401(k) · DOL Form 5500 · 2023

Blue Cross and Blue Shield of Arizona, Inc. 401(k) Plan

Data updated 2026-08-11

$446M
Total assets: 2,877
Participants: 97th
Percentile by assets: $154,978
Avg per participant

Official DOL plan name: Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan · Sponsored by Blue Cross and Blue Shield of Arizona, Inc. · Arizona · Finance & Insurance

$446M in assets, 2,877 participants

Blue Cross and Blue Shield of Arizona, Inc.'s Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan reported $446M in total assets and 2,877 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#8,436 in Finance & Insurance (8,869 peers)

Coverage in Arizona

Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan covers 2,877 participants in Arizona, 5.1x the typical Arizona plan (state average ~564 per filing). Assets: $446M.

$446M
total plan assets (2023 EOY): 2,877
covered participants: 97th
percentile by assets (of 127,072 plans): $154,978
avg assets per participant

Where Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan sits by total assets

Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$445,871,414 Top 3% higher than 97% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan reported net income rose from -$55M in the plan year 2022 filing to $125M in the plan year 2023 filing.
Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan reported participants rose from 2,030 in the plan year 2022 filing to 2,877 in the plan year 2023 filing.
Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan end-of-year assets rose from $321M in the plan year 2022 filing to $446M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Arizona

Industry

Finance & Insurance

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan reports 2,877 participants - 5.1x that state average ($446M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)	$321M
Net Assets (End of Year)	$446M
Net Income	$125M
Employer EIN	860004538
Plan Effective Date	1984-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield of Arizona, Inc.)

Total plan assets by year, all Blue Cross and Blue Shield of Arizona, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,638	$737M
2023	3	3,888	$674M
2024	3	3,226	$745M

Nearby 401(k) Plans in Arizona

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

Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Bechtel Trust & Thrift Plan $5.7B · 7,448
Banner Health Employees 401(k) Plan $4.3B · 52,452
Republic Services, Inc. 401(k) Plan $2.4B · 28,131
Freeport-Mcmoran Inc. Employee Capital Accumulation Program $2.3B · 13,105
Stantec 401(k) Plan $2.0B · 10,719

Compare Blue Cross and Blue Shield of Arizona, I… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan by total assets, not by location.

UPS/Ibt Local 2727 401(k) Plan (KY) $446M · 1,811
Point72, L.P. 401(k) Plan (CT) $446M · 1,574
Ali Group Retirement Plan (IL) $446M · 4,006
Kroll 401(k) Retirement Savings Plan (NY) $446M · 2,193

Frequently Asked Questions

How did Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan assets move in 2023? ▼

Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan surged - up 39.1% during 2023, from $321M to $446M. Reported net income was $125M.

How have Blue Cross and Blue Shield of Arizona, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of Arizona, Inc.'s sponsor-wide assets grew 1.0%, from $737M to $745M.

Where does Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is UPS/Ibt Local 2727 401(k) Plan in KY ($446M, 1,811 participants).

Next read for Blue Cross and Blue Shield of Arizona, I…

Filing takeaways

Ways to act on Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan's numbers.

By total assets, Blue Cross and Blue Shield of Arizona, Inc. 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
Blue Cross and Blue Shield of Arizona, Inc.'s sponsor-wide assets have grown 1.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860004538.