Defined Benefit (Pension) · DOL Form 5500 · 2022
Blue Cross Blue Shield of Michigan Pension Plan
Data updated 2026-08-11
- $883M
- Total assets
- 6,601
- Participants
- 99th
- Percentile by assets
- $133,750
- Avg per participant
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.
- 99th percentile by assets (of 139,126 plans)
- #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.
- $883M
- total plan assets (2022 EOY)
- 6,601
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $133,750
- avg assets per participant
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.
Where Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan sits 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
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan reports 6,601 participants - 10x that state average ($883M EOY assets).
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)
| 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.
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan assets move in 2022? ▼
How have Blue Cross Blue Shield of Michigan plan assets changed over time? ▼
Where does Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan? ▼
Next read for Blue Cross Blue Shield of Michigan Emplo…
Filing takeaways
Ways to act on Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan's numbers.
- By total assets, Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan 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 Michigan. Compare plans
- Blue Cross Blue Shield of Michigan's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Finance & Insurance plans