401(k) · DOL Form 5500 · 2023

Blue Cross and Blue Shield Association 401(k) Plan

Data updated 2026-08-25

$425M
Total assets Above avg plan size
1,205
Participants Near avg headcount
97th
Percentile by assets National rank
$352,653
Avg per participant High balance/head
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Official DOL plan name: Blue Cross and Blue Shield Association Tax-Favored Savings Program · Sponsored by Blue Cross and Blue Shield Association · Illinois · Professional & Technical Services

$425M in assets, 1,205 participants

Blue Cross and Blue Shield Association's Blue Cross and Blue Shield Association Tax-Favored Savings Program reported $425M in total assets and 1,205 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,899 in Professional & Technical Services (20,321 peers)

Where Blue Cross and Blue Shield Association Tax-Favored Savings Program sits by assets

Blue Cross and Blue Shield Association Tax-Favored Savings Program sits in the top 5% of all filed plans by assets, $425M for 1,205 participants (~$352,653/participant), up 20.8% in 2023.

#19,899
in Professional & Technical Services (20,321 peers)
+20.8%
assets growth YoY
4.3×
vs typical plan assets (national mean)

Blue Cross and Blue Shield Association Tax-Favored Savings Program's outsized position by total assets

Blue Cross and Blue Shield Association Tax-Favored Savings Program vs every filed plan by assets

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

$424,947,384 Top 3% higher than 97% 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 Association 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. Blue Cross and Blue Shield Association Tax-Favored Savings Program lands in the large band (1,205 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blue Cross and Blue Shield Association Tax-Favored Savings Program reported net income rose from -$81M in the plan year 2022 filing to $73M in the plan year 2023 filing.
  • Blue Cross and Blue Shield Association Tax-Favored Savings Program end-of-year assets rose from $352M in the plan year 2022 filing to $425M in the plan year 2023 filing.
  • Blue Cross and Blue Shield Association Tax-Favored Savings Program reported participants rose from 1,158 in the plan year 2022 filing to 1,205 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 135656874 · Blue Cross and Blue Shield Association PY 2023 · 401(k)

Blue Cross and Blue Shield Association Tax-Favored Savings Program · $425M · 1,205 · 97th

  • NET $425M
  • NET 1,205
  • NET 97th
  • NET 401(k)
  • NET near Magnit Global Solutions, Inc. and Subsidiaries 401(k) Employee Savings
  • NET ind #19899

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Blue Cross and Blue Shield Association Tax-Favored Savings Program in the asset neighbourhood

Enersys Delaware Inc. 401(k) PlanEnersys Delaware Inc. 401(k)…$425MBlue Cross and Blue Shield Association Tax-Favored Savings ProgramBlue Cross and Blue Shield A…$425MMagnit Global Solutions, Inc. and Subsidiaries 401(k) Employee SavingsMagnit Global Solutions, Inc…$425MMathematica Group Holding Inc. Profit Sharing PlanMathematica Group Holding In…$425MMaterion Corporation Retirement Savings PlanMaterion Corporation Retirem…$425M
End-of-year total assets ($M) among Blue Cross and Blue Shield Association Tax-Favored Savings Program and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$352M
Net Assets (End of Year)$425M
Net Income$73M
Employer EIN135656874
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield Association)

Sponsor-wide plan assets over time

All Blue Cross and Blue Shield Association plans reported in each filing year

Latest sponsor-wide plan assets
$674M 18.71091787264028% vs 2022
2024 filing year
$550M$600M$650M$700M 202220232024 $568M $674M ▲ +18.7%
Year Plans Participants Total Assets
2022 2 1,370 $568M
2023 2 1,387 $644M
2024 2 1,397 $674M

Nearby 401(k) Plans in Illinois

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

Blue Cross and Blue Shield Association Tax-Favored Savings Program vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Blue Cross and Blue Shield Association Tax-Favored Savings Program, Total assets ($B): 0.424947384 · Participants: 1205Blue Cross and Blue Shield Association Tax-Favored Savings ProgramAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Blue Cross and Blue Shield Association Tax-Favored Savings Program vs. nearby 401(k) plans in Illinois, assets vs. participants

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

Outside Illinois, the nearest 401(k) by assets is Magnit Global Solutions, Inc. and Subsidiaries 401(k) Employee Savings in CA ($425M); by covered participants it is Sp Holding Enterprises Corp 401(k) Retirement Savings Plan in UT (1,205 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,205 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 Association Tax-Favored Savings Program assets move in 2023?
Blue Cross and Blue Shield Association Tax-Favored Savings Program grew sharply - up 20.8% during 2023, from $352M to $425M. Reported net income was $73M.
How have Blue Cross and Blue Shield Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield Association's sponsor-wide assets grew 18.7%, from $568M to $674M.
Where does Blue Cross and Blue Shield Association Tax-Favored Savings Program rank by assets among Form 5500 filers?
Blue Cross and Blue Shield Association Tax-Favored Savings Program ranks in the 97th 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 Blue Cross and Blue Shield Association Tax-Favored Savings Program?
Among 401(k) plans in other states, the closest by assets is Magnit Global Solutions, Inc. and Subsidiaries 401(k) Employee Savings in CA ($425M, 25,954 participants).
Which 401(k) plans cover a similar participant headcount to Blue Cross and Blue Shield Association Tax-Favored Savings Program?
Among 401(k) plans in other states, the closest by covered participants is Sp Holding Enterprises Corp 401(k) Retirement Savings Plan in UT (1,205 participants, $70M in assets).