401(k) · DOL Form 5500 · 2023

Independence Blue Cross, LLC 401(k) Plan

Data updated 2026-08-11

$958M
Total assets: 4,055
Participants: 99th
Percentile by assets: $236,292
Avg per participant

Official DOL plan name: Independence Blue Cross Blue Chip Retirement Savings Plan · Sponsored by Independence Blue Cross, LLC · Pennsylvania · Finance & Insurance

$958M in assets, 4,055 participants

Independence Blue Cross, LLC's Independence Blue Cross Blue Chip Retirement Savings Plan reported $958M in total assets and 4,055 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 127,072 plans)
#8,634 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Independence Blue Cross Blue Chip Retirement Savings Plan covers 4,055 participants in Pennsylvania, 4.9x the typical Pennsylvania plan (state average ~822 per filing). Assets: $958M.

$958M
total plan assets (2023 EOY): 4,055
covered participants: 99th
percentile by assets (of 127,072 plans): $236,292
avg assets per participant

Independence Blue Cross Blue Chip Retirement Savings Plan reported net income rose from -$173M in the plan year 2022 filing to $149M in the plan year 2023 filing.
Independence Blue Cross Blue Chip Retirement Savings Plan end-of-year assets rose from $809M in the plan year 2022 filing to $958M in the plan year 2023 filing.
Independence Blue Cross Blue Chip Retirement Savings Plan reported participants rose from 3,858 in the plan year 2022 filing to 4,055 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Finance & Insurance

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Independence Blue Cross Blue Chip Retirement Savings Plan reports 4,055 participants - 4.9x that state average ($958M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$809M
Net Assets (End of Year)	$958M
Net Income	$149M
Employer EIN	463867722
Plan Effective Date	1983-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Independence Blue Cross, LLC)

Total plan assets by year, all Independence Blue Cross, LLC plans on file

Year	Plans	Participants	Total Assets
2022	2	5,263	$1.5B
2023	2	5,347	$1.7B
2024	2	5,530	$1.6B

Nearby 401(k) Plans in Pennsylvania

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

Independence Blue Cross Blue Chip Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
Cigna 401(k) Plan $13.0B · 66,760
The Vanguard Retirement and Savings Plan $9.8B · 18,200
The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184

Compare Independence Blue Cross Blue Chip Retire… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Independence Blue Cross Blue Chip Retirement Savings Plan by total assets, not by location.

Citrix Systems, Inc. 401(k) Plan (FL) $960M · 2,821
Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies (GA) $960M · 12,487
Mid-Atlantic Permanente Medical Group, P.C. 401(k) Plan (MD) $956M · 1,967
Employee 401(k) Savings Plan (TX) $961M · 10,787

Frequently Asked Questions

How did Independence Blue Cross Blue Chip Retirement Savings Plan assets move in 2023? ▼

Independence Blue Cross Blue Chip Retirement Savings Plan grew sharply - up 18.4% during 2023, from $809M to $958M. Reported net income was $149M.

How have Independence Blue Cross, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Independence Blue Cross, LLC's sponsor-wide assets grew 6.2%, from $1.5B to $1.6B.

Where does Independence Blue Cross Blue Chip Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Independence Blue Cross Blue Chip Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 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 Independence Blue Cross Blue Chip Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Citrix Systems, Inc. 401(k) Plan in FL ($960M, 2,821 participants).

Next read for Independence Blue Cross Blue Chip Retire…

Filing takeaways

Ways to act on Independence Blue Cross Blue Chip Retirement Savings Plan's numbers.

By total assets, Independence Blue Cross Blue Chip Retirement Savings Plan 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 Pennsylvania. Compare plans
Independence Blue Cross, LLC's sponsor-wide assets have grown 6.2% 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 463867722.