401(k) · DOL Form 5500 · 2024

Blue Cross Blue Shield of Alabama 401(k) Plan

Data updated 2026-08-11

$880M
Total assets: 4,291
Participants: 98th
Percentile by assets: $205,171
Avg per participant

Official DOL plan name: Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan · Sponsored by Blue Cross Blue Shield of Alabama · Alabama · Finance & Insurance

$880M in assets, 4,291 participants

Blue Cross Blue Shield of Alabama's Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan reported $880M in total assets and 4,291 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 123,622 plans)
#8,272 in Finance & Insurance (8,549 peers)

Coverage in Alabama

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan covers 4,291 participants in Alabama, 12x the typical Alabama plan (state average ~360 per filing). Assets: $880M.

$880M
total plan assets (2024 EOY): 4,291
covered participants: 98th
percentile by assets (of 123,622 plans): $205,171
avg assets per participant

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan end-of-year assets rose from $757M in the plan year 2023 filing to $880M in the plan year 2024 filing.
Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan reported participants rose from 4,012 in the plan year 2023 filing to 4,291 in the plan year 2024 filing.
Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan reported net income fell from $132M in the plan year 2023 filing to $123M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Alabama

Industry

Finance & Insurance

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan reports 4,291 participants - 12x that state average ($880M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)	$757M
Net Assets (End of Year)	$880M
Net Income	$123M
Employer EIN	630103830
Plan Effective Date	1985-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Alabama)

Total plan assets by year, all Blue Cross Blue Shield of Alabama plans on file

Year	Plans	Participants	Total Assets
2022	2	6,241	$1.3B
2023	2	6,026	$1.5B
2024	2	6,246	$1.6B

Nearby 401(k) Plans in Alabama

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

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Regions Financial Corporation 401(k) Plan $3.2B · 20,783
Encompass Health Corporation 401(k) Retirement Plan $1.7B · 29,454
Hexagon Employee Retirement Savings Plan $1.7B · 4,638
Vulcan 401(k) Plan $1.5B · 8,628
Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.2B · 6,167

Compare Blue Cross and Blue Shield of Al 401(k) … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan by total assets, not by location.

Entegris, Inc. 401(k) Retirement Savings Plan (MA) $881M · 3,490
Concentrix Retirement and Savings Plan (OH) $880M · 16,747
The Associated Press 401(k) Retirement Savings Plan (NY) $881M · 1,360
Forvis Mazars, LLP Employees Savings Plan II (MO) $881M · 2,951

Frequently Asked Questions

How did Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan assets move in 2024? ▼

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan grew sharply - up 16.2% during 2024, from $757M to $880M. Reported net income was $123M.

How have Blue Cross Blue Shield of Alabama plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Alabama's sponsor-wide assets grew 24.3%, from $1.3B to $1.6B.

Where does Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan rank by assets among Form 5500 filers? ▼

Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan ranks in the 98th 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 401(k) plans are similar in size to Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan? ▼

Among 401(k) plans in other states, the closest by assets is Entegris, Inc. 401(k) Retirement Savings Plan in MA ($881M, 3,490 participants).

Next read for Blue Cross and Blue Shield of Al 401(k) …

Filing takeaways

Ways to act on Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan's numbers.

By total assets, Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
Blue Cross Blue Shield of Alabama's sponsor-wide assets have grown 24.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 630103830.