Defined Benefit (Pension) · DOL Form 5500 · 2022

Blue Cross Blue Shield of Michigan Pension Plan

Data updated 2026-08-11

$656M
Total assets
1,612
Participants
98th
Percentile by assets
$407,171
Avg per participant
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Official DOL plan name: Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

$656M in assets, 1,612 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reported $656M in total assets and 1,612 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,966 in Finance & Insurance (9,261 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan covers 1,612 participants in Michigan, 2.5x the typical Michigan plan (state average ~638 per filing). Assets: $656M.

$656M
total plan assets (2022 EOY)
1,612
covered participants
98th
percentile by assets (of 139,126 plans)
$407,171
avg assets per participant

The plan reported a net loss of $92M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reports 1,612 participants - 2.5x that state average ($656M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$749M
Net Assets (End of Year)$656M
Net Income-$92M
Employer EIN382069753
Plan Effective Date1948-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.73B $3.18B ▲ +16.5%
Total plan assets by year, all Blue Cross Blue Shield of Michigan plans on file
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 Represented Employees' Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Blue Cross Blue Shie…General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan assets move in 2022?
Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan pulled back noticeably - down 12.3% during 2022, from $749M to $656M. Reported net income was -$92M.
How have Blue Cross Blue Shield of Michigan plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Michigan's sponsor-wide assets grew 16.4%, from $2.7B to $3.2B.
Where does Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan rank by assets among Form 5500 filers?
Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Blue Cross and Blue Shield of Alabama Retirement Plan in AL ($655M, 2,154 participants).

Next read for Blue Cross Blue Shield of Michigan Repre…

Filing takeaways

Ways to act on Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan's numbers.

  • By total assets, Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan ranks in the top 5% of all filed plans by assets. 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