401(k) · DOL Form 5500 · 2024

Blue Cross Blue Shield of Michigan 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
6,219
Participants Above avg headcount
99th
Percentile by assets National rank
$244,645
Avg per participant Above avg balance/head
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Official DOL plan name: Blue Cross Blue Shield of Michigan Employees' Savings Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

$1.5B in assets, 6,219 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Employees' Savings Plan reported $1.5B in total assets and 6,219 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.

  • #8,377 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Employees' Savings Plan covers 6,219 participants in Michigan, 9.8x the typical Michigan plan (state average ~638 per filing). Assets: $1.5B.

#8,377
in Finance & Insurance (8,549 peers)
+13.9%
assets growth YoY
15×
vs typical plan assets (national mean)

Blue Cross Blue Shield of Michigan Employees' Savings Plan's outsized position by total assets

Blue Cross Blue Shield of Michigan Employees' Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,521,449,120 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Blue Cross Blue Shield of Michigan Employees' 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 Blue Shield of Michigan Employees' Savings Plan lands in the large band (6,219 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Cross Blue Shield of Michigan Employees' Savings Plan reported net income fell from $241M in the plan year 2023 filing to $186M in the plan year 2024 filing.
  • Blue Cross Blue Shield of Michigan Employees' Savings 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 Michigan Employees' Savings Plan reported participants rose from 6,006 in the plan year 2023 filing to 6,219 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 382069753 · Blue Cross Blue Shield of Michigan PY 2024 · 401(k)

Blue Cross Blue Shield of Michigan Employees' Savings Plan · $1.5B · 6,219 · 99th

  • EIN $1.5B
  • RANK 6,219
  • PHOTO 99th
  • IND 401(k)
  • EOY near Cliftonlarsonallen LLP 401(k) Retirement Plan
  • 5500 ind #8377

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 Michigan →

Blue Cross Blue Shield of Michigan Employees' Savings Plan in the asset neighbourhood

Blue Cross Blue Shield of Michigan Employees' Savings PlanBlue Cross Blue Shield of Mi…$1.5BCliftonlarsonallen LLP 401(k) Retirement PlanCliftonlarsonallen LLP 401(k…$1.5BSmith & Nephew U.S. Savings PlanSmith & Nephew U.S. Savings …$1.5BMarsh & Mclennan Agency 401(k) Savings & Investment PlanMarsh & Mclennan Agency 401(…$1.5BStaples, Inc. Employees' 401(k) Savings PlanStaples, Inc. Employees' 401…$1.5B
End-of-year total assets ($B) among Blue Cross Blue Shield of Michigan Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$186M
Employer EIN382069753
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

Sponsor-wide plan assets over time

All Blue Cross Blue Shield of Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$3.2B 16.407909383637403% vs 2022
2024 filing year
$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.73B $3.18B ▲ +16.5%
Year Plans Participants Total Assets
2022 4 15,548 $2.7B
2023 4 15,287 $3.0B
2024 4 16,052 $3.2B

Nearby 401(k) Plans in Michigan

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

Blue Cross Blue Shield of Michigan Employees' Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0510152025 Total assets ($B) Participants Blue Cross Blue Shield of Michigan Employees' Savings Plan, Total assets ($B): 1.52144912 · Participants: 6219Blue Cross Blue Shield of Michigan Employees' Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Blue Cross Blue Shield of Michigan Employees' Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Blue Cross Blue Shield of Michigan Employees' Savings Plan side-by-side with 3 peers →

Scale composition for Blue Cross Blue Shield of Michigan Employees' Savings Plan

Blue Cross Blue Shield of Michigan Employees' Savings Plan reports $1.5B in end-of-year assets across 6,219 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $244,645 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2024 was $186M.

This plan identity (EIN 382069753, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+39.3%) while covered participants moved from 5,845 to 6,219 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,845 $1.1B Open filing
2023 6,006 $1.3B Open filing
2024 · index core 6,219 $1.5B This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Blue Cross Blue Shield of Michigan Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Cliftonlarsonallen LLP 401(k) Retirement Plan in MN ($1.5B); by covered participants it is Its USA Retirement Savings Plan in TX (6,219 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,219 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Blue Cross Blue Shield of Michigan Employees' Savings Plan assets move in 2024? ▼
Blue Cross Blue Shield of Michigan Employees' Savings Plan grew at a solid clip - up 13.9% during 2024, from $1.3B to $1.5B. Reported net income was $186M.
How have Blue Cross Blue Shield of Michigan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Michigan's sponsor-wide assets grew 16.4%, from $2.7B to $3.2B.
Where does Blue Cross Blue Shield of Michigan Employees' Savings Plan rank by assets among Form 5500 filers? ▼
Blue Cross Blue Shield of Michigan Employees' Savings 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 Michigan Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cliftonlarsonallen LLP 401(k) Retirement Plan in MN ($1.5B, 7,938 participants).
Which 401(k) plans cover a similar participant headcount to Blue Cross Blue Shield of Michigan Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Its USA Retirement Savings Plan in TX (6,219 participants, $811M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382069753.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.