Defined Benefit (Pension) · DOL Form 5500 · 2023

Blue Cross Blue Shield of Massachusetts, Inc. Pension Plan

Data updated 2026-08-11

$907M
Total assets: 2,901
Participants: 98th
Percentile by assets: $312,622
Avg per participant

Official DOL plan name: Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust · Sponsored by Blue Cross Blue Shield of Massachusetts, Inc. · Massachusetts · Finance & Insurance

$907M in assets, 2,901 participants

Blue Cross Blue Shield of Massachusetts, Inc.'s Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust reported $907M in total assets and 2,901 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.

98th percentile by assets (of 127,072 plans)
#8,624 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust covers 2,901 participants in Massachusetts, 4.4x the typical Massachusetts plan (state average ~659 per filing). Assets: $907M.

$907M
total plan assets (2023 EOY): 2,901
covered participants: 98th
percentile by assets (of 127,072 plans): $312,622
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust reported net income rose from -$345M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust reported participants fell from 3,181 in the plan year 2022 filing to 2,901 in the plan year 2023 filing.
Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust end-of-year assets fell from $911M in the plan year 2022 filing to $907M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Finance & Insurance

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust reports 2,901 participants - 4.4x that state average ($907M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$911M
Net Assets (End of Year)	$904M
Net Income	-$5M
Employer EIN	041045815
Plan Effective Date	1944-12-15
Filing Status	FILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Massachusetts, Inc.)

Total plan assets by year, all Blue Cross Blue Shield of Massachusetts, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	6,992	$1.8B
2023	2	6,927	$2.0B
2024	2	7,064	$2.1B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
New England Teamsters Pension Fund $9.1B · 21,786
Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
N. Atlantic States Carp. Pension Fund $5.0B · 17,166

Compare Blue Cross and Blue Shield of Massachuse… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust by total assets, not by location.

Goldman Sachs Employees' Pension Plan (NY) $905M · 1,387
Intel Minimum Pension Plan (CA) $910M · 21,211
Entergy Corporation Retirement Plan for Bargaining Employees (LA) $903M · 2,424
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan (MI) $914M · 6,430

Frequently Asked Questions

How did Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust assets move in 2023? ▼

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust held essentially flat - down 0.4% during 2023, from $911M to $907M. Reported net income was -$5M.

How have Blue Cross Blue Shield of Massachusetts, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Massachusetts, Inc.'s sponsor-wide assets grew 16.2%, from $1.8B to $2.1B.

Where does Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust rank by assets among Form 5500 filers? ▼

Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust 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 Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Goldman Sachs Employees' Pension Plan in NY ($905M, 1,387 participants).

Next read for Blue Cross and Blue Shield of Massachuse…

Filing takeaways

Ways to act on Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust's numbers.

By total assets, Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
Blue Cross Blue Shield of Massachusetts, Inc.'s sponsor-wide assets have grown 16.2% 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 041045815.