401(k) · DOL Form 5500 · 2024

Blue Cross Blue Shield of Tennessee 401(k) Plan

Data updated 2026-08-06

$1.3B
Total assets
6,596
Participants
99th
Percentile by assets
$191,564
Avg per participant
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Official DOL plan name: Bluecross Blueshield of Tennessee Employee Retirement Savings Program · Sponsored by Blue Cross Blue Shield of Tennessee · Tennessee · Finance & Insurance

$1.3B in assets, 6,596 participants

Blue Cross Blue Shield of Tennessee's Bluecross Blueshield of Tennessee Employee Retirement Savings Program reported $1.3B in total assets and 6,596 participants in its 2024 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.

  • 99th percentile by assets (of 116,472 plans)
  • #8,042 in Finance & Insurance (8,240 peers)

Coverage in Tennessee

Bluecross Blueshield of Tennessee Employee Retirement Savings Program covers 6,596 participants in Tennessee, 5.9x the typical Tennessee plan (state average ~1,122 per filing). Assets: $1.3B.

$1.3B
total plan assets (2024 EOY)
6,596
covered participants
99th
percentile by assets (of 116,472 plans)
$191,564
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bluecross Blueshield of Tennessee Employee Retirement Savings Program reported net income fell from $160M in the plan year 2023 filing to $135M in the plan year 2024 filing.
  • Bluecross Blueshield of Tennessee Employee Retirement Savings Program end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
  • Bluecross Blueshield of Tennessee Employee Retirement Savings Program reported participants rose from 6,244 in the plan year 2023 filing to 6,596 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,122 participants across 2,228 plans. Bluecross Blueshield of Tennessee Employee Retirement Savings Program reports 6,596 participants - 5.9x that state average ($1.3B EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.3B
Net Income$135M
Employer EIN620427913
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Tennessee)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.97B $1.26B ▲ +29.9%
Total plan assets by year, all Blue Cross Blue Shield of Tennessee plans on file
Year Plans Participants Total Assets
2022 2 7,827 $969M
2023 1 6,244 $1.1B
2024 1 6,596 $1.3B

Nearby 401(k) Plans in Tennessee

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

Bluecross Blueshield of Tennessee Employee Retirement Savings Program vs. nearby 401(k) plans in Tennessee, assets vs. participants

Bluecross Blueshield of Tennessee Employee Retirement Savings Program vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 0102030 Total assets ($B) Participants Bluecross Blueshield…Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Bluecross Blueshield of Tennessee Employee Retirement Savings Program vs. nearby 401(k) plans in Tennessee, assets vs. participants

Scale composition for Bluecross Blueshield of Tennessee Employee Retirement Savings Program

Bluecross Blueshield of Tennessee Employee Retirement Savings Program reports $1.3B in end-of-year assets across 6,596 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $191,564 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2024 was $135M.

This plan identity (EIN 620427913, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $896M to $1.3B (+41.0%) while covered participants moved from 6,253 to 6,596 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,253 $896M Open filing
2023 6,244 $1.1B Open filing
2024 · index core 6,596 $1.3B This page

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bluecross Blueshield of Tennessee Employee Retirement Savings Program by total assets, not by location.

Frequently Asked Questions

How did Bluecross Blueshield of Tennessee Employee Retirement Savings Program assets move in 2024?
Bluecross Blueshield of Tennessee Employee Retirement Savings Program grew at a solid clip - up 11.9% during 2024, from $1.1B to $1.3B. Reported net income was $135M.
How have Blue Cross Blue Shield of Tennessee plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Tennessee's sponsor-wide assets grew 30.4%, from $969M to $1.3B.
Where does Bluecross Blueshield of Tennessee Employee Retirement Savings Program rank by assets among Form 5500 filers?
Bluecross Blueshield of Tennessee Employee Retirement Savings Program ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Bluecross Blueshield of Tennessee Employee Retirement Savings Program?
Among 401(k) plans in other states, the closest by assets is Midamerican Energy Company Retirement Savings Plan in IA ($1.3B, 5,052 participants).

Next read for Bluecross Blueshield of Tennessee Employ…

Filing takeaways

Ways to act on Bluecross Blueshield of Tennessee Employee Retirement Savings Program's numbers.

  • By total assets, Bluecross Blueshield of Tennessee Employee Retirement Savings Program ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
  • Blue Cross Blue Shield of Tennessee's sponsor-wide assets have grown 30.4% since 2022 across 3 plan years on file. More Finance & Insurance plans