401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-11

$191M
Total assets
1,142
Participants
95th
Percentile by assets
$166,884
Avg per participant
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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.

  • 95th percentile by assets (of 127,072 plans)
  • #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.

$191M
total plan assets (2023 EOY)
1,142
covered participants
95th
percentile by assets (of 127,072 plans)
$166,884
avg assets per participant

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 →

State

Participants vs Nebraska filers

In Nebraska, the average filing covers about 552 participants across 778 plans. Tax-Favored Savings Program reports 1,142 participants - 2.1x that state average ($191M EOY assets).

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)

$200M$220M$240M$260M$280M 202220232024 $210M $257M ▲ +22.5%
Total plan assets by year, all Blue Cross and Blue Shield of Nebraska plans on file
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

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 …Hdr, Inc. Best Plan …Peter Kiewit Sons, I…Union Pacific Corpor…Union Pacific Agreem…First National of Ne…
Tax-Favored Savings Program vs. nearby 401(k) plans in Nebraska, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tax-Favored Savings Program by total assets, not by location.

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).

Filing takeaways

Ways to act on Tax-Favored Savings Program's numbers.