Defined Benefit (Pension) · DOL Form 5500 · 2024

The Permanente Medical Group, Inc. Pension Plan

Data updated 2026-08-25

$5.6B
Total assets Very large vs avg
40,879
Participants Very large workforce
100th
Percentile by assets National rank
$137,843
Avg per participant Near avg balance/head
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Official DOL plan name: Kaiser Permanente Employees Pension Plan · Sponsored by The Permanente Medical Group, Inc. · California · Healthcare & Social Assistance

$5.6B in assets, 40,879 participants

The Permanente Medical Group, Inc.'s Kaiser Permanente Employees Pension Plan reported $5.6B in total assets and 40,879 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.

  • #16,887 in Healthcare & Social Assistance (16,916 peers)

Coverage in California

Kaiser Permanente Employees Pension Plan covers 40,879 participants in California, 65x the typical California plan (state average ~630 per filing). Assets: $5.6B.

#16,887
in Healthcare & Social Assistance (16,916 peers)
+3.0%
assets growth YoY
57×
vs typical plan assets (national mean)

Kaiser Permanente Employees Pension Plan's outsized position by total assets

Kaiser Permanente Employees Pension Plan vs every filed plan by assets

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

$5,634,874,759 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 Employees Pension 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 Employees Pension Plan is a mega filing (40,879 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kaiser Permanente Employees Pension Plan reported net income fell from $217M in the plan year 2023 filing to $159M in the plan year 2024 filing.
  • Kaiser Permanente Employees Pension Plan reported participants rose from 37,245 in the plan year 2023 filing to 40,879 in the plan year 2024 filing.
  • Kaiser Permanente Employees Pension Plan end-of-year assets rose from $5.5B in the plan year 2023 filing to $5.6B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 942728480 · The Permanente Medical Group, Inc. PY 2024 · Defined Benefit (Pension)

Kaiser Permanente Employees Pension Plan · $5.6B · 40,879 · 100th

  • NET $5.6B
  • BOOK 40,879
  • VS-ST 100th
  • BOY Defined Benefit (Pension)
  • SCH near Ufcw Consolidated Pension Fund
  • EBSA ind #16887

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 Employees Pension Plan in the asset neighbourhood

Verizon Pension Plan for AssociatesVerizon Pension Plan for Ass…$5.7BUfcw Consolidated Pension FundUfcw Consolidated Pension Fu…$5.6BKaiser Permanente Employees Pension PlanKaiser Permanente Employees …$5.6BTriad Defined Benefit Pension PlanTriad Defined Benefit Pensio…$5.6BThe PNC Financial Services Group, Inc. Pension PlanThe PNC Financial Services G…$5.5B
End-of-year total assets ($B) among Kaiser Permanente Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$5.5B
Net Assets (End of Year)$5.6B
Net Income$159M
Employer EIN942728480
Plan Effective Date1964-04-04
Filing StatusFILING 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
$28B$30B$32B$34B$36B 202220232024 $28.7B $35.2B ▲ +22.8%
Year Plans Participants Total Assets
2022 6 92,233 $28.7B
2023 6 96,363 $32.1B
2024 6 100,822 $35.2B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Kaiser Permanente Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Kaiser Permanente Employees Pension Plan, Total assets ($B): 5.634874759 · Participants: 40879Kaiser Permanente Employees Pension PlanKaiser 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 Plan
Kaiser Permanente Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Kaiser Permanente Employees Pension Plan side-by-side with 3 peers →

Scale composition for Kaiser Permanente Employees Pension Plan

Kaiser Permanente Employees Pension Plan reports $5.6B in end-of-year assets across 40,879 participants (0.046% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.044% of 93,925,755 covered participants) - about $137,843 per participant (100% of the national average assets-per-participant) . Net income for plan year 2024 was $159M.

This plan identity (EIN 942728480, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.1B to $5.6B (+9.6%) while covered participants moved from 36,089 to 40,879 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 36,089 $5.1B Open filing
2023 37,245 $5.5B Open filing
2024 · index core 40,879 $5.6B This page

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

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

Outside California, the nearest Defined Benefit (Pension) by assets is Ufcw Consolidated Pension Fund in GA ($5.6B); by covered participants it is The Adjustable Plan of the Unite Here Retirement in NY (41,173 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (40,879 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 Employees Pension Plan assets move in 2024? ▼
Kaiser Permanente Employees Pension Plan edged up modestly - up 3.0% during 2024, from $5.5B to $5.6B. Reported net income was $159M.
How have The Permanente Medical Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Permanente Medical Group, Inc.'s sponsor-wide assets grew 22.8%, from $28.7B to $35.2B.
Where does Kaiser Permanente Employees Pension Plan rank by assets among Form 5500 filers? ▼
Kaiser Permanente Employees Pension 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 Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ufcw Consolidated Pension Fund in GA ($5.6B, 184,887 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Kaiser Permanente Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Adjustable Plan of the Unite Here Retirement in NY (41,173 participants, $450M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 942728480.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.