Defined Benefit (Pension) · DOL Form 5500 · 2023

Independence Blue Cross, LLC Pension Plan

Data updated 2026-08-25

$705M
Total assets Above avg plan size
1,292
Participants Near avg headcount
98th
Percentile by assets National rank
$545,713
Avg per participant High balance/head
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Official DOL plan name: Pension Plan of Independence Blue Cross · Sponsored by Independence Blue Cross, LLC · Pennsylvania · Finance & Insurance

$705M in assets, 1,292 participants

Independence Blue Cross, LLC's Pension Plan of Independence Blue Cross reported $705M in total assets and 1,292 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.

  • #8,557 in Finance & Insurance (8,869 peers)

Where Pension Plan of Independence Blue Cross sits by assets

Pension Plan of Independence Blue Cross sits in the top 5% of all filed plans by assets, $705M for 1,292 participants (~$545,713/participant), up 0.4% in 2023.

#8,557
in Finance & Insurance (8,869 peers)
+0.4%
assets growth YoY
7.1×
vs typical plan assets (national mean)

Pension Plan of Independence Blue Cross's outsized position by total assets

Pension Plan of Independence Blue Cross vs every filed plan by assets

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

$705,060,649 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

Pension Plan of Independence Blue Cross'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. Pension Plan of Independence Blue Cross lands in the large band (1,292 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan of Independence Blue Cross reported net income rose from -$172M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Pension Plan of Independence Blue Cross reported participants fell from 1,405 in the plan year 2022 filing to 1,292 in the plan year 2023 filing.
  • Pension Plan of Independence Blue Cross end-of-year assets rose from $702M in the plan year 2022 filing to $705M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 463867722 · Independence Blue Cross, LLC PY 2023 · Defined Benefit (Pension)

Pension Plan of Independence Blue Cross · $705M · 1,292 · 98th

  • 5500 $705M
  • 5500 1,292
  • 5500 98th
  • 5500 Defined Benefit (Pension)
  • 5500 near Hotel Union and Hotel Industry of Hawaii Pension Plan
  • 5500 ind #8557

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 Pennsylvania →

Pension Plan of Independence Blue Cross in the asset neighbourhood

Mea-Messa-Mea Financial Services Staff Retirement Plan & TrustMea-Messa-Mea Financial Serv…$708MPension Plan of Independence Blue CrossPension Plan of Independence…$705MHotel Union and Hotel Industry of Hawaii Pension PlanHotel Union and Hotel Indust…$705MCommunity Hospital of the Monterey Peninsula Retirement PlanCommunity Hospital of the Mo…$704MPension Plan for Employees of American Water Works Company, Inc. & Its Designated SubsidiariesPension Plan for Employees o…$703M
End-of-year total assets ($M) among Pension Plan of Independence Blue Cross and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$702M
Net Assets (End of Year)$704M
Net Income$3M
Employer EIN463867722
Plan Effective Date1962-10-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Independence Blue Cross, LLC)

Sponsor-wide plan assets over time

All Independence Blue Cross, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 6.226697946567808% vs 2022
2024 filing year
$1.45B$1.5B$1.55B$1.6B$1.65B$1.7B 202220232024 $1.51B $1.61B ▲ +6.6%
Year Plans Participants Total Assets
2022 2 5,263 $1.5B
2023 2 5,347 $1.7B
2024 2 5,530 $1.6B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Pension Plan of Independence Blue Cross vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Pension Plan of Independence Blue Cross, Total assets ($B): 0.705060649 · Participants: 1292Pension Plan of Independence Blue CrossNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Pension Plan of Independence Blue Cross vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Pension Plan of Independence Blue Cross side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Hotel Union and Hotel Industry of Hawaii Pension Plan in HI ($705M); by covered participants it is United Brotherhood of Carpenters Pension Fund United States Segment in NV (1,295 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,292 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 Pension Plan of Independence Blue Cross assets move in 2023? ▼
Pension Plan of Independence Blue Cross held essentially flat - up 0.4% during 2023, from $702M to $705M. Reported net income was $3M.
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 Pension Plan of Independence Blue Cross rank by assets among Form 5500 filers? ▼
Pension Plan of Independence Blue Cross 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 Pension Plan of Independence Blue Cross? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hotel Union and Hotel Industry of Hawaii Pension Plan in HI ($705M, 7,370 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of Independence Blue Cross? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United Brotherhood of Carpenters Pension Fund United States Segment in NV (1,295 participants, $979M 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 463867722.

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.