Other
2022 plan-year Other DOL Form 5500

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

What the 2023 filing shows

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan holds $883M for 6,601 participants — about $133,750 per participant, down 9.7% over the 2022 plan year.

$883M
total plan assets (2022 EOY)
6,601
covered participants
$133,750
avg assets per participant
-9.7%
assets change YoY

The plan reported a net loss of $95M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$883M
Participants
6,601
State
Industry
Finance & Insurance

What the Filing Says About Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan is a Other retirement plan sponsored by Blue Cross Blue Shield of Michigan, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $883M in total end-of-year assets and covers 6,601 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 382069753, and the plan has been effective since 1948-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $978M at the beginning of 2022 to $883M at year-end — a decline of 9.7%. Net assets (after liabilities) closed the year at $883M, with reported net income of $-95,076,803 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$978M
Total Assets (End of Year)$883M
Net Assets (End of Year)$883M
Net Income$-95,076,803
Plan TypeOther
Employer EIN382069753
Plan Effective Date1948-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

Year Plans Participants Total Assets
2022 4 15,548 $2.7B
2023 4 15,287 $3.0B
2024 4 16,052 $3.2B

Nearby Other Plans in Michigan

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan?
As of the 2022 Form 5500 filing, Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan holds $883M in total assets with 6,601 participants. It is sponsored by Blue Cross Blue Shield of Michigan.
What type of plan is Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan?
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan is a Other plan. It has been effective since 1948-07-01. The plan is filed with the U.S. Department of Labor under EIN 382069753.
Who sponsors the Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan?
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan is sponsored by Blue Cross Blue Shield of Michigan, located in Michigan. The sponsor's EIN is 382069753 and the plan operates in the Finance & Insurance industry.
How did Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan perform in 2022?
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan declined by 9.7% during 2022, moving from $978M to $883M in total assets. Net income was $-95,076,803.
Where can I find official filings for Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan?
Official Form 5500 filings for Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 382069753 or plan name at efast.dol.gov.
How does Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan compare to other plans?
You can compare Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan against other Other plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 382069753.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.