Overview

Plan Rating

BrightScope Rating
86
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (25)
Average in Peer Group (69)
Highest in Peer Group (93)

Plan Description

The Permanente Medical Group, Inc. Salary Deferral Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. The Permanente Medical Group, Inc. Salary Deferral Plan currently has over 24,800 active participants and over $6.0B in plan assets.

Did you know?

For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (86) and the top rated plan (93) could equate to:
8
Additional years of work
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1800 Harrison St. 7th Floor
  • Location
    Oakland , CA
  • 94612-5103
  • Industry
    Offices of Physicians, Mental Health Specialists
  • Administrator
    Joanne Arneal
  • Net Plan Assets
    $6,010,000,000
  • Total Participants
    25,000
  • Avg Account Balance
    $250,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

26

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
BlackRock, Inc. Blackrock Lifepath Index 29%
N/A
BlackRock US Equity Market Fund 15%
N/A
Russell Fixed Income I 10%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Financial Engines
Recordkeeper
Fidelity
Investment Adviser
Gemmer Asset Management
Investment Adviser
Ewg Elevate Inc.
Investment Adviser
Capital Advantage Inc
Administration
Capital Advantage Inc
Consultant
Capital Advantage Inc
Investment Adviser
1919 Investment Counsel, LLC
Investment Adviser
UCP
Investment Adviser
Eagle West
Investment Adviser
We Alliance Wealth Advisors, Inc
Auditor
BDO Seidman, LLP

Articles and Questions

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