Money Purchase · DOL Form 5500 · 2024
The Permanente Medical Group, Inc. Money Purchase Plan
Data updated 2026-08-06
- $7.9B
- Total assets
- 18,550
- Participants
- 100th
- Percentile by assets
- $426,062
- Avg per participant
Official DOL plan name: The Permanente Contribution Plan of the Permanente Medical Group, Inc. · Sponsored by The Permanente Medical Group, Inc. · California · Healthcare & Social Assistance
$7.9B in assets, 18,550 participants
The Permanente Medical Group, Inc.'s The Permanente Contribution Plan of the Permanente Medical Group, Inc. reported $7.9B in total assets and 18,550 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)
- #15,596 in Healthcare & Social Assistance (15,613 peers)
Coverage in California
The Permanente Contribution Plan of the Permanente Medical Group, Inc. covers 18,550 participants in California, 29x the typical California plan (state average ~637 per filing). Assets: $7.9B.
- $7.9B
- total plan assets (2024 EOY)
- 18,550
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $426,062
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. reported net income fell from $1.1B in the plan year 2023 filing to $938M in the plan year 2024 filing.
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. end-of-year assets rose from $7.0B in the plan year 2023 filing to $7.9B in the plan year 2024 filing.
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. reported participants rose from 18,060 in the plan year 2023 filing to 18,550 in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. The Permanente Contribution Plan of the Permanente Medical Group, Inc. reports 18,550 participants - 29x that state average ($7.9B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $7.0B |
|---|---|
| Net Assets (End of Year) | $7.9B |
| Net Income | $938M |
| Employer EIN | 942728480 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Permanente Medical Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 6 | 92,233 | $28.7B |
| 2023 | 6 | 96,363 | $32.1B |
| 2024 | 6 | 100,822 | $35.2B |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
The Permanente Contribution Plan of the Permanente Medical Group, Inc. vs. nearby Money Purchase plans in California, assets vs. participants
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
- Scripps Health Retirement Savings Plan $1.3B · 16,148
- Kaiser Permanente Supplemental Savings and Retirement Plan for Scpmg $899M · 6,452
Scale composition for The Permanente Contribution Plan of the Permanente Medical Group, Inc.
The Permanente Contribution Plan of the Permanente Medical Group, Inc. reports $7.9B in end-of-year assets across 18,550 participants (0.068% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.021% of 89,805,449 covered participants) - about $426,062 per participant (3.1x the national average assets-per-participant) . Net income for plan year 2024 was $938M.
This plan identity (EIN 942728480, plan #040) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.9B to $7.9B (+34.4%) while covered participants moved from 17,035 to 18,550 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 17,035 | $5.9B | Open filing |
| 2023 | 18,060 | $7.0B | Open filing |
| 2024 · index core | 18,550 | $7.9B | This page |
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)
- Kaiser Permanente Employees Pension Plan (Defined Benefit (Pension), $5.6B, 40,879 participants)
- The Permanente Medical Group, Inc. Salary Deferral Retirement Plan (401(k), $205M, 384 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to The Permanente Contribution Plan of the Permanente Medical Group, Inc. by total assets, not by location.
- Tiaa Retirement Plan (NY) $5.9B · 11,906
- Young Men's Christian Association Retirement Fund Retirement Plan (NY) $3.9B · 47,199
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a (MD) $3.0B · 8,190
- The Mitre Corporation Qualified Retirement Plan (VA) $2.8B · 12,228
Frequently Asked Questions
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Filing takeaways
Ways to act on The Permanente Contribution Plan of the Permanente Medical Group, Inc.'s numbers.
- By total assets, The Permanente Contribution Plan of the Permanente Medical Group, Inc. ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- The Permanente Medical Group, Inc.'s sponsor-wide assets have grown 22.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans