401(k) · DOL Form 5500 · 2023

Blue Cross Blue Shield of Tennessee 401(k) Plan

Data updated 2026-08-06

$1.1B
Total assets
6,244
Participants
99th
Percentile by assets
$180,786
Avg per participant
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Official DOL plan name: Bluecross Blueshield of Tennessee Employee Retirement Savings Program · Sponsored by Blue Cross Blue Shield of Tennessee · Tennessee · Finance & Insurance

$1.1B in assets, 6,244 participants

Blue Cross Blue Shield of Tennessee's Bluecross Blueshield of Tennessee Employee Retirement Savings Program reported $1.1B in total assets and 6,244 participants in its 2023 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 126,618 plans)
  • #8,643 in Finance & Insurance (8,852 peers)

Coverage in Tennessee

Bluecross Blueshield of Tennessee Employee Retirement Savings Program covers 6,244 participants in Tennessee, 5.6x the typical Tennessee plan (state average ~1,122 per filing). Assets: $1.1B.

$1.1B
total plan assets (2023 EOY)
6,244
covered participants
99th
percentile by assets (of 126,618 plans)
$180,786
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bluecross Blueshield of Tennessee Employee Retirement Savings Program reported net income rose from -$170M in the plan year 2022 filing to $160M in the plan year 2023 filing.
  • Bluecross Blueshield of Tennessee Employee Retirement Savings Program end-of-year assets rose from $896M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,122 participants across 2,228 plans. Bluecross Blueshield of Tennessee Employee Retirement Savings Program reports 6,244 participants - 5.6x that state average ($1.1B EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$896M
Net Assets (End of Year)$1.1B
Net Income$160M
Employer EIN620427913
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Tennessee)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.97B $1.26B ▲ +29.9%
Total plan assets by year, all Blue Cross Blue Shield of Tennessee plans on file
Year Plans Participants Total Assets
2022 2 7,827 $969M
2023 1 6,244 $1.1B
2024 1 6,596 $1.3B

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bluecross Blueshield of Tennessee Employee Retirement Savings Program vs. nearby 401(k) plans in Tennessee, assets vs. participants

Bluecross Blueshield of Tennessee Employee Retirement Savings Program vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Bluecross Blueshield…Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Bluecross Blueshield of Tennessee Employee Retirement Savings Program vs. nearby 401(k) plans in Tennessee, assets vs. participants

Scale composition for Bluecross Blueshield of Tennessee Employee Retirement Savings Program

Bluecross Blueshield of Tennessee Employee Retirement Savings Program reports $1.1B in end-of-year assets across 6,244 participants (0.010% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $180,786 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $160M.

This plan identity (EIN 620427913, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $896M to $1.3B (+41.0%) while covered participants moved from 6,253 to 6,596 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,253 $896M Open filing
2023 6,244 $1.1B This page
2024 · index core 6,596 $1.3B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bluecross Blueshield of Tennessee Employee Retirement Savings Program by total assets, not by location.

Frequently Asked Questions

How did Bluecross Blueshield of Tennessee Employee Retirement Savings Program assets move in 2023?
Bluecross Blueshield of Tennessee Employee Retirement Savings Program grew sharply - up 25.9% during 2023, from $896M to $1.1B. Reported net income was $160M.
How have Blue Cross Blue Shield of Tennessee plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Tennessee's sponsor-wide assets grew 30.4%, from $969M to $1.3B.
Where does Bluecross Blueshield of Tennessee Employee Retirement Savings Program rank by assets among Form 5500 filers?
Bluecross Blueshield of Tennessee Employee Retirement Savings Program ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Bluecross Blueshield of Tennessee Employee Retirement Savings Program?
Among 401(k) plans in other states, the closest by assets is The Standard 401(k) Plan in OR ($1.1B, 3,614 participants).

Next read for Bluecross Blueshield of Tennessee Employ…

Filing takeaways

Ways to act on Bluecross Blueshield of Tennessee Employee Retirement Savings Program's numbers.

  • By total assets, Bluecross Blueshield of Tennessee Employee Retirement Savings Program ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
  • Blue Cross Blue Shield of Tennessee's sponsor-wide assets have grown 30.4% since 2022 across 3 plan years on file. More Finance & Insurance plans