401(k) · DOL Form 5500 · 2024
Southern California Permanente Medical Group 401(k) Plan
Data updated 2026-08-06
- $6.5B
- Total assets
- 18,392
- Participants
- 100th
- Percentile by assets
- $355,364
- Avg per participant
Official DOL plan name: The 401(k) Plan for Permanente Medical Groups · Sponsored by Southern California Permanente Medical Group · California · Healthcare & Social Assistance
$6.5B in assets, 18,392 participants
Southern California Permanente Medical Group's The 401(k) Plan for Permanente Medical Groups reported $6.5B in total assets and 18,392 participants in its 2024 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 116,472 plans)
- #15,590 in Healthcare & Social Assistance (15,613 peers)
Coverage in California
The 401(k) Plan for Permanente Medical Groups covers 18,392 participants in California, 29x the typical California plan (state average ~637 per filing). Assets: $6.5B.
- $6.5B
- total plan assets (2024 EOY)
- 18,392
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $355,364
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The 401(k) Plan for Permanente Medical Groups end-of-year assets rose from $5.6B in the plan year 2023 filing to $6.5B in the plan year 2024 filing.
- The 401(k) Plan for Permanente Medical Groups reported participants rose from 17,083 in the plan year 2023 filing to 18,392 in the plan year 2024 filing.
- The 401(k) Plan for Permanente Medical Groups reported net income fell from $932M in the plan year 2023 filing to $908M in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. The 401(k) Plan for Permanente Medical Groups reports 18,392 participants - 29x that state average ($6.5B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $5.6B |
|---|---|
| Net Assets (End of Year) | $6.5B |
| Net Income | $908M |
| Employer EIN | 951750445 |
| Plan Effective Date | 1956-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern California Permanente Medical Group)
| 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.
The 401(k) Plan for Permanente Medical Groups vs. nearby 401(k) plans in California, assets vs. participants
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Scale composition for The 401(k) Plan for Permanente Medical Groups
The 401(k) Plan for Permanente Medical Groups reports $6.5B in end-of-year assets across 18,392 participants (0.056% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.020% of 89,805,449 covered participants) - about $355,364 per participant (2.6x the national average assets-per-participant) . Net income for plan year 2024 was $908M.
This plan identity (EIN 951750445, plan #009) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.7B to $6.5B (+39.2%) while covered participants moved from 17,255 to 18,392 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 17,255 | $4.7B | Open filing |
| 2023 | 17,083 | $5.6B | Open filing |
| 2024 · index core | 18,392 | $6.5B | This page |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Kaiser Permanente Retirement Plan for Scpmg (Defined Benefit (Pension), $8.4B, 50,341 participants)
- Scpmg Keogh Plan (Profit Sharing, $7.9B, 10,749 participants)
- Kaiser Permanente Supplemental Savings and Retirement Plan for Scpmg (Money Purchase, $899M, 6,452 participants)
- Southern California Permanente Medical Group Tax Savings Retirement Plan (401(k), $407M, 9,017 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The 401(k) Plan for Permanente Medical Groups by total assets, not by location.
- State Street Salary Savings Program (MA) $6.5B · 12,777
- Providence Health & Services 403(b) Value Plan (WA) $6.5B · 52,776
- Enterprise Holdings Retirement Savings Plan (MO) $6.5B · 72,024
- Motorola Solutions 401(k) Plan (IL) $6.5B · 9,780
Frequently Asked Questions
How did The 401(k) Plan for Permanente Medical Groups assets move in 2024? ▼
How have Southern California Permanente Medical Group plan assets changed over time? ▼
Where does The 401(k) Plan for Permanente Medical Groups rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The 401(k) Plan for Permanente Medical Groups? ▼
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Filing takeaways
Ways to act on The 401(k) Plan for Permanente Medical Groups's numbers.
- By total assets, The 401(k) Plan for Permanente Medical Groups ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Southern California Permanente Medical Group's sponsor-wide assets have grown 38.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans