Defined Benefit (Pension) · DOL Form 5500 · 2023

Washington Permanente Medical Group Pension Plan

Data updated 2026-08-25

$120M
Total assets Near avg plan size
1,097
Participants Near avg headcount
92nd
Percentile by assets National rank
$109,690
Avg per participant Below avg balance/head
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Official DOL plan name: Washington Permanente Medical Group Cash Balance Pension Plan · Sponsored by Washington Permanente Medical Group · Washington · Healthcare & Social Assistance

$120M in assets, 1,097 participants

Washington Permanente Medical Group's Washington Permanente Medical Group Cash Balance Pension Plan reported $120M in total assets and 1,097 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,514 in Healthcare & Social Assistance (17,684 peers)

Where Washington Permanente Medical Group Cash Balance Pension Plan sits by assets

Washington Permanente Medical Group Cash Balance Pension Plan sits in the top 10% of all filed plans by assets, $120M for 1,097 participants (~$109,690/participant), up 22.4% in 2023.

#16,514
in Healthcare & Social Assistance (17,684 peers)
+22.4%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Washington Permanente Medical Group Cash Balance Pension Plan's outsized position by total assets

Washington Permanente Medical Group Cash Balance Pension Plan vs every filed plan by assets

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

$120,329,622 Top 8% higher than 92% 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

Washington Permanente Medical Group Cash Balance Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Washington Permanente Medical Group Cash Balance Pension Plan lands in the large band (1,097 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Washington Permanente Medical Group Cash Balance Pension Plan reported net income rose from $4M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Washington Permanente Medical Group Cash Balance Pension Plan end-of-year assets rose from $98M in the plan year 2022 filing to $120M in the plan year 2023 filing.
  • Washington Permanente Medical Group Cash Balance Pension Plan reported participants fell from 1,121 in the plan year 2022 filing to 1,097 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 911841629 · Washington Permanente Medical Group PY 2023 · Defined Benefit (Pension)

Washington Permanente Medical Group Cash Balance Pension Plan · $120M · 1,097 · 92nd

  • RANK $120M
  • RANK 1,097
  • RANK 92nd
  • RANK Defined Benefit (Pension)
  • RANK near Community Memorial Hospital Retirement Plan
  • RANK ind #16514

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 Washington →

Washington Permanente Medical Group Cash Balance Pension Plan in the asset neighbourhood

Teamsters Local Union No. 115 Pension PlanTeamsters Local Union No. 11…$121MTower International Pension PlanTower International Pension …$120MIBEW Local 531 & NECA Pension PlanIBEW Local 531 & NECA Pensio…$120MWashington Permanente Medical Group Cash Balance Pension PlanWashington Permanente Medica…$120MCommunity Memorial Hospital Retirement PlanCommunity Memorial Hospital …$120M
End-of-year total assets ($M) among Washington Permanente Medical Group Cash Balance Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$98M
Net Assets (End of Year)$120M
Net Income$22M
Employer EIN911841629
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Washington Permanente Medical Group)

Sponsor-wide plan assets over time

All Washington Permanente Medical Group plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 29.484678819353178% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B 202220232024 $1.24B $1.61B ▲ +29.8%
Year Plans Participants Total Assets
2022 2 2,853 $1.2B
2023 2 2,868 $1.4B
2024 2 2,835 $1.6B

Nearby Defined Benefit (Pension) Plans in Washington

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

Washington Permanente Medical Group Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -20020406080 Total assets ($B) Participants Washington Permanente Medical Group Cash Balance Pension Plan, Total assets ($B): 0.120329622 · Participants: 1097Washington Permanente Medical Group Cash Balance Pension PlanWestern Conference of Teamsters Pension Plan, Total assets ($B): 57.387332732 · Participants: 229511Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.042153263 · Participants: 31566The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 16.333139549 · Participants: 32477The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 3.287308621 · Participants: 15892Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 3.066446219 · Participants: 8339Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
Washington Permanente Medical Group Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Washington Permanente Medical Group Cash Balance Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is Community Memorial Hospital Retirement Plan in WI ($120M); by covered participants it is Redstone Federal Credit Union Defined Benefit Plan in AL (1,097 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($120M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,097 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 Washington Permanente Medical Group Cash Balance Pension Plan assets move in 2023?
Washington Permanente Medical Group Cash Balance Pension Plan grew sharply - up 22.4% during 2023, from $98M to $120M. Reported net income was $22M.
How have Washington Permanente Medical Group plan assets changed over time?
Across 3 plan years on file (2022-2024), Washington Permanente Medical Group's sponsor-wide assets grew 29.5%, from $1.2B to $1.6B.
Where does Washington Permanente Medical Group Cash Balance Pension Plan rank by assets among Form 5500 filers?
Washington Permanente Medical Group Cash Balance Pension Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Washington Permanente Medical Group Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Community Memorial Hospital Retirement Plan in WI ($120M, 316 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Washington Permanente Medical Group Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Redstone Federal Credit Union Defined Benefit Plan in AL (1,097 participants, $156M in assets).