Plan Snapshot
- Plan Sponsor: The Permanente Medical Group, INC.
- Sponsor EIN: 942728480
- Sponsor Address: 5820 OWENS DRIVE, BUILDING E, PLEASANTON, CA, 94588
- Plan Type: DC
- Total Participants: 21,762
- Total Assets: $9.9B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 21,762 | $9.9B | $0 | $454.7M |
| 2023 | 21,699 | $8.5B | $0 | $426.1M |
| 2022 | 20,280 | $7.0B | $0 | $404.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,653,230 | $1,944,246 | — | — | — |
| 2023 | $1,794,466 | $1,835,624 | — | — | — |
| 2022 | $2,207,125 | $2,120,823 | — | — | $86,302 |