Defined Benefit (Pension) · DOL Form 5500 · 2024

Independence Blue Cross, LLC Pension Plan

Data updated 2026-08-25

$687M
Total assets Above avg plan size
1,245
Participants Near avg headcount
98th
Percentile by assets National rank
$551,880
Avg per participant High balance/head
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Official DOL plan name: Pension Plan of Independence Blue Cross · Sponsored by Independence Blue Cross, LLC · Pennsylvania · Finance & Insurance

$687M in assets, 1,245 participants

Independence Blue Cross, LLC's Pension Plan of Independence Blue Cross reported $687M in total assets and 1,245 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.

  • #8,215 in Finance & Insurance (8,549 peers)

Where Pension Plan of Independence Blue Cross sits by assets

Pension Plan of Independence Blue Cross sits in the top 5% of all filed plans by assets, $687M for 1,245 participants (~$551,880/participant), down 2.5% in 2024.

#8,215
in Finance & Insurance (8,549 peers)
-2.5%
assets change YoY
6.9×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan of Independence Blue Cross's outsized position by total assets

Pension Plan of Independence Blue Cross vs every filed plan by assets

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

$687,090,892 Top 2% higher than 98% 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

Pension Plan of Independence Blue Cross'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. Pension Plan of Independence Blue Cross lands in the large band (1,245 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Plan of Independence Blue Cross reported net income fell from $3M in the plan year 2023 filing to -$18M in the plan year 2024 filing.
  • Pension Plan of Independence Blue Cross reported participants fell from 1,292 in the plan year 2023 filing to 1,245 in the plan year 2024 filing.
  • Pension Plan of Independence Blue Cross end-of-year assets fell from $705M in the plan year 2023 filing to $687M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 463867722 · Independence Blue Cross, LLC PY 2024 · Defined Benefit (Pension)

Pension Plan of Independence Blue Cross · $687M · 1,245 · 98th

  • PCT $687M
  • PCT 1,245
  • PCT 98th
  • PCT Defined Benefit (Pension)
  • PCT near Sharpsaver Retirement Plan
  • PCT ind #8215

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 Pennsylvania →

Pension Plan of Independence Blue Cross in the asset neighbourhood

Bwxt Retirement Plan$688MPension Plan of Independence Blue CrossPension Plan of Independence…$687MSharpsaver Retirement Plan$687MIron Workers District Council of New England Pension FundIron Workers District Counci…$683MPension Plan for Certain Inactive Participants of American Water Works Company, Inc. and Its DesignaPension Plan for Certain Ina…$682M
End-of-year total assets ($M) among Pension Plan of Independence Blue Cross and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$705M
Net Assets (End of Year)$686M
Net Income-$18M
Employer EIN463867722
Plan Effective Date1962-10-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Independence Blue Cross, LLC)

Sponsor-wide plan assets over time

All Independence Blue Cross, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 6.226697946567808% vs 2022
2024 filing year
$1.45B$1.5B$1.55B$1.6B$1.65B$1.7B 202220232024 $1.51B $1.61B ▲ +6.6%
Year Plans Participants Total Assets
2022 2 5,263 $1.5B
2023 2 5,347 $1.7B
2024 2 5,530 $1.6B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Pension Plan of Independence Blue Cross vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Pension Plan of Independence Blue Cross, Total assets ($B): 0.687090892 · Participants: 1245Pension Plan of Independence Blue CrossNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Pension Plan of Independence Blue Cross vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Pension Plan of Independence Blue Cross side-by-side with 3 peers →

Pension Plan of Independence Blue Cross's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Sharpsaver Retirement Plan in CA ($687M); by covered participants it is Pension Fund of Cement Masons Union Local No. 502 in IL (1,243 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,245 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 Pension Plan of Independence Blue Cross assets move in 2024? ▼
Pension Plan of Independence Blue Cross edged down modestly - down 2.5% during 2024, from $705M to $687M. Reported net income was -$18M.
How have Independence Blue Cross, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independence Blue Cross, LLC's sponsor-wide assets grew 6.2%, from $1.5B to $1.6B.
Where does Pension Plan of Independence Blue Cross rank by assets among Form 5500 filers? ▼
Pension Plan of Independence Blue Cross 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 Defined Benefit (Pension) plans are similar in size to Pension Plan of Independence Blue Cross? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sharpsaver Retirement Plan in CA ($687M, 13,524 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of Independence Blue Cross? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Fund of Cement Masons Union Local No. 502 in IL (1,243 participants, $541M 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 463867722.

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.