Defined Benefit (Pension) · DOL Form 5500 · 2024

Kaiser Foundation Health Plan, Inc. Pension Plan

Data updated 2026-08-25

$34.5B
Total assets Mega-plan scale
135,057
Participants Very large workforce
100th
Percentile by assets National rank
$255,094
Avg per participant Above avg balance/head
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Official DOL plan name: Kaiser Permanente Retirement Plan · Sponsored by Kaiser Foundation Health Plan, Inc. · California · Healthcare & Social Assistance

$34.5B in assets, 135,057 participants

Kaiser Foundation Health Plan, Inc.'s Kaiser Permanente Retirement Plan reported $34.5B in total assets and 135,057 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.

  • #16,916 in Healthcare & Social Assistance (16,916 peers)

Coverage in California

Kaiser Permanente Retirement Plan covers 135,057 participants in California, 214x the typical California plan (state average ~630 per filing). Assets: $34.5B.

#16,916
in Healthcare & Social Assistance (16,916 peers)
+2.7%
assets growth YoY
346×
vs typical plan assets (national mean)

Kaiser Permanente Retirement Plan's outsized position by total assets

Kaiser Permanente Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$34,452,234,723 Highest reported value at or above every one of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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'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 is a mega filing (135,057 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kaiser Permanente Retirement Plan reported net income fell from $1.7B in the plan year 2023 filing to $899M in the plan year 2024 filing.
  • Kaiser Permanente Retirement Plan reported participants rose from 127,356 in the plan year 2023 filing to 135,057 in the plan year 2024 filing.
  • Kaiser Permanente Retirement Plan end-of-year assets rose from $33.5B in the plan year 2023 filing to $34.5B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 941340523 · Kaiser Foundation Health Plan, Inc. PY 2024 · Defined Benefit (Pension)

Kaiser Permanente Retirement Plan · $34.5B · 135,057 · 100th

  • BOY $34.5B
  • BOY 135,057
  • BOY 100th
  • BOY Defined Benefit (Pension)
  • BOY near State Farm Insurance Companies Retirement Plan for United States Employees
  • BOY ind #16916

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 in the asset neighbourhood

Rtx Consolidated Pension Plan$41.6BState Farm Insurance Companies Retirement Plan for United States EmployeesState Farm Insurance Compani…$37.7BKaiser Permanente Retirement PlanKaiser Permanente Retirement…$34.5BAT&T Pension Benefit Plan$28.3BCentral Pension Fund of the Iuoe & Participating EmployersCentral Pension Fund of the …$27.4B
End-of-year total assets ($B) among Kaiser Permanente Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$33.5B
Net Assets (End of Year)$34.4B
Net Income$899M
Employer EIN941340523
Plan Effective Date1958-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kaiser Foundation Health Plan, Inc.)

Sponsor-wide plan assets over time

All Kaiser Foundation Health Plan, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$80.8B 29.65500360890928% vs 2022
2024 filing year
$60B$70B$80B$90B 202220232024 $62.4B $80.8B ▲ +29.7%
Year Plans Participants Total Assets
2022 8 377,906 $62.3B
2023 8 386,094 $71.4B
2024 9 451,784 $80.8B

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 vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Kaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanIlwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension PlanDisney Salaried Pension Plan D, Total assets ($B): 10.42670627 · Participants: 9984Disney Salaried Pension Plan D
Kaiser Permanente Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Kaiser Permanente Retirement Plan

Kaiser Permanente Retirement Plan reports $34.5B in end-of-year assets across 135,057 participants (0.28% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.14% of 93,925,755 covered participants) - about $255,094 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2024 was $899M.

This plan identity (EIN 941340523, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $31.9B to $34.5B (+8.2%) while covered participants moved from 126,331 to 135,057 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 126,331 $31.9B Open filing
2023 127,356 $33.5B Open filing
2024 · index core 135,057 $34.5B This page

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

Kaiser Permanente Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is State Farm Insurance Companies Retirement Plan for United States Employees in IL ($37.7B); by covered participants it is UPS Pension Plan in GA (157,587 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (135,057 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kaiser Permanente Retirement Plan assets move in 2024?
Kaiser Permanente Retirement Plan edged up modestly - up 2.7% during 2024, from $33.5B to $34.5B. Reported net income was $899M.
How have Kaiser Foundation Health Plan, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kaiser Foundation Health Plan, Inc.'s sponsor-wide assets grew 29.7%, from $62.3B to $80.8B.
Where does Kaiser Permanente Retirement Plan rank by assets among Form 5500 filers?
Kaiser Permanente Retirement Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Kaiser Permanente Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is State Farm Insurance Companies Retirement Plan for United States Employees in IL ($37.7B, 41,619 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Kaiser Permanente Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is UPS Pension Plan in GA (157,587 participants, $9.3B in assets).