Blue Cross And Blue Shield Of Minnesota Employee Savings Plan — Form 5500 plan (Blue Cross & Blue Shield Of Minnesota)

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 Minnesota Employee Savings Plan is a benefit plan reported by Blue Cross & Blue Shield Of Minnesota under EIN 41-0984460 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,990 participants and $798,514,594 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Blue Cross & Blue Shield Of Minnesota
EIN
41-0984460
Plan number
002
Plan type
2
Location
Eagan, MN
Latest filing year
2023
Participants
4,990
End-of-year plan assets
$798,514,594

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,990H, C20241015093800NAL0029151681001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$798,514,594
Total liabilities (EOY)
$197,765
Net assets (EOY)
$798,316,829
Net assets (BOY)
$688,924,139

Income & contributions

Employer contributions
$12,631,449
Participant contributions
$30,433,827
Total contributions
$47,723,468
Total income / additions
$187,485,934

Expenses & distributions

Benefits paid
$77,741,218
Administrative expenses
$332,434
Total expenses
$78,093,244
Net increase / (decrease)
$109,392,690

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$146,586not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$115,559$02023
R.V. Kuhns & Associates, Inc.ADVISOR$55,750not reported in the loaded dataset2023
Foley & Lardner LlpATTORNEY/LEGAL$11,542not reported in the loaded dataset2023

Related Form 5500 pages