2023 Form 5500 filing — Horizon Blue Cross Blue Shield Of New Jersey Employees Savings And Investment Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011122656NAL0010911491001) for Horizon Blue Cross Blue Shield Of New Jersey Employees Savings And Investment Plan, reported by Horizon Blue Cross Blue Shield Of New Jersey under EIN 22-0999690 and plan number 003. It reports 6,643 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$1.4BReported net assets$1,358,423,150
Participants6.6K6,643
Provider compensationNone reported5 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011122656NAL0010911491001
Plan sponsor
Horizon Blue Cross Blue Shield Of New Jersey
EIN
22-0999690
Plan number
003
Location
Newark, NJ
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.4B total assets
Net assets$1.4BLiabilities$0
Money in vs. money out
Total income / additions$293.5M
Total expenses$85.4M
Benefits paid / distributions$86M
Contributions
Employer$36.2M
Participant$47.7M
Full reported line items
Total assets (EOY)
$1,358,423,150
Total liabilities (EOY)
$0
Net assets (EOY)
$1,358,423,150
Employer contributions
$36,203,044
Participant contributions
$47,686,708
Total income / additions
$293,506,319
Benefits paid
$86,016,502
Administrative expenses
-$663,789
Total expenses
$85,389,149
Net increase / (decrease)
$208,117,170

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Strategic Advisors, Inc.ADVISOR$457,547not reported in the loaded dataset
Capfinancial Partners, LLC.INVESTMENT ADVISOR$99,500not reported in the loaded dataset
Eisneramper LlpACCOUNTANT/AUDITOR$35,805not reported in the loaded dataset
Morgan Stanley Domestic HoldingsINVESTMENT ADVISOR$22,500not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER-$1,279,141$0

Related Form 5500 pages