Kaiser Permanente Washington Defined Benefit Plan

Kaiser Permanente Washington Defined Benefit Plan

The plan was established in 1945 to serve employees of Group Health Cooperative, which later became part of Kaiser Permanente's Washington operations. It remains administered under Kaiser Permanente structures for the regional workforce. Investment holdings span public equities such as Microsoft, Apple, and Amazon alongside private equity exposure through Actis Energy 4 LP and Actis funds. Real estate assets include multiple Washington State medical facilities and administrative sites held directly by Kaiser Foundation Health Plan of Washington. Geographic focus centers on the United States with limited global private equity commitments. Thomas Lurquin and Janice Murphy oversee pensions and investments. The plan uses State Street Retiree Services as custodian and maintains relationships with Vanguard and T. Rowe Price. No operational events from the last 24 months appear in available records. The plan functions as an internal employee benefit vehicle rather than an external allocator, with investment decisions aligned to actuarial requirements of the sponsoring health organization.