Assets by plan
Share of aggregate retirement assets
Sponsor portfolio
BLUE CROSS BLUE SHIELD OF MICHIGAN
EIN 38-2069753insuranceLatest filing 2024
Plans
12
Retirement
4
$3.18B assets
Welfare
8
$61.5M premiums
Participants
81,974
600 LAFAYETTE EAST, MAIL CODE 1801 - DETROIT, MI 482262998313-225-9000bcbsm.comLinkedIn5001-10000 employeesinsurance
Plans on this EIN
12 filings#003401k-$1.52B - 7,636 part#001CashBalance-$893.4M - 11,988 part#002CashBalance-$650.5M - 7,470 part#004401k-$117.6M - 1,780 part#505Fully Insured-$55.4M - 7,447 lives#502Fully Insured-$4.7M - 7,665 lives#509Fully Insured-$688K - 4,275 lives#506Fully Insured-$540K - 10,917 lives#521Fully Insured-$113K - 7,617 lives#508Self Funded-0 lives#510Self Funded-0 lives#523Unknown-0 lives
Retirement portfolio analytics
4 plans aggregated / $3.18B assets / 28,874 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
8 plans / $61.5M premiums / 37,921 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$55.4M
- Life$5.4M
- Other$653K
Carrier market share
Premium dollars by Schedule A carrier
90%top
- BLUE CARE NETWORK OF MICHIGAN90%
- DEARBORN LIFE INSURANCE COMPANY9%
- LIFE INSURANCE COMPANY OF NORTH AMERICA1%
- NEW DIRECTIONS BEHAVIORAL HEALTH0%
- RELIASTAR LIFE INSURANCE COMPANY0%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#003
BLUE CROSS BLUE SHIELD OF MICHIGAN EMPLOYEES' SAVINGS PLAN
401k
Assets$1.52B
Participants7,636
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
BLUE CROSS BLUE SHIELD OF MICHIGAN EMPLOYEES' RETIREMENT ACCOUNT PLAN
CashBalance
Assets$893.4M
Participants11,988
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002
BLUE CROSS BLUE SHIELD OF MICHIGAN REPRESENTED EMPLOYEES' RETIREMENT INCOME PLAN
CashBalance
Assets$650.5M
Participants7,470
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
BLUE CROSS BLUE SHIELD OF MICHIGAN REPRESENTED EMPLOYEES' SAVINGS PLAN
401k
Assets$117.6M
Participants1,780
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#505
BLUE CROSS BLUE SHIELD OF MICHIGAN HEALTH CARE PLAN
Fully Insured - BLUE CARE NETWORK OF MICHIGAN
Premiums$55.4M
Covered lives7,447
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502
BLUE CROSS BLUE SHIELD OF MICHIGAN GROUP TERM LIFE INSURANCE PLAN
Fully Insured - DEARBORN LIFE INSURANCE COMPANY
Premiums$4.7M
Covered lives7,665
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#509
BLUE CROSS BLUE SHIELD OF MICHIGAN RETIREE LIFE INSURANCE PLAN
Fully Insured - DEARBORN LIFE INSURANCE COMPANY
Premiums$688K
Covered lives4,275
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#506
BLUE CROSS BLUE SHIELD OF MICHIGAN GROUP TRAVEL ACCIDENT INSURANCE PLAN
Fully Insured - BCS INSURANCE COMPANY
Premiums$540K
Covered lives10,917
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#521
BLUE CROSS BLUE SHIELD OF MICHIGAN EMPLOYEE ASSISTANCE PROGRAM
Fully Insured - NEW DIRECTIONS BEHAVIORAL HEALTH
Premiums$113K
Covered lives7,617
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#508
BLUE CROSS BLUE SHIELD OF MICHIGAN DENTAL INSURANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#510
BLUE CROSS BLUE SHIELD OF MICHIGAN VISION INSURANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#523
BLUE CROSS BLUE SHIELD OF MICHIGAN HEALTH CARE REIMBURSEMENT ACCOUNT PLAN
Unknown
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans4
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 003 | BLUE CROSS BLUE SHIELD OF MICHIGAN EMPLOYEES' SAVINGS PLAN | 401k | $1.52B | 7,636 | 2024 | |
| 001 | BLUE CROSS BLUE SHIELD OF MICHIGAN EMPLOYEES' RETIREMENT ACCOUNT PLAN | CashBalance | $893.4M | 11,988 | 2024 | |
| 002 | BLUE CROSS BLUE SHIELD OF MICHIGAN REPRESENTED EMPLOYEES' RETIREMENT INCOME PLAN | CashBalance | $650.5M | 7,470 | 2024 | |
| 004 | BLUE CROSS BLUE SHIELD OF MICHIGAN REPRESENTED EMPLOYEES' SAVINGS PLAN | 401k | $117.6M | 1,780 | 2024 |
Welfare plans8
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 505 | BLUE CROSS BLUE SHIELD OF MICHIGAN HEALTH CARE PLAN | Fully Insured | BLUE CARE NETWORK OF MICHIGAN | $55.4M | 7,447 | 2024 | |
| 502 | BLUE CROSS BLUE SHIELD OF MICHIGAN GROUP TERM LIFE INSURANCE PLAN | Fully Insured | DEARBORN LIFE INSURANCE COMPANY | $4.7M | 7,665 | 2024 | |
| 509 | BLUE CROSS BLUE SHIELD OF MICHIGAN RETIREE LIFE INSURANCE PLAN | Fully Insured | DEARBORN LIFE INSURANCE COMPANY | $688K | 4,275 | 2024 | |
| 506 | BLUE CROSS BLUE SHIELD OF MICHIGAN GROUP TRAVEL ACCIDENT INSURANCE PLAN | Fully Insured | BCS INSURANCE COMPANY | $540K | 10,917 | 2024 | |
| 521 | BLUE CROSS BLUE SHIELD OF MICHIGAN EMPLOYEE ASSISTANCE PROGRAM | Fully Insured | NEW DIRECTIONS BEHAVIORAL HEALTH | $113K | 7,617 | 2024 | |
| 508 | BLUE CROSS BLUE SHIELD OF MICHIGAN DENTAL INSURANCE PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 510 | BLUE CROSS BLUE SHIELD OF MICHIGAN VISION INSURANCE PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 523 | BLUE CROSS BLUE SHIELD OF MICHIGAN HEALTH CARE REIMBURSEMENT ACCOUNT PLAN | Unknown | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans