401(k) · DOL Form 5500 · 2022

Blue Cross and Blue Shield of Nebraska 401(k) Plan

Data updated 2026-08-11

$162M
Total assets
1,138
Participants
95th
Percentile by assets
$142,568
Avg per participant
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Official DOL plan name: Tax-Favored Savings Program · Sponsored by Blue Cross and Blue Shield of Nebraska · Nebraska · Finance & Insurance

$162M in assets, 1,138 participants

Blue Cross and Blue Shield of Nebraska's Tax-Favored Savings Program reported $162M in total assets and 1,138 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #8,474 in Finance & Insurance (9,261 peers)

Coverage in Nebraska

Tax-Favored Savings Program covers 1,138 participants in Nebraska, 2.1x the typical Nebraska plan (state average ~552 per filing). Assets: $162M.

$162M
total plan assets (2022 EOY)
1,138
covered participants
95th
percentile by assets (of 139,126 plans)
$142,568
avg assets per participant

The plan reported a net loss of $33M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Nebraska filers

In Nebraska, the average filing covers about 552 participants across 778 plans. Tax-Favored Savings Program reports 1,138 participants - 2.1x that state average ($162M EOY assets).

Nebraska filing particulars

Total Assets (Beginning of Year)$195M
Net Assets (End of Year)$162M
Net Income-$33M
Employer EIN470095156
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield of Nebraska)

$200M$220M$240M$260M$280M 202220232024 $210M $257M ▲ +22.5%
Total plan assets by year, all Blue Cross and Blue Shield of Nebraska plans on file
Year Plans Participants Total Assets
2022 2 1,268 $210M
2023 2 1,260 $241M
2024 2 1,278 $257M

Nearby 401(k) Plans in Nebraska

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

Tax-Favored Savings Program vs. nearby 401(k) plans in Nebraska, assets vs. participants

Tax-Favored Savings Program vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Tax-Favored Savings …Hdr, Inc. Best Plan …Union Pacific Corpor…Union Pacific Agreem…Peter Kiewit Sons, I…First National of Ne…
Tax-Favored Savings Program vs. nearby 401(k) plans in Nebraska, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tax-Favored Savings Program by total assets, not by location.

Frequently Asked Questions

How did Tax-Favored Savings Program assets move in 2022?
Tax-Favored Savings Program declined sharply - down 16.7% during 2022, from $195M to $162M. Reported net income was -$33M.
How have Blue Cross and Blue Shield of Nebraska plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of Nebraska's sponsor-wide assets grew 22.5%, from $210M to $257M.
Where does Tax-Favored Savings Program rank by assets among Form 5500 filers?
Tax-Favored Savings Program ranks in the 95th 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 Tax-Favored Savings Program?
Among 401(k) plans in other states, the closest by assets is International Brotherhood of Electrical Workers Local Union No. 99 Annuity Plan in RI ($162M, 1,020 participants).

Filing takeaways

Ways to act on Tax-Favored Savings Program's numbers.