401(k) · DOL Form 5500 · 2022
Blue Cross Blue Shield of Michigan 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 5,845
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $186,887
- Avg per participant Above avg balance/head
Official DOL plan name: Blue Cross Blue Shield of Michigan Employees' Savings Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance
$1.1B in assets, 5,845 participants
Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Employees' Savings Plan reported $1.1B in total assets and 5,845 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.
- #9,076 in Finance & Insurance (9,261 peers)
Coverage in Michigan
Blue Cross Blue Shield of Michigan Employees' Savings Plan covers 5,845 participants in Michigan, 9.2x the typical Michigan plan (state average ~638 per filing). Assets: $1.1B.
- #9,076
- in Finance & Insurance (9,261 peers)
- -17.6%
- assets change YoY
- 11×
- vs typical plan assets (national mean)
The plan reported a net loss of $238M 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' Savings Plan's outsized position by total assets
Blue Cross Blue Shield of Michigan Employees' Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,092,357,210 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' Savings 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' Savings Plan lands in the large band (5,845 participants).
EBSA filing schedule strip
Filing strip 382069753 · Blue Cross Blue Shield of Michigan PY 2022 · 401(k)
Blue Cross Blue Shield of Michigan Employees' Savings Plan · $1.1B · 5,845 · 99th
- SCH $1.1B
- SCH 5,845
- SCH 99th
- SCH 401(k)
- SCH near Olin Corporation Contributing Employee Ownership Plan
- SCH ind #9076
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' Savings Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$238M |
| Employer EIN | 382069753 |
| Plan Effective Date | 1983-07-01 |
| 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 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Scale composition for Blue Cross Blue Shield of Michigan Employees' Savings Plan
Blue Cross Blue Shield of Michigan Employees' Savings Plan reports $1.1B in end-of-year assets across 5,845 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $186,887 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$238M.
This plan identity (EIN 382069753, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+39.3%) while covered participants moved from 5,845 to 6,219 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,845 | $1.1B | This page |
| 2023 | 6,006 | $1.3B | Open filing |
| 2024 · index core | 6,219 | $1.5B | 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' Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Olin Corporation Contributing Employee Ownership Plan in MO ($1.1B); by covered participants it is Pinnacle West Capital Corporation Savings Plan in AZ (5,844 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Olin Corporation Contributing Employee Ownership Plan (MO) $1.1B · 6,684
- Blue Cross and Blue Shield of North Carolina 401(k) Plan (NC) $1.1B · 5,029
- Savings Program for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy Facilities at Oak Ridge, Tennessee (TN) $1.1B · 5,711
- Gibson, Dunn & Crutcher LLP Retirement Plan (CA) $1.1B · 2,202
Similar participant headcount
Nearest other-state filings by covered participants (5,845 participants); asset peers above are excluded.
- Pinnacle West Capital Corporation Savings Plan (AZ) 5,844 · 1 off
- Rha Health Services, LLC 401(k) Retirement Plan (GA) 5,841 · 4 off
- Hd Supply 401(k) Retirement Plan (GA) 5,838 · 7 off
- Aurora Salary Deferred Savings Plan (NY) 5,837 · 8 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.