401(k) · DOL Form 5500 · 2023

Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$106M
Total assets Near avg plan size
486
Participants Below avg headcount
92nd
Percentile by assets National rank
$219,099
Avg per participant Above avg balance/head
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Official DOL plan name: Tax Favored Savings Program · Sponsored by Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company · Mississippi · Finance & Insurance

$106M in assets, 486 participants

Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company's Tax Favored Savings Program reported $106M in total assets and 486 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.

  • #7,740 in Finance & Insurance (8,869 peers)

Where Tax Favored Savings Program sits by assets

Tax Favored Savings Program sits in the top 10% of all filed plans by assets, $106M for 486 participants (~$219,099/participant), up 18.0% in 2023.

#7,740
in Finance & Insurance (8,869 peers)
+18.0%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Tax Favored Savings Program's outsized position by total assets

Tax Favored Savings Program vs every filed plan by assets

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

$106,482,093 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

Tax Favored Savings Program among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tax Favored Savings Program sits mid-pack in the medium band (486 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tax Favored Savings Program reported net income rose from -$25M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Tax Favored Savings Program end-of-year assets rose from $88M in the plan year 2022 filing to $106M in the plan year 2023 filing.
  • Tax Favored Savings Program reported participants fell from 503 in the plan year 2022 filing to 486 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 640295748 · Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company PY 2023 · 401(k)

Tax Favored Savings Program · $106M · 486 · 92nd

  • EBSA $106M
  • PART 486
  • TYPE 92nd
  • NET 401(k)
  • BOOK near Physicians East PA Profit Sharing Plan & Trust
  • VS-ST ind #7740

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 Mississippi →

Tax Favored Savings Program in the asset neighbourhood

The Woodbridge Group Retirement Savings PlanThe Woodbridge Group Retirem…$107MTax Favored Savings Program$106MPhysicians East PA Profit Sharing Plan & TrustPhysicians East PA Profit Sh…$106MBricker & Eckler LLP 401(k) PlanBricker & Eckler LLP 401(k) …$106MMckool Smith 401(k) Savings PlanMckool Smith 401(k) Savings …$106M
End-of-year total assets ($M) among Tax Favored Savings Program and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$106M
Net Income$16M
Employer EIN640295748
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company)

Sponsor-wide plan assets over time

All Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$254M 0.38129135402992415% vs 2022
2024 filing year
$250M$260M$270M$280M 202220232024 $253M $254M ▲ +0.4%
Year Plans Participants Total Assets
2022 2 686 $253M
2023 2 652 $270M
2024 2 653 $254M

Nearby 401(k) Plans in Mississippi

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

Tax Favored Savings Program vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 02004006008001000 Total assets ($M) Participants Tax Favored Savings Program, Total assets ($M): 106.482093 · Participants: 486Tax Favored Savings ProgramCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) Plan
Tax Favored Savings Program vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Tax Favored Savings Program side-by-side with 3 peers →

Tax Favored Savings Program's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Physicians East PA Profit Sharing Plan & Trust in NC ($106M); by covered participants it is Sbera 401(k) Plan as Adopted by Middlesex Savings Bank in MA (486 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($106M here).

Similar participant headcount

Nearest other-state filings by covered participants (486 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 Tax Favored Savings Program assets move in 2023? ▼
Tax Favored Savings Program grew sharply - up 18.0% during 2023, from $90M to $106M. Reported net income was $16M.
How have Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company's sponsor-wide assets grew 0.4%, from $253M to $254M.
Where does Tax Favored Savings Program rank by assets among Form 5500 filers? ▼
Tax Favored Savings Program 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 Tax Favored Savings Program? ▼
Among 401(k) plans in other states, the closest by assets is Physicians East PA Profit Sharing Plan & Trust in NC ($106M, 483 participants).
Which 401(k) plans cover a similar participant headcount to Tax Favored Savings Program? ▼
Among 401(k) plans in other states, the closest by covered participants is Sbera 401(k) Plan as Adopted by Middlesex Savings Bank in MA (486 participants, $94M 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 640295748.

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.