Defined Benefit (Pension) · DOL Form 5500 · 2022

Blue Cross Blue Shield of Massachusetts, Inc. Pension Plan

Data updated 2026-08-11

$911M
Total assets
3,181
Participants
99th
Percentile by assets
$286,275
Avg per participant
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Official DOL plan name: Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust · Sponsored by Blue Cross Blue Shield of Massachusetts, Inc. · Massachusetts · Finance & Insurance

$911M in assets, 3,181 participants

Blue Cross Blue Shield of Massachusetts, Inc.'s Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust reported $911M in total assets and 3,181 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.

  • 99th percentile by assets (of 139,126 plans)
  • #9,044 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust covers 3,181 participants in Massachusetts, 4.8x the typical Massachusetts plan (state average ~659 per filing). Assets: $911M.

$911M
total plan assets (2022 EOY)
3,181
covered participants
99th
percentile by assets (of 139,126 plans)
$286,275
avg assets per participant

The plan reported a net loss of $345M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust reports 3,181 participants - 4.8x that state average ($911M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$909M
Net Income-$345M
Employer EIN041045815
Plan Effective Date1944-12-15
Filing StatusFILING RECEIVED

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

$1.7B$1.8B$1.9B$2B$2.1B$2.2B 202220232024 $1.79B $2.08B ▲ +16.2%
Total plan assets by year, all Blue Cross Blue Shield of Massachusetts, Inc. plans on file
Year Plans Participants Total Assets
2022 2 6,992 $1.8B
2023 2 6,927 $2.0B
2024 2 7,064 $2.1B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0200004000060000 0246810 Total assets ($B) Participants Blue Cross and Blue …Consolidated Cash Ba…Liberty Mutual Retir…Massachusetts Instit…N. Atlantic States C…N. Atlantic States C…
Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust by total assets, not by location.

Frequently Asked Questions

How did Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust assets move in 2022?
Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust declined sharply - down 27.6% during 2022, from $1.3B to $911M. Reported net income was -$345M.
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. Retirement Income Trust rank by assets among Form 5500 filers?
Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust 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 Defined Benefit (Pension) plans are similar in size to Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Duquesne Light Company Defined Benefit Retirement Plan in PA ($909M, 396 participants).

Next read for Blue Cross and Blue Shield of Massachuse…

Filing takeaways

Ways to act on Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust's numbers.

  • By total assets, Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
  • Blue Cross Blue Shield of Massachusetts, Inc.'s sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Finance & Insurance plans