401(k) · DOL Form 5500 · 2023

Blue Cross and Blue Shield of Florida, Inc. 401(k) Plan

Data updated 2026-08-06

$1.5B
Total assets
8,600
Participants
99th
Percentile by assets
$169,285
Avg per participant
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Official DOL plan name: Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan · Sponsored by Blue Cross and Blue Shield of Florida, Inc. · Florida · Finance & Insurance

$1.5B in assets, 8,600 participants

Blue Cross and Blue Shield of Florida, Inc.'s Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan reported $1.5B in total assets and 8,600 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)
  • #8,691 in Finance & Insurance (8,852 peers)

Coverage in Florida

Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan covers 8,600 participants in Florida, 14x the typical Florida plan (state average ~631 per filing). Assets: $1.5B.

$1.5B
total plan assets (2023 EOY)
8,600
covered participants
99th
percentile by assets (of 126,618 plans)
$169,285
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan reported net income rose from -$230M in the plan year 2022 filing to $267M in the plan year 2023 filing.
  • Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan reported participants rose from 8,509 in the plan year 2022 filing to 8,600 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan reports 8,600 participants - 14x that state average ($1.5B EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.5B
Net Income$267M
Employer EIN592015694
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

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

$1.6B$1.8B$2B$2.2B 202220232024 $1.68B $2.14B ▲ +27.4%
Total plan assets by year, all Blue Cross and Blue Shield of Florida, Inc. plans on file
Year Plans Participants Total Assets
2022 2 11,033 $1.7B
2023 2 10,948 $2.0B
2024 2 11,140 $2.1B

Nearby 401(k) Plans in Florida

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

Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Blue Cross and Blue …L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan

Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan reports $1.5B in end-of-year assets across 8,600 participants (0.013% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $169,285 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $267M.

This plan identity (EIN 592015694, 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 (+40.9%) while covered participants moved from 8,509 to 8,959 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,509 $1.2B Open filing
2023 8,600 $1.5B This page
2024 · index core 8,959 $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 Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan assets move in 2023?
Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan grew sharply - up 22.5% during 2023, from $1.2B to $1.5B. Reported net income was $267M.
How have Blue Cross and Blue Shield of Florida, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of Florida, Inc.'s sponsor-wide assets grew 27.4%, from $1.7B to $2.1B.
Where does Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings 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 Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ss&c Technologies, Inc. 401(k) Retirement Savings Plan in CT ($1.5B, 11,132 participants).

Next read for Blue Cross and Blue Shield of Florida, I…

Filing takeaways

Ways to act on Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings Plan's numbers.

  • By total assets, Blue Cross and Blue Shield of Florida, Inc. 401(k) Retirement Savings 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 Florida. Compare plans
  • Blue Cross and Blue Shield of Florida, Inc.'s sponsor-wide assets have grown 27.4% since 2022 across 3 plan years on file. More Finance & Insurance plans