401(k) · DOL Form 5500 · 2024
Blue Cross & Blue Shield of Minnesota 401(k) Plan
Data updated 2026-08-25
- $885M
- Total assets Above avg plan size
- 3,066
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $288,514
- Avg per participant High balance/head
Official DOL plan name: Blue Cross and Blue Shield of Minnesota Employee Savings Plan · Sponsored by Blue Cross & Blue Shield of Minnesota · Minnesota · Finance & Insurance
$885M in assets, 3,066 participants
Blue Cross & Blue Shield of Minnesota's Blue Cross and Blue Shield of Minnesota Employee Savings Plan reported $885M in total assets and 3,066 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.
- #8,273 in Finance & Insurance (8,549 peers)
Coverage in Minnesota
Blue Cross and Blue Shield of Minnesota Employee Savings Plan covers 3,066 participants in Minnesota, 2.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $885M.
- #8,273
- in Finance & Insurance (8,549 peers)
- +10.8%
- assets growth YoY
- 8.9×
- vs typical plan assets (national mean)
Blue Cross and Blue Shield of Minnesota Employee Savings Plan's outsized position by total assets
Blue Cross and Blue Shield of Minnesota Employee Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$884,584,676 Top 2% higher than 98% 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
Blue Cross and Blue Shield of Minnesota 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 Minnesota Employee Savings Plan lands in the large band (3,066 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Blue Cross and Blue Shield of Minnesota Employee Savings Plan reported net income fell from $109M in the plan year 2023 filing to $86M in the plan year 2024 filing.
- Blue Cross and Blue Shield of Minnesota Employee Savings Plan end-of-year assets rose from $799M in the plan year 2023 filing to $885M in the plan year 2024 filing.
- Blue Cross and Blue Shield of Minnesota Employee Savings Plan reported participants rose from 3,053 in the plan year 2023 filing to 3,066 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 410984460 · Blue Cross & Blue Shield of Minnesota PY 2024 · 401(k)
Blue Cross and Blue Shield of Minnesota Employee Savings Plan · $885M · 3,066 · 98th
- EOY $885M
- 5500 3,066
- ASSETS 98th
- PCT 401(k)
- EIN near Carpenter Technology Corporation 401(k) Retirement
- RANK ind #8273
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 Minnesota →
Blue Cross and Blue Shield of Minnesota Employee Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $799M |
|---|---|
| Net Assets (End of Year) | $885M |
| Net Income | $86M |
| Employer EIN | 410984460 |
| Plan Effective Date | 1984-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Blue Cross & Blue Shield of Minnesota)
Sponsor-wide plan assets over time
All Blue Cross & Blue Shield of Minnesota plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 25.046443612811785% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 6,053 | $893M |
| 2023 | 2 | 6,098 | $1.0B |
| 2024 | 2 | 6,121 | $1.1B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Blue Cross and Blue Shield of Minnesota Employee Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Carpenter Technology Corporation 401(k) Retirement in PA ($885M); by covered participants it is Celanese Americas Retirement Savings Plan in TX (3,067 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($885M here).
- Carpenter Technology Corporation 401(k) Retirement (PA) $885M · 3,804
- Dick's Sporting Goods, Inc. Smart Savings 401(k) Plan (PA) $884M · 51,564
- IBEW Local 332 Pension Plan Part B (CA) $886M · 2,215
- Vericast Corp. 401(k) Plan (TX) $883M · 4,306
Similar participant headcount
Nearest other-state filings by covered participants (3,066 participants); asset peers above are excluded.
- Celanese Americas Retirement Savings Plan (TX) 3,067 · 1 off
- Draftkings 401(k) Plan (MA) 3,067 · 1 off
- Conservice, LLC 401(k) Profit Sharing Plan and Trust (UT) 3,068 · 2 off
- UPS/Ipa 401(k) Savings Plan (KY) 3,064 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.