Blue Cross And Blue Shield Association Tax-Favored Savings Program — Form 5500 plan (Blue Cross And Blue Shield Association)

Plain-English plan 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, Blue Cross And Blue Shield Association Tax-Favored Savings Program is a benefit plan reported by Blue Cross And Blue Shield Association under EIN 13-5656874 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,824 participants and $424,947,384 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$424.9MPlan net assets, end of year$424,947,384
Participants1.8KCovered participants reported1,824
Assets / participant$233KComputed: assets ÷ participants$232,976 (computed)
Provider compensation$344.5K4 Schedule C provider row(s)$344,538
Plan sponsor
Blue Cross And Blue Shield Association
EIN
13-5656874
Plan number
002
Plan type
2
Location
Chicago, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,824H, C20241010075258NAL0040128290001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$424.9M total assets
Net assets$424.9MLiabilities$0
Money in vs. money out
Total income / additions$106.4M
Total expenses$33.1M
Benefits paid / distributions$32.7M
Contributions
Employer$12.6M
Participant$17.1M
Full reported line items

Net assets

Total assets (EOY)
$424,947,384
Total liabilities (EOY)
$0
Net assets (EOY)
$424,947,384
Net assets (BOY)
$351,658,992

Income & contributions

Employer contributions
$12,566,841
Participant contributions
$17,056,336
Total contributions
$36,854,446
Total income / additions
$106,380,672

Expenses & distributions

Benefits paid
$32,739,730
Administrative expenses
$343,646
Total expenses
$33,092,280
Net increase / (decrease)
$73,288,392
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 42%Participant 58%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Financial EnginesADVISOR$238,868not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$92,720$02023
Adp, Inc.CONSULTANT$12,950not reported in the loaded dataset2023
Wealth Management Systems IncNONE$0$02023

Related Form 5500 pages