401(k) · DOL Form 5500 · 2023

California Physicians Service, Dba Blue Shield of Ca 401(k) Plan

Data updated 2026-08-06

$1.4B
Total assets
7,821
Participants
99th
Percentile by assets
$183,558
Avg per participant
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Official DOL plan name: Blue Shield of California Tax Deferred Salary Investment Plan · Sponsored by California Physicians Service, Dba Blue Shield of Ca · California · Finance & Insurance

$1.4B in assets, 7,821 participants

California Physicians Service, Dba Blue Shield of Ca's Blue Shield of California Tax Deferred Salary Investment Plan reported $1.4B in total assets and 7,821 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 126,618 plans)
  • #8,689 in Finance & Insurance (8,852 peers)

Coverage in California

Blue Shield of California Tax Deferred Salary Investment Plan covers 7,821 participants in California, 12x the typical California plan (state average ~637 per filing). Assets: $1.4B.

$1.4B
total plan assets (2023 EOY)
7,821
covered participants
99th
percentile by assets (of 126,618 plans)
$183,558
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blue Shield of California Tax Deferred Salary Investment Plan reported net income rose from -$187M in the plan year 2022 filing to $269M in the plan year 2023 filing.
  • Blue Shield of California Tax Deferred Salary Investment Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
  • Blue Shield of California Tax Deferred Salary Investment Plan reported participants fell from 8,169 in the plan year 2022 filing to 7,821 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Blue Shield of California Tax Deferred Salary Investment Plan reports 7,821 participants - 12x that state average ($1.4B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.4B
Net Income$269M
Employer EIN940360524
Plan Effective Date1983-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (California Physicians Service, Dba Blue Shield of Ca)

$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.69B $2.24B ▲ +32.5%
Total plan assets by year, all California Physicians Service, Dba Blue Shield of Ca plans on file
Year Plans Participants Total Assets
2022 2 11,173 $1.7B
2023 2 10,587 $2.0B
2024 2 9,714 $2.2B

Nearby 401(k) Plans in California

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

Blue Shield of California Tax Deferred Salary Investment Plan vs. nearby 401(k) plans in California, assets vs. participants

Blue Shield of California Tax Deferred Salary Investment Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Blue Shield of Calif…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Blue Shield of California Tax Deferred Salary Investment Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Blue Shield of California Tax Deferred Salary Investment Plan

Blue Shield of California Tax Deferred Salary Investment Plan reports $1.4B in end-of-year assets across 7,821 participants (0.012% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.009% of 89,805,449 covered participants) - about $183,558 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $269M.

This plan identity (EIN 940360524, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.7B (+44.3%) while covered participants moved from 8,169 to 7,242 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,169 $1.2B Open filing
2023 7,821 $1.4B This page
2024 · index core 7,242 $1.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blue Shield of California Tax Deferred Salary Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Blue Shield of California Tax Deferred Salary Investment Plan assets move in 2023?
Blue Shield of California Tax Deferred Salary Investment Plan grew sharply - up 23.1% during 2023, from $1.2B to $1.4B. Reported net income was $269M.
How have California Physicians Service, Dba Blue Shield of Ca plan assets changed over time?
Across 3 plan years on file (2022-2024), California Physicians Service, Dba Blue Shield of Ca's sponsor-wide assets grew 32.5%, from $1.7B to $2.2B.
Where does Blue Shield of California Tax Deferred Salary Investment Plan rank by assets among Form 5500 filers?
Blue Shield of California Tax Deferred Salary Investment Plan ranks in the 99th percentile by end-of-year assets among 126,618 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 Blue Shield of California Tax Deferred Salary Investment Plan?
Among 401(k) plans in other states, the closest by assets is Steelcase Inc. Retirement Plan in MI ($1.4B, 4,598 participants).

Next read for Blue Shield of California Tax Deferred S…

Filing takeaways

Ways to act on Blue Shield of California Tax Deferred Salary Investment Plan's numbers.

  • By total assets, Blue Shield of California Tax Deferred Salary Investment 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 California. Compare plans
  • California Physicians Service, Dba Blue Shield of Ca's sponsor-wide assets have grown 32.5% since 2022 across 3 plan years on file. More Finance & Insurance plans