401(k) · DOL Form 5500 · 2022

Blue Cross Blue Shield of Massachusetts, Inc. 401(k) Plan

Data updated 2026-08-25

$876M
Total assets Above avg plan size
3,811
Participants Above avg headcount
99th
Percentile by assets National rank
$229,955
Avg per participant Above avg balance/head
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Official DOL plan name: Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan · Sponsored by Blue Cross Blue Shield of Massachusetts, Inc. · Massachusetts · Finance & Insurance

$876M in assets, 3,811 participants

Blue Cross Blue Shield of Massachusetts, Inc.'s Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan reported $876M in total assets and 3,811 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,036 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan covers 3,811 participants in Massachusetts, 5.8x the typical Massachusetts plan (state average ~659 per filing). Assets: $876M.

#9,036
in Finance & Insurance (9,261 peers)
-20.4%
assets change YoY
8.8×
vs typical plan assets (national mean)

The plan reported a net loss of $225M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan's outsized position by total assets

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan vs every filed plan by assets

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

$876,358,210 Top 1% higher than 99% 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 Cross and Blue Shield of Massachusetts, Inc. Employee Savings 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 Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan lands in the large band (3,811 participants).

DOL schedule card

Filing strip 041045815 · Blue Cross Blue Shield of Massachusetts, Inc. PY 2022 · 401(k)

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan · $876M · 3,811 · 99th

  • ASSETS $876M
  • ASSETS 3,811
  • ASSETS 99th
  • ASSETS 401(k)
  • ASSETS near Nv Energy 401(k) Plan
  • ASSETS ind #9036

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 Massachusetts →

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan in the asset neighbourhood

Howmet Aerospace Salaried Retirement Savings PlanHowmet Aerospace Salaried Re…$878MThoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary CompaniesThoroughbred Retirement Inve…$877MNv Energy 401(k) Plan$877MBlue Cross and Blue Shield of Massachusetts, Inc. Employee Savings PlanBlue Cross and Blue Shield o…$876MCuna Mutual 401(k) Plan for Non-Represented EmployeesCuna Mutual 401(k) Plan for …$875M
End-of-year total assets ($M) among Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$876M
Net Income-$225M
Employer EIN041045815
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Massachusetts, Inc.)

Sponsor-wide plan assets over time

All Blue Cross Blue Shield of Massachusetts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 16.187976712569725% vs 2022
2024 filing year
$1.7B$1.8B$1.9B$2B$2.1B$2.2B 202220232024 $1.79B $2.08B ▲ +16.2%
Year Plans Participants Total Assets
2022 2 6,992 $1.8B
2023 2 6,927 $2.0B
2024 2 7,064 $2.1B

Nearby 401(k) Plans in Massachusetts

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

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -50510152025 Total assets ($B) Participants Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan, Total assets ($B): 0.87635821 · Participants: 3811Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan side-by-side with 3 peers →

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Nv Energy 401(k) Plan in NV ($877M); by covered participants it is Tk Elevator Retirement Savings Plan in GA (3,810 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,811 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 Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan assets move in 2022? ▼
Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan declined sharply - down 20.4% during 2022, from $1.1B to $876M. Reported net income was -$225M.
How have Blue Cross Blue Shield of Massachusetts, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Massachusetts, Inc.'s sponsor-wide assets grew 16.2%, from $1.8B to $2.1B.
Where does Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan rank by assets among Form 5500 filers? ▼
Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nv Energy 401(k) Plan in NV ($877M, 2,308 participants).
Which 401(k) plans cover a similar participant headcount to Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tk Elevator Retirement Savings Plan in GA (3,810 participants, $524M 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 041045815.

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.