401(k) · DOL Form 5500 · 2023

Blue Cross and Blue Shield of North Carolina 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
5,138
Participants Above avg headcount
99th
Percentile by assets National rank
$247,326
Avg per participant Above avg balance/head
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Official DOL plan name: Blue Cross and Blue Shield of North Carolina 401(k) Plan · Sponsored by Blue Cross and Blue Shield of North Carolina · North Carolina · Finance & Insurance

$1.3B in assets, 5,138 participants

Blue Cross and Blue Shield of North Carolina's Blue Cross and Blue Shield of North Carolina 401(k) Plan reported $1.3B in total assets and 5,138 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,682 in Finance & Insurance (8,869 peers)

Coverage in North Carolina

Blue Cross and Blue Shield of North Carolina 401(k) Plan covers 5,138 participants in North Carolina, 6.3x the typical North Carolina plan (state average ~819 per filing). Assets: $1.3B.

#8,682
in Finance & Insurance (8,869 peers)
+16.4%
assets growth YoY
13×
vs typical plan assets (national mean)

Blue Cross and Blue Shield of North Carolina 401(k) Plan's outsized position by total assets

Blue Cross and Blue Shield of North Carolina 401(k) Plan vs every filed plan by assets

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

$1,270,759,852 Top 1% higher than 99% 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 and Blue Shield of North Carolina 401(k) 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 and Blue Shield of North Carolina 401(k) Plan lands in the large band (5,138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blue Cross and Blue Shield of North Carolina 401(k) Plan reported net income rose from -$178M in the plan year 2022 filing to $179M in the plan year 2023 filing.
  • Blue Cross and Blue Shield of North Carolina 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • Blue Cross and Blue Shield of North Carolina 401(k) Plan reported participants rose from 5,029 in the plan year 2022 filing to 5,138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 560894904 · Blue Cross and Blue Shield of North Carolina PY 2023 · 401(k)

Blue Cross and Blue Shield of North Carolina 401(k) Plan · $1.3B · 5,138 · 99th

  • ASSETS $1.3B
  • PCT 5,138
  • EIN 99th
  • RANK 401(k)
  • PHOTO near Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan
  • IND ind #8682

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 North Carolina →

Blue Cross and Blue Shield of North Carolina 401(k) Plan in the asset neighbourhood

Blue Cross and Blue Shield of North Carolina 401(k) PlanBlue Cross and Blue Shield o…$1.3BFedex Office and Print Services, Inc. 401(k) Retirement Savings PlanFedex Office and Print Servi…$1.3BMorrison & Foerster LLP Retirement Plan Part IMorrison & Foerster LLP Reti…$1.3BTransunion 401(k) & Savings PlanTransunion 401(k) & Savings …$1.3BOlin Corporation Contributing Employee Ownership PlanOlin Corporation Contributin…$1.3B
End-of-year total assets ($B) among Blue Cross and Blue Shield of North Carolina 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.3B
Net Income$179M
Employer EIN560894904
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield of North Carolina)

Sponsor-wide plan assets over time

All Blue Cross and Blue Shield of North Carolina plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 30.15328907813077% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.09B $1.42B ▲ +30.3%
Year Plans Participants Total Assets
2022 3 6,108 $1.1B
2023 2 5,272 $1.3B
2024 2 5,693 $1.4B

Nearby 401(k) Plans in North Carolina

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

Blue Cross and Blue Shield of North Carolina 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Blue Cross and Blue Shield of North Carolina 401(k) Plan, Total assets ($B): 1.270759852 · Participants: 5138Blue Cross and Blue Shield of North Carolina 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Blue Cross and Blue Shield of North Carolina 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Blue Cross and Blue Shield of North Carolina 401(k) Plan side-by-side with 3 peers →

Scale composition for Blue Cross and Blue Shield of North Carolina 401(k) Plan

Blue Cross and Blue Shield of North Carolina 401(k) Plan reports $1.3B in end-of-year assets across 5,138 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $247,326 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2023 was $179M.

This plan identity (EIN 560894904, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.4B (+30.2%) while covered participants moved from 5,029 to 5,572 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,029 $1.1B Open filing
2023 5,138 $1.3B This page
2024 · index core 5,572 $1.4B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Blue Cross and Blue Shield of North Carolina 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan in TX ($1.3B); by covered participants it is Premise Health 401(k) Plan in TN (5,138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,138 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 and Blue Shield of North Carolina 401(k) Plan assets move in 2023? ▼
Blue Cross and Blue Shield of North Carolina 401(k) Plan grew sharply - up 16.4% during 2023, from $1.1B to $1.3B. Reported net income was $179M.
How have Blue Cross and Blue Shield of North Carolina plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of North Carolina's sponsor-wide assets grew 30.2%, from $1.1B to $1.4B.
Where does Blue Cross and Blue Shield of North Carolina 401(k) Plan rank by assets among Form 5500 filers? ▼
Blue Cross and Blue Shield of North Carolina 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Blue Cross and Blue Shield of North Carolina 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan in TX ($1.3B, 13,831 participants).
Which 401(k) plans cover a similar participant headcount to Blue Cross and Blue Shield of North Carolina 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Premise Health 401(k) Plan in TN (5,138 participants, $339M 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 560894904.

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.