Defined Benefit (Pension) · DOL Form 5500 · 2023

Blue Cross Blue Shield of Michigan Pension Plan

Data updated 2026-08-25

$669M
Total assets Above avg plan size
1,499
Participants Near avg headcount
98th
Percentile by assets National rank
$446,350
Avg per participant High balance/head
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Official DOL plan name: Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

$669M in assets, 1,499 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reported $669M in total assets and 1,499 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.

  • #8,546 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan covers 1,499 participants in Michigan, 2.4x the typical Michigan plan (state average ~638 per filing). Assets: $669M.

#8,546
in Finance & Insurance (8,869 peers)
+1.9%
assets growth YoY
6.7×
vs typical plan assets (national mean)

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

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

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

$669,079,124 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 Represented Employees' Retirement Income 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 Represented Employees' Retirement Income Plan lands in the large band (1,499 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reported net income rose from -$92M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reported participants fell from 1,612 in the plan year 2022 filing to 1,499 in the plan year 2023 filing.
  • Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan end-of-year assets rose from $656M in the plan year 2022 filing to $669M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

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

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan · $669M · 1,499 · 98th

  • PART $669M
  • PART 1,499
  • PART 98th
  • PART Defined Benefit (Pension)
  • PART near Howard University Employees' Retirement Plan
  • PART ind #8546

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 Represented Employees' Retirement Income Plan in the asset neighbourhood

Joint Pension Fund of Local Union No 102Joint Pension Fund of Local …$672MBlue Cross Blue Shield of Michigan Represented Employees' Retirement Income PlanBlue Cross Blue Shield of Mi…$669MHoward University Employees' Retirement PlanHoward University Employees'…$669MShriners Hospitals for Children Employees' Retirement PlanShriners Hospitals for Child…$668MGroup Retirement Income Plan No. 8Group Retirement Income Plan…$668M
End-of-year total assets ($M) among Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$656M
Net Assets (End of Year)$669M
Net Income$13M
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 Represented Employees' Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan, Total assets ($B): 0.669079124 · Participants: 1499Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income 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 Represented Employees' Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Howard University Employees' Retirement Plan in DC ($669M); by covered participants it is Cambia Health Solutions Retirement Plan in OR (1,501 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($669M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,499 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 Represented Employees' Retirement Income Plan assets move in 2023?
Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan edged up modestly - up 1.9% during 2023, from $656M to $669M. Reported net income was $13M.
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 Represented Employees' Retirement Income Plan rank by assets among Form 5500 filers?
Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income 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 Represented Employees' Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Howard University Employees' Retirement Plan in DC ($669M, 907 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cambia Health Solutions Retirement Plan in OR (1,501 participants, $456M in assets).