401(k) · DOL Form 5500 · 2022

Blue Cross Blue Shield of Alabama 401(k) Plan

Data updated 2026-08-11

$626M
Total assets
4,087
Participants
98th
Percentile by assets
$153,122
Avg per participant
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Official DOL plan name: Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan · Sponsored by Blue Cross Blue Shield of Alabama · Alabama · Finance & Insurance

$626M in assets, 4,087 participants

Blue Cross Blue Shield of Alabama's Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan reported $626M in total assets and 4,087 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,956 in Finance & Insurance (9,261 peers)

Coverage in Alabama

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan covers 4,087 participants in Alabama, 11x the typical Alabama plan (state average ~360 per filing). Assets: $626M.

$626M
total plan assets (2022 EOY)
4,087
covered participants
98th
percentile by assets (of 139,126 plans)
$153,122
avg assets per participant

The plan reported a net loss of $146M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan reports 4,087 participants - 11x that state average ($626M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$749M
Net Assets (End of Year)$626M
Net Income-$146M
Employer EIN630103830
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Alabama)

$1.2B$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.28B $1.59B ▲ +24.2%
Total plan assets by year, all Blue Cross Blue Shield of Alabama plans on file
Year Plans Participants Total Assets
2022 2 6,241 $1.3B
2023 2 6,026 $1.5B
2024 2 6,246 $1.6B

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 0.511.522.53 Total assets ($B) Participants Blue Cross and Blue …Regions Financial Co…Encompass Health Cor…Hexagon Employee Ret…Vulcan 401(k) PlanMercedes-Benz U.S. I…
Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan by total assets, not by location.

Frequently Asked Questions

How did Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan assets move in 2022?
Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan declined sharply - down 16.4% during 2022, from $749M to $626M. Reported net income was -$146M.
How have Blue Cross Blue Shield of Alabama plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Alabama's sponsor-wide assets grew 24.3%, from $1.3B to $1.6B.
Where does Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan rank by assets among Form 5500 filers?
Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral 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 401(k) plans are similar in size to Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan?
Among 401(k) plans in other states, the closest by assets is Homeservices Retirement Savings Plan in MN ($626M, 4,485 participants).

Next read for Blue Cross and Blue Shield of Al 401(k) …

Filing takeaways

Ways to act on Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan's numbers.

  • By total assets, Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
  • Blue Cross Blue Shield of Alabama's sponsor-wide assets have grown 24.3% since 2022 across 3 plan years on file. More Finance & Insurance plans