Defined Benefit (Pension) · DOL Form 5500 · 2024

Blue Cross Blue Shield of Michigan Pension Plan

Data updated 2026-08-06

$651M
Total assets: 1,682
Participants: 98th
Percentile by assets: $386,743
Avg per participant

Official DOL plan name: Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

$651M in assets, 1,682 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reported $651M in total assets and 1,682 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.

98th percentile by assets (of 116,472 plans)
#7,905 in Finance & Insurance (8,240 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan covers 1,682 participants in Michigan, 2.7x the typical Michigan plan (state average ~632 per filing). Assets: $651M.

$651M
total plan assets (2024 EOY): 1,682
covered participants: 98th
percentile by assets (of 116,472 plans): $386,743
avg assets per participant

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reported net income fell from $13M in the plan year 2023 filing to -$18M in the plan year 2024 filing.
Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reported participants rose from 1,499 in the plan year 2023 filing to 1,682 in the plan year 2024 filing.
Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan end-of-year assets fell from $669M in the plan year 2023 filing to $651M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Finance & Insurance

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan reports 1,682 participants - 2.7x that state average ($651M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$669M
Net Assets (End of Year)	$651M
Net Income	-$18M
Employer EIN	382069753
Plan Effective Date	1948-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

Total plan assets by year, all Blue Cross Blue Shield of Michigan plans on file

Year	Plans	Participants	Total Assets
2022	4	15,548	$2.7B
2023	4	15,287	$3.0B
2024	4	16,052	$3.2B

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Ford Motor Company UAW Retirement Plan $17.8B · 25,742
Ford Motor Company General Retirement Plan $12.1B · 8,585
Dow Employees' Pension Plan $10.9B · 6,888
Fca US LLC UAW Pension Agreement $10.3B · 12,752
Fca US LLC Pension Plan $3.7B · 2,267

Compare Blue Cross Blue Shield of Michigan Repre… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan by total assets, not by location.

Newmarket Corporation and Affiliates Salaried Employees' Pension Plan (VA) $651M · 780
Permanente Physicians Retirement Plan for Cpmg (CA) $650M · 826
Electrical Construction Industry Pension Plan (WI) $651M · 2,233
Construction Industry and Laborers Joint Pension Trust for So Nevada, Plan a (NV) $653M · 2,867

Frequently Asked Questions

How did Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan assets move in 2024? ▼

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan edged down modestly - down 2.8% during 2024, from $669M to $651M. Reported net income was -$18M.

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 Represented Employees' Retirement Income Plan rank by assets among Form 5500 filers? ▼

Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Newmarket Corporation and Affiliates Salaried Employees' Pension Plan in VA ($651M, 780 participants).

Next read for Blue Cross Blue Shield of Michigan Repre…

Filing takeaways

Ways to act on Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan's numbers.

By total assets, Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
Blue Cross Blue Shield of Michigan's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

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.