Plan Ledger DOL Form 5500 · updated monthly

The Permanente Federation, LLC401(k)

THE PERMANENTE 401(K) RETIREMENT PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

The Permanente Federation, LLC reported $15,946 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,916 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.017% to 0.021%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,201st-largest of 9,483 plans among California employers on file, and the 1,295th of 11,911 in health care & social assistance. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$79,665,253
Participants with balances235
Active participants152
Employer contributions$1,659,242
Employee contributions$1,852,673
Employer contribution per active participant$10,916
Average account balance$339,001
Benefits paid to participants$6,558,024
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$79.7M · 235 accts · $1.7M emplr
2023$73.7M · 239 accts · $1.7M emplr
2022$64.0M · 242 accts · $1.7M emplr
The The Permanente Federation, LLC 401(k) match · 2024
Employer contribution per active participant$10,916
Median for plans this size$3,635
2024$10,916 per active participant
2023$11,469 per active participant
2022$10,939 per active participant

The Permanente Federation, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$2,405
VANGUARD ADVISERS INC. · Investment advisory (participants)$13,842

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,946 · 0.02%
2023$12,928 · 0.02%
2022$11,886 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · California
Falck USA, Inc. CA$82.2M · 0.24%
Marina Del Rey Hospital CA$76.3M · 0.18%
Pipeline Health System, LLC CA$75.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522017558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.