Defined Benefit (Pension) · DOL Form 5500 · 2024
Carefirst, Inc. Pension Plan
Data updated 2026-08-25
- $546M
- Total assets Above avg plan size
- 1,518
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $359,410
- Avg per participant High balance/head
Official DOL plan name: Carefirst, Inc. Retirement Plan · Sponsored by Carefirst, Inc. · Maryland · Finance & Insurance
$546M in assets, 1,518 participants
Carefirst, Inc.'s Carefirst, Inc. Retirement Plan reported $546M in total assets and 1,518 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.
- #8,156 in Finance & Insurance (8,549 peers)
Where Carefirst, Inc. Retirement Plan sits by assets
Carefirst, Inc. Retirement Plan sits in the top 5% of all filed plans by assets, $546M for 1,518 participants (~$359,410/participant), down 4.8% in 2024.
- #8,156
- in Finance & Insurance (8,549 peers)
- -4.8%
- assets change YoY
- 5.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Carefirst, Inc. Retirement Plan's outsized position by total assets
Carefirst, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$545,584,000 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Carefirst, Inc. 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. Carefirst, Inc. Retirement Plan lands in the large band (1,518 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Carefirst, Inc. Retirement Plan reported net income fell from $847K in the plan year 2023 filing to -$27M in the plan year 2024 filing.
- Carefirst, Inc. Retirement Plan reported participants fell from 1,626 in the plan year 2023 filing to 1,518 in the plan year 2024 filing.
- Carefirst, Inc. Retirement Plan end-of-year assets fell from $573M in the plan year 2023 filing to $546M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 522069215 · Carefirst, Inc. PY 2024 · Defined Benefit (Pension)
Carefirst, Inc. Retirement Plan · $546M · 1,518 · 97th
- BOY $546M
- BOY 1,518
- BOY 97th
- BOY Defined Benefit (Pension)
- BOY near New Jersey Building Laborers Statewide Pension Fund
- BOY ind #8156
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 Maryland →
Carefirst, Inc. Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $573M |
|---|---|
| Net Assets (End of Year) | $545M |
| Net Income | -$27M |
| Employer EIN | 522069215 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Carefirst, Inc.)
Sponsor-wide plan assets over time
All Carefirst, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 21.57331490437219% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 7,424 | $1.3B |
| 2023 | 2 | 7,448 | $1.5B |
| 2024 | 2 | 7,452 | $1.6B |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Electrical Benefit Fund $20.4B · 332,362
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
- Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
- National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
- Major League Baseball Players Pension Plan $4.8B · 1,091
Carefirst, Inc. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Maryland, the nearest Defined Benefit (Pension) by assets is New Jersey Building Laborers Statewide Pension Fund in NJ ($546M); by covered participants it is Thermo Fisher Scientific Inc. Retirement Plan in PA (1,517 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($546M here).
- New Jersey Building Laborers Statewide Pension Fund (NJ) $546M · 2,166
- Beth Israel Lahey Health Defined Benefit Plan II (MA) $546M · 1,732
- Teledyne Technologies Incorporated Pension Plan (CA) $546M · 66
- Metal Lathers Local 46 Pension Fund (NY) $545M · 874
Similar participant headcount
Nearest other-state filings by covered participants (1,518 participants); asset peers above are excluded.
- Thermo Fisher Scientific Inc. Retirement Plan (PA) 1,517 · 1 off
- Anheuser-Busch Defined Benefit Plan (MO) 1,517 · 1 off
- Local 580 Pension Fund (NY) 1,516 · 2 off
- Kimberly-Clark Corporation Pension Plan (WI) 1,522 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.