2023
Sutter Health Pension Plan
Data updated 2026-08-11
- $5.9B
- Total assets
- 34,955
- Participants
- 100th
- Percentile by assets
- $169,283
- Avg per participant
Official DOL plan name: Sutter Health Retirement Plan · Sponsored by Sutter Health · California · Healthcare & Social Assistance
$5.9B in assets, 34,955 participants
Sutter Health's Sutter Health Retirement Plan reported $5.9B in total assets and 34,955 participants in its 2023 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.
- 100th percentile by assets (of 127,072 plans)
- #17,660 in Healthcare & Social Assistance (17,684 peers)
Coverage in California
Sutter Health Retirement Plan covers 34,955 participants in California, 55x the typical California plan (state average ~630 per filing). Assets: $5.9B.
- $5.9B
- total plan assets (2023 EOY)
- 34,955
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $169,283
- avg assets per participant
Where Sutter Health Retirement Plan sits by total assets
Sutter Health Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$5,917,272,044 Top 1% higher than 100% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sutter Health Retirement Plan reported net income rose from -$945M in the plan year 2022 filing to $181M in the plan year 2023 filing.
- Sutter Health Retirement Plan end-of-year assets rose from $5.8B in the plan year 2022 filing to $5.9B in the plan year 2023 filing.
- Sutter Health Retirement Plan reported participants fell from 35,712 in the plan year 2022 filing to 34,955 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Sutter Health Retirement Plan reports 34,955 participants - 55x that state average ($5.9B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $5.8B |
|---|---|
| Net Assets (End of Year) | $5.7B |
| Net Income | $181M |
| Employer EIN | 942788907 |
| Plan Effective Date | 1959-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sutter Health)
| 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
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
Scale composition for Sutter Health Retirement Plan
Sutter Health Retirement Plan reports $5.9B in end-of-year assets across 34,955 participants (0.048% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.037% of 93,925,755 covered participants) - about $169,283 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $181M.
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 | Open filing |
| 2023 | 34,955 | $5.9B | This page |
| 2024 · index core | 37,201 | $6.2B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Sutter Health 403(b) Savings Plan (Other, $7.6B, 54,954 participants)
- Sutter Health Retirement Plan (Defined Benefit (Pension), $6.2B, 37,201 participants)
- Sutter Health Retirement Income Plan (Profit Sharing, $865M, 12,414 participants)
- Sutter Health 401(k) Savings Plan (401(k), $180M, 2,714 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sutter Health Retirement Plan by total assets, not by location.
- Eversource Pension Plan (CT) $5.9B · 3,717
- Midwest Operating Engineers Pension Trust Fund (IL) $5.8B · 12,949
- Ntess Retirement Income Plan (NM) $6.1B · 3,544
- Triad Defined Benefit Pension Plan (NM) $5.7B · 2,214
Frequently Asked Questions
How did Sutter Health Retirement Plan assets move in 2023? ▼
How have Sutter Health plan assets changed over time? ▼
Where does Sutter Health Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Sutter Health Retirement Plan? ▼
Next read for Sutter Health Retirement Plan
Filing takeaways
Ways to act on Sutter Health Retirement Plan's numbers.
- By total assets, Sutter Health Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Sutter Health's sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans