Defined Benefit (Pension) · DOL Form 5500 · 2024
Blue Cross & Blue Shield of Minnesota Pension Plan
Data updated 2026-08-25
- $232M
- Total assets Near avg plan size
- 3,055
- Participants Above avg headcount
- 95th
- Percentile by assets National rank
- $75,889
- Avg per participant Below avg balance/head
Official DOL plan name: Blue Cross and Blue Shield of Minnesota Pension Plan · Sponsored by Blue Cross & Blue Shield of Minnesota · Minnesota · Finance & Insurance
$232M in assets, 3,055 participants
Blue Cross & Blue Shield of Minnesota's Blue Cross and Blue Shield of Minnesota Pension Plan reported $232M in total assets and 3,055 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #7,840 in Finance & Insurance (8,549 peers)
Coverage in Minnesota
Blue Cross and Blue Shield of Minnesota Pension Plan covers 3,055 participants in Minnesota, 2.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $232M.
- #7,840
- in Finance & Insurance (8,549 peers)
- +4.9%
- assets growth YoY
- 2.3×
- vs typical plan assets (national mean)
Blue Cross and Blue Shield of Minnesota Pension Plan's outsized position by total assets
Blue Cross and Blue Shield of Minnesota Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$231,841,213 Top 5% higher than 95% 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 Pension 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 Pension Plan lands in the large band (3,055 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Blue Cross and Blue Shield of Minnesota Pension Plan reported net income fell from $17M in the plan year 2023 filing to $10M in the plan year 2024 filing.
- Blue Cross and Blue Shield of Minnesota Pension Plan end-of-year assets rose from $221M in the plan year 2023 filing to $232M in the plan year 2024 filing.
- Blue Cross and Blue Shield of Minnesota Pension Plan reported participants rose from 3,045 in the plan year 2023 filing to 3,055 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 410984460 · Blue Cross & Blue Shield of Minnesota PY 2024 · Defined Benefit (Pension)
Blue Cross and Blue Shield of Minnesota Pension Plan · $232M · 3,055 · 95th
- PCT $232M
- PCT 3,055
- PCT 95th
- PCT Defined Benefit (Pension)
- PCT near Mo-Kan Teamsters Pension Fund
- PCT ind #7840
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 Pension Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $221M |
|---|---|
| Net Assets (End of Year) | $231M |
| Net Income | $10M |
| Employer EIN | 410984460 |
| Plan Effective Date | 1953-01-01 |
| 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 Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Blue Cross and Blue Shield of Minnesota Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Mo-Kan Teamsters Pension Fund in MO ($232M); by covered participants it is Automotive Industries Pension Plan in CA (3,054 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($232M here).
- Mo-Kan Teamsters Pension Fund (MO) $232M · 587
- I.a.T.S.E. Local No. 33 Pension Trust Fund (CA) $232M · 1,094
- 1199 SEIU Regional Pension Fund (NY) $232M · 4,169
- Non-Contributory Retirement Program for Certain Employees of Hawaii Medical Service Association (HI) $232M · 553
Similar participant headcount
Nearest other-state filings by covered participants (3,055 participants); asset peers above are excluded.
- Automotive Industries Pension Plan (CA) 3,054 · 1 off
- Lehigh Valley Health Network, Inc. Retirement Plan (PA) 3,049 · 6 off
- Suburban Teamsters of Northern Illinois Pension Plan (IL) 3,044 · 11 off
- Compensation at Retirement Plan (IL) 3,066 · 11 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.