401(k) · DOL Form 5500 · 2023

Blue Cross and Blue Shield of Nebraska 401(k) Plan

Data updated 2026-08-25

$191M
Total assets Near avg plan size
1,142
Participants Near avg headcount
95th
Percentile by assets National rank
$166,884
Avg per participant Above avg balance/head
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Official DOL plan name: Tax-Favored Savings Program · Sponsored by Blue Cross and Blue Shield of Nebraska · Nebraska · Finance & Insurance

$191M in assets, 1,142 participants

Blue Cross and Blue Shield of Nebraska's Tax-Favored Savings Program reported $191M in total assets and 1,142 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,099 in Finance & Insurance (8,869 peers)

Coverage in Nebraska

Tax-Favored Savings Program covers 1,142 participants in Nebraska, 2.1x the typical Nebraska plan (state average ~552 per filing). Assets: $191M.

#8,099
in Finance & Insurance (8,869 peers)
+17.5%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Tax-Favored Savings Program's outsized position by total assets

Tax-Favored Savings Program vs every filed plan by assets

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

$190,581,891 Top 5% higher than 95% 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

Tax-Favored Savings Program'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. Tax-Favored Savings Program lands in the large band (1,142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tax-Favored Savings Program reported net income rose from -$33M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Tax-Favored Savings Program end-of-year assets rose from $162M in the plan year 2022 filing to $191M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 470095156 · Blue Cross and Blue Shield of Nebraska PY 2023 · 401(k)

Tax-Favored Savings Program · $191M · 1,142 · 95th

  • PCT $191M
  • PCT 1,142
  • PCT 95th
  • PCT 401(k)
  • PCT near Bayview Asset Management LLC 401(k) Plan
  • PCT ind #8099

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 Nebraska →

Tax-Favored Savings Program in the asset neighbourhood

Psa Airlines, Inc. 401(k) Savings PlanPsa Airlines, Inc. 401(k) Sa…$191MBayview Asset Management LLC 401(k) PlanBayview Asset Management LLC…$191MTax-Favored Savings Program$191MFirstcash 401(k) Profit Sharing PlanFirstcash 401(k) Profit Shar…$191MPenumbra, Inc. 401(k) Plan$190M
End-of-year total assets ($M) among Tax-Favored Savings Program and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Nebraska filing particulars

Total Assets (Beginning of Year)$162M
Net Assets (End of Year)$191M
Net Income$28M
Employer EIN470095156
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$257M 22.468215182514783% vs 2022
2024 filing year
$200M$220M$240M$260M$280M 202220232024 $210M $257M ▲ +22.5%
Year Plans Participants Total Assets
2022 2 1,268 $210M
2023 2 1,260 $241M
2024 2 1,278 $257M

Nearby 401(k) Plans in Nebraska

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

Tax-Favored Savings Program vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -202468 Total assets ($B) Participants Tax-Favored Savings Program, Total assets ($B): 0.190581891 · Participants: 1142Tax-Favored Savings ProgramHdr, Inc. Best Plan and ESOP, Total assets ($B): 6.272854301 · Participants: 10652Hdr, Inc. Best Plan and ESOPPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 2.422593059 · Participants: 16947Peter Kiewit Sons, Inc. Retirement Savings PlanUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.265096577 · Participants: 5470Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 2.255128453 · Participants: 27770Union Pacific Agreement Employee 401(k) Retirement Thrift PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.926040387 · Participants: 5038First National of Nebraska, Inc. First Savings Plan
Tax-Favored Savings Program vs. nearby 401(k) plans in Nebraska, assets vs. participants
Compare Tax-Favored Savings Program side-by-side with 3 peers →

Tax-Favored Savings Program's out-of-state 401(k) peers by assets and headcount

Outside Nebraska, the nearest 401(k) by assets is Bayview Asset Management LLC 401(k) Plan in FL ($191M); by covered participants it is Bessemer Trust Company 401(k) and Profit Sharing Plan in NJ (1,142 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($191M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,142 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 Tax-Favored Savings Program assets move in 2023? ▼
Tax-Favored Savings Program grew sharply - up 17.5% during 2023, from $162M to $191M. Reported net income was $28M.
How have Blue Cross and Blue Shield of Nebraska plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of Nebraska's sponsor-wide assets grew 22.5%, from $210M to $257M.
Where does Tax-Favored Savings Program rank by assets among Form 5500 filers? ▼
Tax-Favored Savings Program ranks in the 95th 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 Tax-Favored Savings Program? ▼
Among 401(k) plans in other states, the closest by assets is Bayview Asset Management LLC 401(k) Plan in FL ($191M, 1,426 participants).
Which 401(k) plans cover a similar participant headcount to Tax-Favored Savings Program? ▼
Among 401(k) plans in other states, the closest by covered participants is Bessemer Trust Company 401(k) and Profit Sharing Plan in NJ (1,142 participants, $637M 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 470095156.

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.