401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-06

$1.4B
Total assets
5,572
Participants
99th
Percentile by assets
$255,144
Avg per participant
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Official DOL plan name: Blue Cross and Blue Shield of North Carolina 401(k) Plan · Sponsored by Blue Cross and Blue Shield of North Carolina · North Carolina · Finance & Insurance

$1.4B in assets, 5,572 participants

Blue Cross and Blue Shield of North Carolina's Blue Cross and Blue Shield of North Carolina 401(k) Plan reported $1.4B in total assets and 5,572 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 116,472 plans)
  • #8,061 in Finance & Insurance (8,240 peers)

Coverage in North Carolina

Blue Cross and Blue Shield of North Carolina 401(k) Plan covers 5,572 participants in North Carolina, 6.6x the typical North Carolina plan (state average ~846 per filing). Assets: $1.4B.

$1.4B
total plan assets (2024 EOY)
5,572
covered participants
99th
percentile by assets (of 116,472 plans)
$255,144
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Cross and Blue Shield of North Carolina 401(k) Plan reported net income fell from $179M in the plan year 2023 filing to $151M in the plan year 2024 filing.
  • Blue Cross and Blue Shield of North Carolina 401(k) Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.
  • Blue Cross and Blue Shield of North Carolina 401(k) Plan reported participants rose from 5,138 in the plan year 2023 filing to 5,572 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Blue Cross and Blue Shield of North Carolina 401(k) Plan reports 5,572 participants - 6.6x that state average ($1.4B EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.4B
Net Income$151M
Employer EIN560894904
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

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

$1B$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.09B $1.42B ▲ +30.3%
Total plan assets by year, all Blue Cross and Blue Shield of North Carolina plans on file
Year Plans Participants Total Assets
2022 3 6,108 $1.1B
2023 2 5,272 $1.3B
2024 2 5,693 $1.4B

Nearby 401(k) Plans in North Carolina

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

Blue Cross and Blue Shield of North Carolina 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Blue Cross and Blue Shield of North Carolina 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Blue Cross and Blue …The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Nucor Corporation Pr…Truist Financial Cor…
Blue Cross and Blue Shield of North Carolina 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scale composition for Blue Cross and Blue Shield of North Carolina 401(k) Plan

Blue Cross and Blue Shield of North Carolina 401(k) Plan reports $1.4B in end-of-year assets across 5,572 participants (0.012% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $255,144 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2024 was $151M.

This plan identity (EIN 560894904, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.4B (+30.2%) while covered participants moved from 5,029 to 5,572 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,029 $1.1B Open filing
2023 5,138 $1.3B Open filing
2024 · index core 5,572 $1.4B This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blue Cross and Blue Shield of North Carolina 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Blue Cross and Blue Shield of North Carolina 401(k) Plan assets move in 2024?
Blue Cross and Blue Shield of North Carolina 401(k) Plan grew at a solid clip - up 11.9% during 2024, from $1.3B to $1.4B. Reported net income was $151M.
How have Blue Cross and Blue Shield of North Carolina plan assets changed over time?
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of North Carolina's sponsor-wide assets grew 30.2%, from $1.1B to $1.4B.
Where does Blue Cross and Blue Shield of North Carolina 401(k) Plan rank by assets among Form 5500 filers?
Blue Cross and Blue Shield of North Carolina 401(k) Plan ranks in the 99th percentile by end-of-year assets among 116,472 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 North Carolina 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Midamerican Energy Company Retirement Savings Plan in IA ($1.4B, 5,055 participants).

Next read for Blue Cross and Blue Shield of North Caro…

Filing takeaways

Ways to act on Blue Cross and Blue Shield of North Carolina 401(k) Plan's numbers.

  • By total assets, Blue Cross and Blue Shield of North Carolina 401(k) 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 North Carolina. Compare plans
  • Blue Cross and Blue Shield of North Carolina's sponsor-wide assets have grown 30.2% since 2022 across 3 plan years on file. More Finance & Insurance plans