Defined Benefit (Pension) · DOL Form 5500 · 2023
The Permanente Medical Group, Inc. Pension Plan
Data updated 2026-08-25
- $5.5B
- Total assets Very large vs avg
- 37,245
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $146,870
- Avg per participant Above avg balance/head
Official DOL plan name: Kaiser Permanente Employees Pension Plan · Sponsored by The Permanente Medical Group, Inc. · California · Healthcare & Social Assistance
$5.5B in assets, 37,245 participants
The Permanente Medical Group, Inc.'s Kaiser Permanente Employees Pension Plan reported $5.5B in total assets and 37,245 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.
- #17,656 in Healthcare & Social Assistance (17,684 peers)
Coverage in California
Kaiser Permanente Employees Pension Plan covers 37,245 participants in California, 59x the typical California plan (state average ~630 per filing). Assets: $5.5B.
- #17,656
- in Healthcare & Social Assistance (17,684 peers)
- +6.4%
- assets growth YoY
- 55×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$5,470,191,648 Highest reported value at or above every one 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
Kaiser Permanente Employees Pension 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 Employees Pension Plan is a mega filing (37,245 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Kaiser Permanente Employees Pension Plan reported net income rose from -$926M in the plan year 2022 filing to $217M in the plan year 2023 filing.
- Kaiser Permanente Employees Pension Plan end-of-year assets rose from $5.1B in the plan year 2022 filing to $5.5B in the plan year 2023 filing.
- Kaiser Permanente Employees Pension Plan reported participants rose from 36,089 in the plan year 2022 filing to 37,245 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 942728480 · The Permanente Medical Group, Inc. PY 2023 · Defined Benefit (Pension)
Kaiser Permanente Employees Pension Plan · $5.5B · 37,245 · 100th
- EBSA $5.5B
- PART 37,245
- TYPE 100th
- NET Defined Benefit (Pension)
- BOOK near Ufcw Consolidated Pension Fund
- VS-ST ind #17656
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) | $5.1B |
|---|---|
| Net Assets (End of Year) | $5.5B |
| Net Income | $217M |
| 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 $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 Kaiser Permanente Employees Pension Plan
Kaiser Permanente Employees Pension Plan reports $5.5B in end-of-year assets across 37,245 participants (0.044% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.040% of 93,925,755 covered participants) - about $146,870 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $217M.
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 | Open filing |
| 2023 | 37,245 | $5.5B | This page |
| 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 Ufcw Consolidated Pension Fund in GA ($5.5B); by covered participants it is Liberty Mutual Retirement Benefit Plan in MA (37,145 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.5B here).
- Ufcw Consolidated Pension Fund (GA) $5.5B · 191,597
- New York State Nurses Association Pension Plan (NY) $5.5B · 19,697
- Bp Retirement Accumulation Plan (TX) $5.5B · 9,360
- Retirement Plan for Employees of Aetna Inc. (CT) $5.4B · 10,546
Similar participant headcount
Nearest other-state filings by covered participants (37,245 participants); asset peers above are excluded.
- Liberty Mutual Retirement Benefit Plan (MA) 37,145 · 100 off
- Retirement Plan of Johnson and Johnson (NJ) 37,749 · 504 off
- Rocky Mountain Ufcw Unions and Employers Retail and Meat Pension Plan (CO) 39,434 · 2,189 off
- 1199seiu Home Care Employees Pension Fund (NY) 34,420 · 2,825 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.