2023 Form 5500 filing — Blue Cross Blue Shield Of Michigan Employees' Savings 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 20241015110053NAL0048946928004) for Blue Cross Blue Shield Of Michigan Employees' Savings Plan, reported by Blue Cross Blue Shield Of Michigan under EIN 38-2069753 and plan number 003. It reports 7,622 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$1.3BReported net assets$1,335,198,413
Participants7.6K7,622
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241015110053NAL0048946928004
Plan sponsor
Blue Cross Blue Shield Of Michigan
EIN
38-2069753
Plan number
003
Location
Detroit, MI
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)$1.3B total assets
Net assets$1.3BLiabilities
Money in vs. money out
Total income / additions$314.8M
Total expenses$74.1M
Benefits paid / distributions$73.7M
Contributions
Employer$25.6M
Participant$69.4M
Full reported line items
Total assets (EOY)
$1,335,198,413
Net assets (EOY)
$1,335,198,413
Employer contributions
$25,598,540
Participant contributions
$69,389,790
Total income / additions
$314,799,018
Benefits paid
$73,718,764
Administrative expenses
$375,688
Total expenses
$74,094,452
Net increase / (decrease)
$240,704,566

Related Form 5500 pages