401(k) · DOL Form 5500 · 2023

Blue Cross Blue Shield of Michigan 401(k) Plan

Data updated 2026-08-11

$111M
Total assets: 1,352
Participants: 92nd
Percentile by assets: $81,766
Avg per participant

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

$111M in assets, 1,352 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported $111M in total assets and 1,352 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#7,771 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan covers 1,352 participants in Michigan, 2.1x the typical Michigan plan (state average ~638 per filing). Assets: $111M.

$111M
total plan assets (2023 EOY): 1,352
covered participants: 92nd
percentile by assets (of 127,072 plans): $81,766
avg assets per participant

Where Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan sits by total assets

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

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

$110,547,573 Top 8% higher than 92% of 127,068 filed plans

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' Savings Plan reported net income rose from -$29M in the plan year 2022 filing to $10M in the plan year 2023 filing.
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported participants fell from 1,490 in the plan year 2022 filing to 1,352 in the plan year 2023 filing.
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan end-of-year assets rose from $103M in the plan year 2022 filing to $111M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Finance & Insurance

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reports 1,352 participants - 2.1x that state average ($111M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$103M
Net Assets (End of Year)	$111M
Net Income	$10M
Employer EIN	382069753
Plan Effective Date	1985-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

Total plan assets by year, all Blue Cross Blue Shield of Michigan plans on file

Year	Plans	Participants	Total Assets
2022	4	15,548	$2.7B
2023	4	15,287	$3.0B
2024	4	16,052	$3.2B

Nearby 401(k) Plans in Michigan

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

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Blue Cross Blue Shield of Michigan Repre… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan by total assets, not by location.

Larry H. Miller Associates Retirement Plan (UT) $111M · 3,700
Prudential Overall Supply Profit Sharing and Retirement Plan (CA) $111M · 1,508
U.a. Local No. 447 Defined Contribution Plan and Trust (CA) $111M · 825
Robertson's Ltd. 401(k) Plan (CA) $111M · 1,697

Frequently Asked Questions

How did Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan assets move in 2023? ▼

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan grew at a solid clip - up 7.6% during 2023, from $103M to $111M. Reported net income was $10M.

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' Savings Plan rank by assets among Form 5500 filers? ▼

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Larry H. Miller Associates Retirement Plan in UT ($111M, 3,700 participants).

Next read for Blue Cross Blue Shield of Michigan Repre…

Filing takeaways

Ways to act on Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan's numbers.

By total assets, Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Blue Cross Blue Shield of Michigan's sponsor-wide assets have grown 16.4% 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 382069753.