Defined Benefit (Pension) · DOL Form 5500 · 2022
Blue Cross Blue Shield of Michigan Pension Plan
Data updated 2026-08-25
- $883M
- Total assets Above avg plan size
- 6,601
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $133,750
- Avg per participant Near avg balance/head
Official DOL plan name: Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance
$883M in assets, 6,601 participants
Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan reported $883M in total assets and 6,601 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.
- #9,037 in Finance & Insurance (9,261 peers)
Coverage in Michigan
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan covers 6,601 participants in Michigan, 10x the typical Michigan plan (state average ~638 per filing). Assets: $883M.
- #9,037
- in Finance & Insurance (9,261 peers)
- -9.7%
- assets change YoY
- 8.9×
- vs typical plan assets (national mean)
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.
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan's outsized position by total assets
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$882,882,820 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Blue Cross Blue Shield of Michigan Employees' Retirement Account 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 Blue Shield of Michigan Employees' Retirement Account Plan lands in the large band (6,601 participants).
EBSA filing schedule strip
Filing strip 382069753 · Blue Cross Blue Shield of Michigan PY 2022 · Defined Benefit (Pension)
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan · $883M · 6,601 · 99th
- EBSA $883M
- EBSA 6,601
- EBSA 99th
- EBSA Defined Benefit (Pension)
- EBSA near Western Connecticut Health Network Pension Plan
- EBSA ind #9037
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 Michigan →
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $978M |
|---|---|
| Net Assets (End of Year) | $883M |
| Net Income | -$95M |
| Employer EIN | 382069753 |
| Plan Effective Date | 1948-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Blue Cross Blue Shield of Michigan)
Sponsor-wide plan assets over time
All Blue Cross Blue Shield of Michigan plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.2B 16.407909383637403% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 15,548 | $2.7B |
| 2023 | 4 | 15,287 | $3.0B |
| 2024 | 4 | 16,052 | $3.2B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Scale composition for Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan reports $883M in end-of-year assets across 6,601 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $133,750 per participant (97% of the national average assets-per-participant) . Net income for plan year 2022 was -$95M.
This plan identity (EIN 382069753, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $883M to $893M (+1.2%) while covered participants moved from 6,601 to 6,733 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,601 | $883M | This page |
| 2023 | 6,430 | $914M | Open filing |
| 2024 · index core | 6,733 | $893M | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Blue Cross Blue Shield of Michigan Employees' Savings Plan (401(k), $1.5B, 6,219 participants)
- Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan (Defined Benefit (Pension), $893M, 6,733 participants)
- Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan (Defined Benefit (Pension), $651M, 1,682 participants)
- Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan (401(k), $118M, 1,418 participants)
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Western Connecticut Health Network Pension Plan in CT ($881M); by covered participants it is Centerpoint Energy Retirement Plan in TX (6,534 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($883M here).
- Western Connecticut Health Network Pension Plan (CT) $881M · 1,657
- Hormel Foods Corporation Pension Plan (MN) $880M · 3,772
- Williams Pension Plan (OK) $879M · 3,868
- Soft Drink and Brewery Workers Union Local 812 Retirement Fund (NY) $879M · 2,237
Similar participant headcount
Nearest other-state filings by covered participants (6,601 participants); asset peers above are excluded.
- Centerpoint Energy Retirement Plan (TX) 6,534 · 67 off
- Valero Energy Corporation Pension Plan (TX) 6,677 · 76 off
- Pentegra Defined Benefit Plan for Financial Inst (NY) 6,691 · 90 off
- Medco Health Solutions, Inc. Cash Balance Retirement Plan (MO) 6,697 · 96 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.