Blue Cross And Blue Shield Of Massachusetts, Inc. Employee Savings Plan — Form 5500 plan (Blue Cross Blue Shield Of Massachusetts, Inc.)

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 Of Massachusetts, Inc. Employee Savings Plan is a benefit plan reported by Blue Cross Blue Shield Of Massachusetts, Inc. under EIN 04-1045815 and plan number 002. The latest loaded filing year is 2023. The filing reports 5,230 participants and $1,049,196,290 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Blue Cross Blue Shield Of Massachusetts, Inc.
EIN
04-1045815
Plan number
002
Plan type
2
Location
Boston, MA
Latest filing year
2023
Participants
5,230
End-of-year plan assets
$1,049,196,290

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,230H, C20241011085455NAL0022447569001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,049,196,290
Total liabilities (EOY)
$19
Net assets (EOY)
$1,049,196,271
Net assets (BOY)
$876,358,210

Income & contributions

Employer contributions
$29,310,809
Participant contributions
$34,197,299
Total contributions
$66,733,547
Total income / additions
$250,157,623

Expenses & distributions

Benefits paid
$77,050,948
Administrative expenses
$229,877
Total expenses
$77,319,562
Net increase / (decrease)
$172,838,061

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments Inst Oper Co.RECORDKEEPER$227,293$02023

Related Form 5500 pages