Defined Benefit (Pension) · DOL Form 5500 · 2022

California Physicians Service Dba Blue Shield of California Pension Plan

Data updated 2026-08-25

$528M
Total assets Above avg plan size
3,004
Participants Above avg headcount
98th
Percentile by assets National rank
$175,863
Avg per participant Above avg balance/head
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Official DOL plan name: Blue Shield of California Employees Retirement Plan · Sponsored by California Physicians Service Dba Blue Shield of California · California · Finance & Insurance

$528M in assets, 3,004 participants

California Physicians Service Dba Blue Shield of California's Blue Shield of California Employees Retirement Plan reported $528M in total assets and 3,004 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.

  • #8,920 in Finance & Insurance (9,261 peers)

Coverage in California

Blue Shield of California Employees Retirement Plan covers 3,004 participants in California, 4.8x the typical California plan (state average ~630 per filing). Assets: $528M.

#8,920
in Finance & Insurance (9,261 peers)
-26.3%
assets change YoY
5.3×
vs typical plan assets (national mean)

The plan reported a net loss of $189M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Shield of California Employees Retirement Plan's outsized position by total assets

Blue Shield of California Employees Retirement Plan vs every filed plan by assets

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

$528,292,902 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

Blue Shield of California Employees Retirement Plan'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. Blue Shield of California Employees Retirement Plan lands in the large band (3,004 participants).

Published 5500 schedule card

Filing strip 940360524 · California Physicians Service Dba Blue Shield of California PY 2022 · Defined Benefit (Pension)

Blue Shield of California Employees Retirement Plan · $528M · 3,004 · 98th

  • BOY $528M
  • BOY 3,004
  • BOY 98th
  • BOY Defined Benefit (Pension)
  • BOY near Cwa/Itu Negotiated Pension Plan
  • BOY ind #8920

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 California →

Blue Shield of California Employees Retirement Plan in the asset neighbourhood

Pvh Consolidated Pension Plan$529MAlbert Einstein Medical Center Employees Retirement PlanAlbert Einstein Medical Cent…$529MCwa/Itu Negotiated Pension PlanCwa/Itu Negotiated Pension P…$529MBlue Shield of California Employees Retirement PlanBlue Shield of California Em…$528MElectrical Construction Industry Pension PlanElectrical Construction Indu…$528M
End-of-year total assets ($M) among Blue Shield of California Employees Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$717M
Net Assets (End of Year)$527M
Net Income-$189M
Employer EIN940360524
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (California Physicians Service Dba Blue Shield of California)

Sponsor-wide plan assets over time

All California Physicians Service Dba Blue Shield of California plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 32.467653318004395% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.69B $2.24B ▲ +32.5%
Year Plans Participants Total Assets
2022 2 11,173 $1.7B
2023 2 10,587 $2.0B
2024 2 9,714 $2.2B

Nearby Defined Benefit (Pension) Plans in California

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

Blue Shield of California Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Blue Shield of California Employees Retirement Plan, Total assets ($B): 0.528292902 · Participants: 3004Blue Shield of California Employees Retirement PlanKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
Blue Shield of California Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Blue Shield of California Employees Retirement Plan side-by-side with 3 peers →

Blue Shield of California Employees Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Cwa/Itu Negotiated Pension Plan in NJ ($529M); by covered participants it is Johns Hopkins University Support Staff Pension Plan in MD (3,003 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($528M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,004 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 Blue Shield of California Employees Retirement Plan assets move in 2022? ▼
Blue Shield of California Employees Retirement Plan declined sharply - down 26.3% during 2022, from $717M to $528M. Reported net income was -$189M.
How have California Physicians Service Dba Blue Shield of California plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), California Physicians Service Dba Blue Shield of California's sponsor-wide assets grew 32.5%, from $1.7B to $2.2B.
Where does Blue Shield of California Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Blue Shield of California Employees Retirement Plan 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 Blue Shield of California Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cwa/Itu Negotiated Pension Plan in NJ ($529M, 1,779 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Blue Shield of California Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Johns Hopkins University Support Staff Pension Plan in MD (3,003 participants, $652M 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 940360524.

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.