Defined Benefit (Pension) · DOL Form 5500 · 2024

California Physicians Service Dba Blue Shield of California Pension Plan

Data updated 2026-08-25

$562M
Total assets Above avg plan size
2,472
Participants Above avg headcount
97th
Percentile by assets National rank
$227,197
Avg per participant Above avg balance/head
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Official DOL plan name: Blue Shield of California Employees Retirement Plan · Sponsored by California Physicians Service Dba Blue Shield of California · California · Finance & Insurance

$562M in assets, 2,472 participants

California Physicians Service Dba Blue Shield of California's Blue Shield of California Employees Retirement Plan reported $562M in total assets and 2,472 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,161 in Finance & Insurance (8,549 peers)

Coverage in California

Blue Shield of California Employees Retirement Plan covers 2,472 participants in California, 3.9x the typical California plan (state average ~630 per filing). Assets: $562M.

#8,161
in Finance & Insurance (8,549 peers)
-0.7%
assets change YoY
5.6×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Shield of California Employees Retirement Plan's outsized position by total assets

Blue Shield of California Employees Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$561,630,631 Top 3% higher than 97% of 123,620 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 2024

Blue Shield of California Employees Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Blue Shield of California Employees Retirement Plan lands in the large band (2,472 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Shield of California Employees Retirement Plan reported net income fell from $36M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Blue Shield of California Employees Retirement Plan reported participants fell from 2,766 in the plan year 2023 filing to 2,472 in the plan year 2024 filing.
  • Blue Shield of California Employees Retirement Plan end-of-year assets fell from $566M in the plan year 2023 filing to $562M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 940360524 · California Physicians Service Dba Blue Shield of California PY 2024 · Defined Benefit (Pension)

Blue Shield of California Employees Retirement Plan · $562M · 2,472 · 97th

  • EOY $562M
  • 5500 2,472
  • ASSETS 97th
  • PCT Defined Benefit (Pension)
  • EIN near Teamsters Local 641 Pension Fund
  • RANK ind #8161

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 California →

Blue Shield of California Employees Retirement Plan in the asset neighbourhood

Iron Workers' Local No. 25 Pension FundIron Workers' Local No. 25 P…$565MTeamsters Local 641 Pension FundTeamsters Local 641 Pension …$562MBlue Shield of California Employees Retirement PlanBlue Shield of California Em…$562MI.U.O.E. Local 132 Pension FundI.U.O.E. Local 132 Pension F…$559MPension Plan for International Officers, Representatives and Assistants of the Intl Brotherhood of Electrical WorkersPension Plan for Internation…$559M
End-of-year total assets ($M) among Blue Shield of California Employees Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$566M
Net Assets (End of Year)$561M
Net Income-$1M
Employer EIN940360524
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (California Physicians Service Dba Blue Shield of California)

Sponsor-wide plan assets over time

All California Physicians Service Dba Blue Shield of California plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 32.467653318004395% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.69B $2.24B ▲ +32.5%
Year Plans Participants Total Assets
2022 2 11,173 $1.7B
2023 2 10,587 $2.0B
2024 2 9,714 $2.2B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Blue Shield of California Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Blue Shield of California Employees Retirement Plan, Total assets ($B): 0.561630631 · Participants: 2472Blue Shield of California Employees Retirement PlanKaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanIlwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension Plan
Blue Shield of California Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Blue Shield of California Employees Retirement Plan side-by-side with 3 peers →

Blue Shield of California Employees Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Teamsters Local 641 Pension Fund in NJ ($562M); by covered participants it is Owens Corning Merged Retirement Plan in OH (2,475 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,472 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Blue Shield of California Employees Retirement Plan assets move in 2024? ▼
Blue Shield of California Employees Retirement Plan held essentially flat - down 0.7% during 2024, from $566M to $562M. Reported net income was -$1M.
How have California Physicians Service Dba Blue Shield of California plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), California Physicians Service Dba Blue Shield of California's sponsor-wide assets grew 32.5%, from $1.7B to $2.2B.
Where does Blue Shield of California Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Blue Shield of California Employees Retirement Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Blue Shield of California Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Local 641 Pension Fund in NJ ($562M, 313 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Blue Shield of California Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Owens Corning Merged Retirement Plan in OH (2,475 participants, $337M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 940360524.

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.