Defined Benefit (Pension) · DOL Form 5500 · 2023

Kaiser Foundation Health Plan, Inc. Pension Plan

Data updated 2026-08-25

$33.5B
Total assets Mega-plan scale
127,356
Participants Very large workforce
100th
Percentile by assets National rank
$263,347
Avg per participant High balance/head
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Official DOL plan name: Kaiser Permanente Retirement Plan · Sponsored by Kaiser Foundation Health Plan, Inc. · California · Healthcare & Social Assistance

$33.5B in assets, 127,356 participants

Kaiser Foundation Health Plan, Inc.'s Kaiser Permanente Retirement Plan reported $33.5B in total assets and 127,356 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.

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

Coverage in California

Kaiser Permanente Retirement Plan covers 127,356 participants in California, 202x the typical California plan (state average ~630 per filing). Assets: $33.5B.

#17,684
in Healthcare & Social Assistance (17,684 peers)
+5.3%
assets growth YoY
337×
vs typical plan assets (national mean)

Kaiser Permanente Retirement Plan's outsized position by total assets

Kaiser Permanente Retirement Plan vs every filed plan by assets

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

$33,538,817,099 Highest reported value at or above every one 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

Kaiser Permanente Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kaiser Permanente Retirement Plan is a mega filing (127,356 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kaiser Permanente Retirement Plan reported net income rose from -$6.2B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
  • Kaiser Permanente Retirement Plan end-of-year assets rose from $31.9B in the plan year 2022 filing to $33.5B in the plan year 2023 filing.
  • Kaiser Permanente Retirement Plan reported participants rose from 126,331 in the plan year 2022 filing to 127,356 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 941340523 · Kaiser Foundation Health Plan, Inc. PY 2023 · Defined Benefit (Pension)

Kaiser Permanente Retirement Plan · $33.5B · 127,356 · 100th

  • BOOK $33.5B
  • VS-ST 127,356
  • BOY 100th
  • SCH Defined Benefit (Pension)
  • EBSA near State Farm Insurance Companies Retirement Plan for United States Employees
  • PART ind #17684

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 Retirement Plan in the asset neighbourhood

State Farm Insurance Companies Retirement Plan for United States EmployeesState Farm Insurance Compani…$35.2BKaiser Permanente Retirement PlanKaiser Permanente Retirement…$33.5BAT&T Pension Benefit Plan$30.0BFedex Corporation Employees' Pension PlanFedex Corporation Employees'…$26.6BThe Pension Value Plan for Employees of the Boeing CompanyThe Pension Value Plan for E…$25.0B
End-of-year total assets ($B) among Kaiser Permanente Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$31.9B
Net Assets (End of Year)$33.5B
Net Income$1.7B
Employer EIN941340523
Plan Effective Date1958-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kaiser Foundation Health Plan, Inc.)

Sponsor-wide plan assets over time

All Kaiser Foundation Health Plan, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$80.8B 29.65500360890928% vs 2022
2024 filing year
$60B$70B$80B$90B 202220232024 $62.4B $80.8B ▲ +29.7%
Year Plans Participants Total Assets
2022 8 377,906 $62.3B
2023 8 386,094 $71.4B
2024 9 451,784 $80.8B

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 vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Kaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan DIlwu-Pma Pension Plan, Total assets ($B): 9.710883559 · Participants: 16365Ilwu-Pma Pension Plan
Kaiser Permanente Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Kaiser Permanente Retirement Plan

Kaiser Permanente Retirement Plan reports $33.5B in end-of-year assets across 127,356 participants (0.27% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.14% of 93,925,755 covered participants) - about $263,347 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2023 was $1.7B.

This plan identity (EIN 941340523, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $31.9B to $34.5B (+8.2%) while covered participants moved from 126,331 to 135,057 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 126,331 $31.9B Open filing
2023 127,356 $33.5B This page
2024 · index core 135,057 $34.5B Open filing

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

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

Outside California, the nearest Defined Benefit (Pension) by assets is State Farm Insurance Companies Retirement Plan for United States Employees in IL ($35.2B); by covered participants it is 1199seiu Health Care Employees Pension Fund in NY (107,582 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (127,356 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 Kaiser Permanente Retirement Plan assets move in 2023?
Kaiser Permanente Retirement Plan grew at a solid clip - up 5.3% during 2023, from $31.9B to $33.5B. Reported net income was $1.7B.
How have Kaiser Foundation Health Plan, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kaiser Foundation Health Plan, Inc.'s sponsor-wide assets grew 29.7%, from $62.3B to $80.8B.
Where does Kaiser Permanente Retirement Plan rank by assets among Form 5500 filers?
Kaiser Permanente Retirement Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Kaiser Permanente Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is State Farm Insurance Companies Retirement Plan for United States Employees in IL ($35.2B, 45,001 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Kaiser Permanente Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is 1199seiu Health Care Employees Pension Fund in NY (107,582 participants, $16.2B in assets).