401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
7,821
Participants Very large workforce
99th
Percentile by assets National rank
$183,558
Avg per participant Above avg balance/head
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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.

  • #8,706 in Finance & Insurance (8,869 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 ~630 per filing). Assets: $1.4B.

#8,706
in Finance & Insurance (8,869 peers)
+23.1%
assets growth YoY
14×
vs typical plan assets (national mean)

Blue Shield of California Tax Deferred Salary Investment Plan's outsized position by total assets

Blue Shield of California Tax Deferred Salary Investment Plan vs every filed plan by assets

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

$1,435,609,265 Top 1% higher than 99% 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 Shield of California Tax Deferred Salary Investment Plan'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 Shield of California Tax Deferred Salary Investment Plan lands in the large band (7,821 participants).

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 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 940360524 · California Physicians Service, Dba Blue Shield of Ca PY 2023 · 401(k)

Blue Shield of California Tax Deferred Salary Investment Plan · $1.4B · 7,821 · 99th

  • VS-ST $1.4B
  • VS-ST 7,821
  • VS-ST 99th
  • VS-ST 401(k)
  • VS-ST near Steelcase Inc. Retirement Plan
  • VS-ST ind #8706

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 California →

Blue Shield of California Tax Deferred Salary Investment Plan in the asset neighbourhood

Blue Shield of California Tax Deferred Salary Investment PlanBlue Shield of California Ta…$1.4BSteelcase Inc. Retirement PlanSteelcase Inc. Retirement Pl…$1.4BJones Day Retirement Plan$1.4BCovestro LLC Savings and Retirement PlanCovestro LLC Savings and Ret…$1.4BStaples, Inc. Employees' 401(k) Savings PlanStaples, Inc. Employees' 401…$1.4B
End-of-year total assets ($B) among Blue Shield of California Tax Deferred Salary Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All California Physicians Service, Dba Blue Shield of Ca plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 32.467653318004395% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.69B $2.24B ▲ +32.5%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Blue Shield of California Tax Deferred Salary Investment Plan, Total assets ($B): 1.435609265 · Participants: 7821Blue Shield of California Tax Deferred Salary Investment PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Blue Shield of California Tax Deferred Salary Investment Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Blue Shield of California Tax Deferred Salary Investment Plan side-by-side with 3 peers →

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 $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 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:

Blue Shield of California Tax Deferred Salary Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Steelcase Inc. Retirement Plan in MI ($1.4B); by covered participants it is Shc Services, Inc. 401(k) Plan in UT (7,823 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (7,821 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 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 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 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).
Which 401(k) plans cover a similar participant headcount to Blue Shield of California Tax Deferred Salary Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Shc Services, Inc. 401(k) Plan in UT (7,823 participants, $90M 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 940360524.

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.