401(k) · DOL Form 5500 · 2024

Blue Cross and Blue Shield of South Carolina 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets
11,878
Participants
99th
Percentile by assets
$122,989
Avg per participant
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Official DOL plan name: Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan · Sponsored by Blue Cross and Blue Shield of South Carolina · South Carolina · Finance & Insurance

$1.5B in assets, 11,878 participants

Blue Cross and Blue Shield of South Carolina's Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan reported $1.5B in total assets and 11,878 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.

  • 99th percentile by assets (of 123,622 plans)
  • #8,371 in Finance & Insurance (8,549 peers)

Coverage in South Carolina

Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan covers 11,878 participants in South Carolina, 32x the typical South Carolina plan (state average ~369 per filing). Assets: $1.5B.

$1.5B
total plan assets (2024 EOY)
11,878
covered participants
99th
percentile by assets (of 123,622 plans)
$122,989
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan reported net income fell from $211M in the plan year 2023 filing to $165M in the plan year 2024 filing.
  • Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
  • Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan reported participants rose from 11,348 in the plan year 2023 filing to 11,878 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan reports 11,878 participants - 32x that state average ($1.5B EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$165M
Employer EIN570287419
Plan Effective Date1983-01-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield of South Carolina)

$2.2B$2.4B$2.6B$2.8B 202220232024 $2.25B $2.66B ▲ +18.2%
Total plan assets by year, all Blue Cross and Blue Shield of South Carolina plans on file
Year Plans Participants Total Assets
2022 2 16,530 $2.2B
2023 2 15,692 $2.5B
2024 2 15,965 $2.7B

Nearby 401(k) Plans in South Carolina

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

Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 5000100001500020000 12345 Total assets ($B) Participants Blue Cross Blue Shie…Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …The Milliken Retirem…Retirement Savings P…
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Scale composition for Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan

Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan reports $1.5B in end-of-year assets across 11,878 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $122,989 per participant (89% of the national average assets-per-participant) . Net income for plan year 2024 was $165M.

This plan identity (EIN 570287419, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+34.6%) while covered participants moved from 11,881 to 11,878 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,881 $1.1B Open filing
2023 11,348 $1.3B Open filing
2024 · index core 11,878 $1.5B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan assets move in 2024?
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan grew at a solid clip - up 12.7% during 2024, from $1.3B to $1.5B. Reported net income was $165M.
How have Blue Cross and Blue Shield of South Carolina plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of South Carolina's sponsor-wide assets grew 18.5%, from $2.2B to $2.7B.
Where does Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan rank by assets among Form 5500 filers?
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction 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 Blue Shield of Sc Employee Savings and Salary Reduction Plan?
Among 401(k) plans in other states, the closest by assets is Transdigm Inc. 401(k) Plan in OH ($1.5B, 8,219 participants).

Next read for Blue Cross Blue Shield of Sc Employee Sa…

Filing takeaways

Ways to act on Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan's numbers.

  • By total assets, Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
  • Blue Cross and Blue Shield of South Carolina's sponsor-wide assets have grown 18.5% since 2022 across 3 plan years on file. More Finance & Insurance plans