Money Purchase · DOL Form 5500 · 2024
The Permanente Medical Group, Inc. Money Purchase Plan
Data updated 2026-08-25
- $7.9B
- Total assets Very large vs avg
- 18,550
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $426,062
- Avg per participant High balance/head
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.
- #16,897 in Healthcare & Social Assistance (16,916 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 ~630 per filing). Assets: $7.9B.
- #16,897
- in Healthcare & Social Assistance (16,916 peers)
- +13.5%
- assets growth YoY
- 79×
- vs typical plan assets (national mean)
The Permanente Contribution Plan of the Permanente Medical Group, Inc.'s outsized position by total assets
The Permanente Contribution Plan of the Permanente Medical Group, Inc. vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$7,903,445,624 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Permanente Contribution Plan of the Permanente Medical Group, Inc.'s mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Permanente Contribution Plan of the Permanente Medical Group, Inc. is a mega filing (18,550 participants), the rightmost band on the breakdown.
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.
Form 5500 schedule snapshot
Filing strip 942728480 · The Permanente Medical Group, Inc. PY 2024 · Money Purchase
The Permanente Contribution Plan of the Permanente Medical Group, Inc. · $7.9B · 18,550 · 100th
- IND $7.9B
- EOY 18,550
- 5500 100th
- ASSETS Money Purchase
- PCT near Tiaa Retirement Plan
- EIN ind #16897
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 →
The Permanente Contribution Plan of the Permanente Medical Group, Inc. in the asset neighbourhood
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.)
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 Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
- Laborers Annuity Plan for Northern California $1.6B · 29,331
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 (0.064% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 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)
The Permanente Contribution Plan of the Permanente Medical Group, Inc.'s out-of-state Money Purchase peers by assets and headcount
Outside California, the nearest Money Purchase by assets is Tiaa Retirement Plan in NY ($5.9B); by covered participants it is Michigan Regional Council of Carpenters' Annuity Fund in MI (17,855 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.9B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (18,550 participants); asset peers above are excluded.
- Michigan Regional Council of Carpenters' Annuity Fund (MI) 17,855 · 695 off
- Itpeu Pension Fund (NJ) 15,782 · 2,768 off
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan (NY) 15,274 · 3,276 off
- Harvard University Defined Contribution Retirement Plan (MA) 14,571 · 3,979 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.