Defined Benefit (Pension) · DOL Form 5500 · 2024
Southern California Permanente Medical Group Pension Plan
Data updated 2026-08-25
- $8.4B
- Total assets Very large vs avg
- 50,341
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $166,543
- Avg per participant Above avg balance/head
Official DOL plan name: Kaiser Permanente Retirement Plan for Scpmg · Sponsored by Southern California Permanente Medical Group · California · Healthcare & Social Assistance
$8.4B in assets, 50,341 participants
Southern California Permanente Medical Group's Kaiser Permanente Retirement Plan for Scpmg reported $8.4B in total assets and 50,341 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.
- #16,898 in Healthcare & Social Assistance (16,916 peers)
Coverage in California
Kaiser Permanente Retirement Plan for Scpmg covers 50,341 participants in California, 80x the typical California plan (state average ~630 per filing). Assets: $8.4B.
- #16,898
- in Healthcare & Social Assistance (16,916 peers)
- +9.3%
- assets growth YoY
- 84×
- vs typical plan assets (national mean)
Kaiser Permanente Retirement Plan for Scpmg's outsized position by total assets
Kaiser Permanente Retirement Plan for Scpmg vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$8,383,954,935 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
Kaiser Permanente Retirement Plan for Scpmg'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. Kaiser Permanente Retirement Plan for Scpmg is a mega filing (50,341 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Kaiser Permanente Retirement Plan for Scpmg reported net income rose from $76M in the plan year 2023 filing to $712M in the plan year 2024 filing.
- Kaiser Permanente Retirement Plan for Scpmg end-of-year assets rose from $7.7B in the plan year 2023 filing to $8.4B in the plan year 2024 filing.
- Kaiser Permanente Retirement Plan for Scpmg reported participants rose from 47,418 in the plan year 2023 filing to 50,341 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 951750445 · Southern California Permanente Medical Group PY 2024 · Defined Benefit (Pension)
Kaiser Permanente Retirement Plan for Scpmg · $8.4B · 50,341 · 100th
- SCH $8.4B
- SCH 50,341
- SCH 100th
- SCH Defined Benefit (Pension)
- SCH near Ng Space&mission Systems Corp Salaried Pension Pla
- SCH ind #16898
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 Retirement Plan for Scpmg in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $7.7B |
|---|---|
| Net Assets (End of Year) | $8.4B |
| Net Income | $712M |
| Employer EIN | 951750445 |
| Plan Effective Date | 1958-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern California Permanente Medical Group)
Sponsor-wide plan assets over time
All Southern California Permanente Medical Group plans reported in each filing year
- Latest sponsor-wide plan assets
- $26.2B 38.68158466521406% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 81,226 | $18.9B |
| 2023 | 5 | 83,002 | $20.9B |
| 2024 | 7 | 116,967 | $26.2B |
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 $34.5B · 135,057
- Pacific Gas and Electric Company Retirement Plan $17.6B · 27,500
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $11.4B · 18,983
- Western States Carpenters Pension Plan $11.3B · 48,582
- Ilwu-Pma Pension Plan $10.8B · 15,833
Scale composition for Kaiser Permanente Retirement Plan for Scpmg
Kaiser Permanente Retirement Plan for Scpmg reports $8.4B in end-of-year assets across 50,341 participants (0.068% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.054% of 93,925,755 covered participants) - about $166,543 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2024 was $712M.
This plan identity (EIN 951750445, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.6B to $8.4B (+10.4%) while covered participants moved from 45,962 to 50,341 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 45,962 | $7.6B | Open filing |
| 2023 | 47,418 | $7.7B | Open filing |
| 2024 · index core | 50,341 | $8.4B | This page |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Scpmg Keogh Plan (Profit Sharing, $7.9B, 10,749 participants)
- The 401(k) Plan for Permanente Medical Groups (401(k), $6.5B, 18,392 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)
Kaiser Permanente Retirement Plan for Scpmg's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside California, the nearest Defined Benefit (Pension) by assets is Ng Space&mission Systems Corp Salaried Pension Pla in VA ($8.4B); by covered participants it is Ernst & Young Defined Benefit Retirement Plan in NJ (48,793 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8.4B here).
- Ng Space&mission Systems Corp Salaried Pension Pla (VA) $8.4B · 6,737
- Dominion Energy Pension Plan (VA) $8.3B · 11,758
- Wells Fargo & Company Cash Balance Plan (MN) $8.3B · 46,875
- Retirement Plan of International Paper Company (TN) $8.2B · 20,795
Similar participant headcount
Nearest other-state filings by covered participants (50,341 participants); asset peers above are excluded.
- Ernst & Young Defined Benefit Retirement Plan (NJ) 48,793 · 1,548 off
- IBM Personal Pension Plan (NY) 48,014 · 2,327 off
- Building Service 32bj Pension Fund (NY) 53,357 · 3,016 off
- The Bank of America Pension Plan (RI) 53,831 · 3,490 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.