401(k) · DOL Form 5500 · 2024

Southern California Permanente Medical Group 401(k) Plan

Data updated 2026-08-06

$407M
Total assets
9,017
Participants
97th
Percentile by assets
$45,179
Avg per participant
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Official DOL plan name: Southern California Permanente Medical Group Tax Savings Retirement Plan · Sponsored by Southern California Permanente Medical Group · California · Healthcare & Social Assistance

$407M in assets, 9,017 participants

Southern California Permanente Medical Group's Southern California Permanente Medical Group Tax Savings Retirement Plan reported $407M in total assets and 9,017 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)
  • #15,103 in Healthcare & Social Assistance (15,613 peers)

Coverage in California

Southern California Permanente Medical Group Tax Savings Retirement Plan covers 9,017 participants in California, 14x the typical California plan (state average ~637 per filing). Assets: $407M.

$407M
total plan assets (2024 EOY)
9,017
covered participants
97th
percentile by assets (of 116,472 plans)
$45,179
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern California Permanente Medical Group Tax Savings Retirement Plan reported participants rose from 2,303 in the plan year 2023 filing to 9,017 in the plan year 2024 filing.
  • Southern California Permanente Medical Group Tax Savings Retirement Plan reported net income rose from $66M in the plan year 2023 filing to $138M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Southern California Permanente Medical Group Tax Savings Retirement Plan reports 9,017 participants - 14x that state average ($407M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$407M
Net Income$138M
Employer EIN951750445
Plan Effective Date1983-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern California Permanente Medical Group)

$15B$20B$25B$30B 202220232024 $18.9B $26.2B ▲ +38.7%
Total plan assets by year, all Southern California Permanente Medical Group plans on file
Year Plans Participants Total Assets
2022 5 81,226 $18.9B
2023 5 83,002 $20.9B
2024 7 116,967 $26.2B

Nearby 401(k) Plans in California

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

Southern California Permanente Medical Group Tax Savings Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Southern California Permanente Medical Group Tax Savings Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -200204060 Total assets ($B) Participants Southern California …Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Southern California Permanente Medical Group Tax Savings Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Southern California Permanente Medical Group Tax Savings Retirement Plan

Southern California Permanente Medical Group Tax Savings Retirement Plan reports $407M in end-of-year assets across 9,017 participants (0.003% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $45,179 per participant (33% of the national average assets-per-participant) . Net income for plan year 2024 was $138M.

This plan identity (EIN 951750445, plan #002) has 5 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $338M to $407M (+20.5%) while covered participants moved from 2,204 to 9,017 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 2,204 $338M Open filing
2023 2,303 N/A Open filing
2024 12,922 $965M Open filing
2024 9,094 $1.2B Open filing
2024 · index core 9,017 $407M This page

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southern California Permanente Medical Group Tax Savings Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Southern California Permanente Medical Group Tax Savings Retirement Plan assets move in 2024?
Southern California Permanente Medical Group Tax Savings Retirement Plan contracted severely - down 65.4% during 2024, from $1.2B to $407M. Reported net income was $138M.
How have Southern California Permanente Medical Group plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern California Permanente Medical Group's sponsor-wide assets grew 38.7%, from $18.9B to $26.2B.
Where does Southern California Permanente Medical Group Tax Savings Retirement Plan rank by assets among Form 5500 filers?
Southern California Permanente Medical Group Tax Savings Retirement Plan ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Southern California Permanente Medical Group Tax Savings Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Standard Chartered Bank Employees Capital Accumulation Plan in NJ ($407M, 1,164 participants).

Next read for Southern California Permanente Medical G…

Filing takeaways

Ways to act on Southern California Permanente Medical Group Tax Savings Retirement Plan's numbers.