Palo Alto Foundation Medical Group, Inc. 401(k) Plan: Login, Facts & Contact Information

Palo Alto Foundation Medical Group, Inc. 401(k) Plan Facts

Plan name
PALO ALTO FOUNDATION MEDICAL GROUP, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PALO ALTO FOUNDATION MEDICAL GROUP, INC.
Participants
2,393 (2,064 active employees)
Former employees with a balance
463
Plan assets
$2,277,297,925 at Dec 31, 2024
Average account balance
$943,762 across 2,413 accounts
Employer contributions
$46,315,448 in plan year 2024 (46% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2008
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $100.8 million went into the plan in contributions, $46.3 million of it from the employer (46%).
  • $78.2 million was paid out to participants.
  • Investment and other income added $288.1 million.
  • Administrative expenses were $600, about $0 per account.

How the Palo Alto Foundation Medical Group, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,356$1.36 billion$33.8 million$29.8 million
20201,401$1.57 billion$31.0 million$42.2 million
20211,459$2.01 billion$35.5 million$33.9 million
20222,273$1.67 billion$40.6 million$104.2 million
20232,287$1.97 billion$43.0 million$87.6 million
20242,393$2.28 billion$46.3 million$78.2 million

Palo Alto Foundation Medical Group, Inc. 401(k) Contact Information

Phone
650-691-6422
Mailing address
PO BOX 1900, MOUNTAIN VIEW CA 94042
Plan sponsor
PALO ALTO FOUNDATION MEDICAL GROUP, INC.
Employer identification number (EIN)
51-0656809
Plan number
001

Questions about the Palo Alto Foundation Medical Group, Inc. 401(k)

Does Palo Alto Foundation Medical Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $46.3 million, 46% of all contributions.

Does the Palo Alto Foundation Medical Group, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Palo Alto Foundation Medical Group, Inc 401(k) plan?

2,393 participants at the start of plan year 2024, 2,064 of them active employees, and 463 former employees who still had money in the plan.

What is the average 401(k) balance at Palo Alto Foundation Medical Group, Inc?

About $943,762 per account: $2.28 billion in plan assets across 2,413 accounts with a balance at the end of plan year 2024.

Who manages the Palo Alto Foundation Medical Group, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Palo Alto Foundation Medical Group, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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