401(k) · DOL Form 5500 · 2024

Blue Cross Blue Shield of Massachusetts, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
4,355
Participants Above avg headcount
99th
Percentile by assets National rank
$277,561
Avg per participant High balance/head
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Official DOL plan name: Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan · Sponsored by Blue Cross Blue Shield of Massachusetts, Inc. · Massachusetts · Finance & Insurance

$1.2B in assets, 4,355 participants

Blue Cross Blue Shield of Massachusetts, Inc.'s Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan reported $1.2B in total assets and 4,355 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.

  • #8,337 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan covers 4,355 participants in Massachusetts, 6.6x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.2B.

#8,337
in Finance & Insurance (8,549 peers)
+15.2%
assets growth YoY
12×
vs typical plan assets (national mean)

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan's outsized position by total assets

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan vs every filed plan by assets

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

$1,208,780,161 Top 1% higher than 99% 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 Cross and Blue Shield of Massachusetts, Inc. Employee Savings 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 Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan lands in the large band (4,355 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
  • Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan reported participants rose from 4,026 in the plan year 2023 filing to 4,355 in the plan year 2024 filing.
  • Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan reported net income fell from $173M in the plan year 2023 filing to $160M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 041045815 · Blue Cross Blue Shield of Massachusetts, Inc. PY 2024 · 401(k)

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan · $1.2B · 4,355 · 99th

  • BOOK $1.2B
  • VS-ST 4,355
  • BOY 99th
  • SCH 401(k)
  • EBSA near Cslb Holdings Inc. 401(k) Plan
  • PART ind #8337

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 Massachusetts →

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan in the asset neighbourhood

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings PlanBlue Cross and Blue Shield o…$1.2BCslb Holdings Inc. 401(k) PlanCslb Holdings Inc. 401(k) Pl…$1.2BWoodside Energy USA Services Inc. Retirement Savings PlanWoodside Energy USA Services…$1.2BCitadel Retirement Savings PlanCitadel Retirement Savings P…$1.2BLexmark Savings Plan$1.2B
End-of-year total assets ($B) among Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.2B
Net Income$160M
Employer EIN041045815
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Massachusetts, Inc.)

Sponsor-wide plan assets over time

All Blue Cross Blue Shield of Massachusetts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 16.187976712569725% vs 2022
2024 filing year
$1.7B$1.8B$1.9B$2B$2.1B$2.2B 202220232024 $1.79B $2.08B ▲ +16.2%
Year Plans Participants Total Assets
2022 2 6,992 $1.8B
2023 2 6,927 $2.0B
2024 2 7,064 $2.1B

Nearby 401(k) Plans in Massachusetts

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

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan, Total assets ($B): 1.208780161 · Participants: 4355Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan side-by-side with 3 peers →

Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Cslb Holdings Inc. 401(k) Plan in PA ($1.2B); by covered participants it is Parade Enterprises LLC, 401(k) Plan in NJ (4,356 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,355 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 Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan assets move in 2024? ▼
Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan grew sharply - up 15.2% during 2024, from $1.0B to $1.2B. Reported net income was $160M.
How have Blue Cross Blue Shield of Massachusetts, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Massachusetts, Inc.'s sponsor-wide assets grew 16.2%, from $1.8B to $2.1B.
Where does Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan rank by assets among Form 5500 filers? ▼
Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 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 Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cslb Holdings Inc. 401(k) Plan in PA ($1.2B, 18,666 participants).
Which 401(k) plans cover a similar participant headcount to Blue Cross and Blue Shield of Massachusetts, Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Parade Enterprises LLC, 401(k) Plan in NJ (4,356 participants, $566K 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 041045815.

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.