Plan Ledger DOL Form 5500 · updated monthly

Blue Cross and Blue Shield of Arizona, Inc.401(k)

BLUE CROSS AND BLUE SHIELD OF ARIZONA, INC. 401(K) SAVINGS PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Blue Cross and Blue Shield of Arizona, Inc. reported $213,711 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $7,658 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.08% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 31st-largest of 1,285 plans among Arizona employers on file, and the 299th of 4,798 in finance & insurance. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 2,877 to 3,305 since 2022.

Plan summary
Net assets, end of year$516,921,702
Participants with balances3,899
Active participants3,305
Employer contributions$25,308,271
Employee contributions$26,728,669
Employer contribution per active participant$7,658
Average account balance$132,578
Benefits paid to participants$50,899,613
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$516.9M · 3,899 accts · $25.3M emplr
2023$445.9M · 3,750 accts · $24.0M emplr
2022$320.6M · 3,316 accts · $21.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$213,711
Total administrative$213,711
The Blue Cross and Blue Shield of Arizona, Inc. 401(k) match · 2024
Employer contribution per active participant$7,658
Median for plans this size$4,294
2024$7,658 per active participant
2023$7,472 per active participant
2022$7,373 per active participant

Blue Cross and Blue Shield of Arizona, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$213,711

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$213,711 · 0.04%
2023$244,865 · 0.06%
2022$261,342 · 0.08%
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Source: U.S. Department of Labor, Form 5500 series, EIN 860004538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.