Defined Benefit (Pension) · DOL Form 5500 · 2023

Blue Cross Blue Shield of Michigan Pension Plan

Data updated 2026-08-25

$914M
Total assets Above avg plan size
6,430
Participants Above avg headcount
98th
Percentile by assets National rank
$142,149
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

$914M in assets, 6,430 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan reported $914M in total assets and 6,430 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.

  • #8,626 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan covers 6,430 participants in Michigan, 10x the typical Michigan plan (state average ~638 per filing). Assets: $914M.

#8,626
in Finance & Insurance (8,869 peers)
+3.5%
assets growth YoY
9.2×
vs typical plan assets (national mean)

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan's outsized position by total assets

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan vs every filed plan by assets

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

$914,016,654 Top 2% higher than 98% 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 Blue Shield of Michigan Employees' Retirement Account 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 Cross Blue Shield of Michigan Employees' Retirement Account Plan lands in the large band (6,430 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan reported net income rose from -$95M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan end-of-year assets rose from $883M in the plan year 2022 filing to $914M in the plan year 2023 filing.
  • Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan reported participants fell from 6,601 in the plan year 2022 filing to 6,430 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 382069753 · Blue Cross Blue Shield of Michigan PY 2023 · Defined Benefit (Pension)

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan · $914M · 6,430 · 98th

  • EBSA $914M
  • PART 6,430
  • TYPE 98th
  • NET Defined Benefit (Pension)
  • BOOK near Rush Retirement Plan
  • VS-ST ind #8626

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 Michigan →

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan in the asset neighbourhood

Honeywell Retirement Earnings Plan for Aerospace Employees of Honeywell Federal Manufacturing & Technologies, LLCHoneywell Retirement Earning…$918MLand O'lakes, Inc. Employee Retirement PlanLand O'lakes, Inc. Employee …$916MMeba Pension Trust-Defined Benefit PlanMeba Pension Trust-Defined B…$916MRush Retirement Plan$916MBlue Cross Blue Shield of Michigan Employees' Retirement Account PlanBlue Cross Blue Shield of Mi…$914M
End-of-year total assets ($M) among Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$883M
Net Assets (End of Year)$914M
Net Income$31M
Employer EIN382069753
Plan Effective Date1948-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

Sponsor-wide plan assets over time

All Blue Cross Blue Shield of Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$3.2B 16.407909383637403% vs 2022
2024 filing year
$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.73B $3.18B ▲ +16.5%
Year Plans Participants Total Assets
2022 4 15,548 $2.7B
2023 4 15,287 $3.0B
2024 4 16,052 $3.2B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 50001000015000200002500030000 -1001020304050 Total assets ($B) Participants Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan, Total assets ($B): 0.914016654 · Participants: 6430Blue Cross Blue Shield of Michigan Employees' Retirement Account PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan side-by-side with 3 peers →

Scale composition for Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan reports $914M in end-of-year assets across 6,430 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $142,149 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was $31M.

This plan identity (EIN 382069753, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $883M to $893M (+1.2%) while covered participants moved from 6,601 to 6,733 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,601 $883M Open filing
2023 6,430 $914M This page
2024 · index core 6,733 $893M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Rush Retirement Plan in IL ($916M); by covered participants it is Twin City Carpenters and Joiners Pension Fund in MN (6,412 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,430 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 Blue Shield of Michigan Employees' Retirement Account Plan assets move in 2023? ▼
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan edged up modestly - up 3.5% during 2023, from $883M to $914M. Reported net income was $31M.
How have Blue Cross Blue Shield of Michigan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Michigan's sponsor-wide assets grew 16.4%, from $2.7B to $3.2B.
Where does Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan rank by assets among Form 5500 filers? ▼
Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan 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 Blue Shield of Michigan Employees' Retirement Account Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Rush Retirement Plan in IL ($916M, 10,468 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Twin City Carpenters and Joiners Pension Fund in MN (6,412 participants, $1.9B 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 382069753.

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.