Defined Benefit (Pension) · DOL Form 5500 · 2022

Independence Blue Cross, LLC Pension Plan

Data updated 2026-08-25

$702M
Total assets Above avg plan size
1,405
Participants Near avg headcount
98th
Percentile by assets National rank
$499,972
Avg per participant High balance/head
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Official DOL plan name: Pension Plan of Independence Blue Cross · Sponsored by Independence Blue Cross, LLC · Pennsylvania · Finance & Insurance

$702M in assets, 1,405 participants

Independence Blue Cross, LLC's Pension Plan of Independence Blue Cross reported $702M in total assets and 1,405 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,990 in Finance & Insurance (9,261 peers)

Where Pension Plan of Independence Blue Cross sits by assets

Pension Plan of Independence Blue Cross sits in the top 5% of all filed plans by assets, $702M for 1,405 participants (~$499,972/participant), down 19.7% in 2022.

#8,990
in Finance & Insurance (9,261 peers)
-19.7%
assets change YoY
7.0×
vs typical plan assets (national mean)

The plan reported a net loss of $172M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan of Independence Blue Cross's outsized position by total assets

Pension Plan of Independence Blue Cross vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$702,461,258 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Pension Plan of Independence Blue Cross's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan of Independence Blue Cross lands in the large band (1,405 participants).

Published 5500 schedule card

Filing strip 463867722 · Independence Blue Cross, LLC PY 2022 · Defined Benefit (Pension)

Pension Plan of Independence Blue Cross · $702M · 1,405 · 98th

  • PART $702M
  • PART 1,405
  • PART 98th
  • PART Defined Benefit (Pension)
  • PART near Trucking Employees of North Jersey Pension Fund
  • PART ind #8990

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Pennsylvania →

Pension Plan of Independence Blue Cross in the asset neighbourhood

Pension Plan of Independence Blue CrossPension Plan of Independence…$702MTrucking Employees of North Jersey Pension FundTrucking Employees of North …$701MHancock Whitney Corporation Pension PlanHancock Whitney Corporation …$701MPainters and Allied Trades District Council No. 35 Pension FundPainters and Allied Trades D…$700MRevised Retirement Plan for Eligible Employees of the New York Stock Exchange & Subsidiary CompaniesRevised Retirement Plan for …$700M
End-of-year total assets ($M) among Pension Plan of Independence Blue Cross and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$874M
Net Assets (End of Year)$702M
Net Income-$172M
Employer EIN463867722
Plan Effective Date1962-10-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Independence Blue Cross, LLC)

Sponsor-wide plan assets over time

All Independence Blue Cross, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 6.226697946567808% vs 2022
2024 filing year
$1.45B$1.5B$1.55B$1.6B$1.65B$1.7B 202220232024 $1.51B $1.61B ▲ +6.6%
Year Plans Participants Total Assets
2022 2 5,263 $1.5B
2023 2 5,347 $1.7B
2024 2 5,530 $1.6B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan of Independence Blue Cross vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Pension Plan of Independence Blue Cross, Total assets ($B): 0.702461258 · Participants: 1405Pension Plan of Independence Blue CrossNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Pension Plan of Independence Blue Cross vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Pension Plan of Independence Blue Cross side-by-side with 3 peers →

Pension Plan of Independence Blue Cross's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Trucking Employees of North Jersey Pension Fund in NJ ($701M); by covered participants it is Liberty Utilities Cash Balance Pension Plan in AZ (1,405 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,405 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pension Plan of Independence Blue Cross assets move in 2022? ▼
Pension Plan of Independence Blue Cross declined sharply - down 19.7% during 2022, from $874M to $702M. Reported net income was -$172M.
How have Independence Blue Cross, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independence Blue Cross, LLC's sponsor-wide assets grew 6.2%, from $1.5B to $1.6B.
Where does Pension Plan of Independence Blue Cross rank by assets among Form 5500 filers? ▼
Pension Plan of Independence Blue Cross ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan of Independence Blue Cross? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Trucking Employees of North Jersey Pension Fund in NJ ($701M, 412 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of Independence Blue Cross? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Liberty Utilities Cash Balance Pension Plan in AZ (1,405 participants, $54M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 463867722.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.