401(k) · DOL Form 5500 · 2023

Blue Cross Blue Shield of Michigan 401(k) Plan

Data updated 2026-08-25

$111M
Total assets Near avg plan size
1,352
Participants Near avg headcount
92nd
Percentile by assets National rank
$81,766
Avg per participant Below avg balance/head
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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.

  • #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.

#7,771
in Finance & Insurance (8,869 peers)
+7.6%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan's outsized position 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

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' Savings 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' Savings Plan lands in the large band (1,352 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Plan-year Form 5500 strip

Filing strip 382069753 · Blue Cross Blue Shield of Michigan PY 2023 · 401(k)

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan · $111M · 1,352 · 92nd

  • ASSETS $111M
  • ASSETS 1,352
  • ASSETS 92nd
  • ASSETS 401(k)
  • ASSETS near Larry H. Miller Associates Retirement Plan
  • ASSETS ind #7771

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' Savings Plan in the asset neighbourhood

U.a. Local No. 447 Defined Contribution Plan and TrustU.a. Local No. 447 Defined C…$111MBlue Cross Blue Shield of Michigan Represented Employees' Savings PlanBlue Cross Blue Shield of Mi…$111MLarry H. Miller Associates Retirement PlanLarry H. Miller Associates R…$111MPrudential Overall Supply Profit Sharing and Retirement PlanPrudential Overall Supply Pr…$111MRobertson's Ltd. 401(k) Plan$111M
End-of-year total assets ($M) among Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$103M
Net Assets (End of Year)$111M
Net Income$10M
Employer EIN382069753
Plan Effective Date1985-04-01
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 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 Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan, Total assets ($B): 0.110547573 · Participants: 1352Blue Cross Blue Shield of Michigan Represented Employees' Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Larry H. Miller Associates Retirement Plan in UT ($111M); by covered participants it is Alter Domus 401(k) Plan in IL (1,352 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,352 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' 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).
Which 401(k) plans cover a similar participant headcount to Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alter Domus 401(k) Plan in IL (1,352 participants, $88M in assets).