Defined Benefit (Pension) · DOL Form 5500 · 2023

Blue Cross and Blue Shield of Alabama Pension Plan

Data updated 2026-08-25

$737M
Total assets Above avg plan size
2,014
Participants Near avg headcount
98th
Percentile by assets National rank
$366,094
Avg per participant High balance/head
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Official DOL plan name: Blue Cross and Blue Shield of Alabama Retirement Plan · Sponsored by Blue Cross and Blue Shield of Alabama · Alabama · Finance & Insurance

$737M in assets, 2,014 participants

Blue Cross and Blue Shield of Alabama's Blue Cross and Blue Shield of Alabama Retirement Plan reported $737M in total assets and 2,014 participants in its 2023 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.

  • #8,571 in Finance & Insurance (8,869 peers)

Coverage in Alabama

Blue Cross and Blue Shield of Alabama Retirement Plan covers 2,014 participants in Alabama, 5.6x the typical Alabama plan (state average ~360 per filing). Assets: $737M.

#8,571
in Finance & Insurance (8,869 peers)
+12.5%
assets growth YoY
7.4×
vs typical plan assets (national mean)

Blue Cross and Blue Shield of Alabama Retirement Plan's outsized position by total assets

Blue Cross and Blue Shield of Alabama Retirement Plan vs every filed plan by assets

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

$737,313,284 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 Alabama Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Blue Cross and Blue Shield of Alabama Retirement Plan lands in the large band (2,014 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blue Cross and Blue Shield of Alabama Retirement Plan reported net income rose from -$171M in the plan year 2022 filing to $82M in the plan year 2023 filing.
  • Blue Cross and Blue Shield of Alabama Retirement Plan end-of-year assets rose from $655M in the plan year 2022 filing to $737M in the plan year 2023 filing.
  • Blue Cross and Blue Shield of Alabama Retirement Plan reported participants fell from 2,154 in the plan year 2022 filing to 2,014 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 630103830 · Blue Cross and Blue Shield of Alabama PY 2023 · Defined Benefit (Pension)

Blue Cross and Blue Shield of Alabama Retirement Plan · $737M · 2,014 · 98th

  • EBSA $737M
  • PART 2,014
  • TYPE 98th
  • NET Defined Benefit (Pension)
  • BOOK near Bwxt Retirement Plan
  • VS-ST ind #8571

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 Alabama →

Blue Cross and Blue Shield of Alabama Retirement Plan in the asset neighbourhood

Jm Family Enterprises, Inc. Associates' Retirement PlanJm Family Enterprises, Inc. …$739MChs Inc. Pension Plan$738MBlue Cross and Blue Shield of Alabama Retirement PlanBlue Cross and Blue Shield o…$737MBwxt Retirement Plan$737MWestern PA Electrical Employees Pension Trust FundWestern PA Electrical Employ…$735M
End-of-year total assets ($M) among Blue Cross and Blue Shield of Alabama Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$655M
Net Assets (End of Year)$737M
Net Income$82M
Employer EIN630103830
Plan Effective Date1947-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield of Alabama)

Sponsor-wide plan assets over time

All Blue Cross and Blue Shield of Alabama plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 24.274707944629725% vs 2022
2024 filing year
$1.2B$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.28B $1.59B ▲ +24.2%
Year Plans Participants Total Assets
2022 2 6,241 $1.3B
2023 2 6,026 $1.5B
2024 2 6,246 $1.6B

Nearby Defined Benefit (Pension) Plans in Alabama

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Blue Cross and Blue Shield of Alabama Retirement Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 0.20.40.60.811.21.4 Total assets ($B) Participants Blue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.737313284 · Participants: 2014Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan, Total assets ($B): 1.23300032 · Participants: 292Regions Financial Corporation Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.716301272 · Participants: 2395Regions Financial Corporation Retirement Plan for AssociatesVulcan Materials Company Pension Plan, Total assets ($B): 0.507585545 · Participants: 776Vulcan Materials Company Pension PlanAmerican Cast Iron Pipe Company Pension Plan, Total assets ($B): 0.440237888 · Participants: 832American Cast Iron Pipe Company Pension PlanAlabama Farmers Federation and Affiliated Companies Retirement Plan, Total assets ($B): 0.42920298 · Participants: 929Alabama Farmers Federation and Affiliated Companies Retirement Plan
Blue Cross and Blue Shield of Alabama Retirement Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
Compare Blue Cross and Blue Shield of Alabama Retirement Plan side-by-side with 3 peers →

Blue Cross and Blue Shield of Alabama Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Bwxt Retirement Plan in VA ($737M); by covered participants it is Joint Pension Fund of Local Union No 102 in NJ (2,013 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($737M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,014 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Blue Cross and Blue Shield of Alabama Retirement Plan assets move in 2023? ▼
Blue Cross and Blue Shield of Alabama Retirement Plan grew at a solid clip - up 12.5% during 2023, from $655M to $737M. Reported net income was $82M.
How have Blue Cross and Blue Shield of Alabama plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of Alabama's sponsor-wide assets grew 24.3%, from $1.3B to $1.6B.
Where does Blue Cross and Blue Shield of Alabama Retirement Plan rank by assets among Form 5500 filers? ▼
Blue Cross and Blue Shield of Alabama Retirement Plan ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Blue Cross and Blue Shield of Alabama Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bwxt Retirement Plan in VA ($737M, 1,837 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Blue Cross and Blue Shield of Alabama Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Joint Pension Fund of Local Union No 102 in NJ (2,013 participants, $672M in assets).

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 630103830.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.