Plan Ledger DOL Form 5500 · updated monthly

Blue Cross and Blue Shield of Vermont401(k)

BCBS OF VERMONT 401(K) RETIREMENT PROGRAM · BERLIN, VT · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Blue Cross and Blue Shield of Vermont reported $69,989 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $5,700 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 3 years on file its reported administrative ratio has held roughly steady near 0.081%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 21st-largest of 230 plans among Vermont employers on file, and the 1,061st of 4,798 in finance & insurance. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$92,947,865
Participants with balances555
Active participants429
Employer contributions$2,445,429
Employee contributions$3,500,679
Employer contribution per active participant$5,700
Average account balance$167,474
Benefits paid to participants$5,797,673
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.9M · 555 accts · $2.4M emplr
2023$80.7M · 556 accts · $2.3M emplr
2022$67.7M · 546 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,237
Investment management$23,910
Total administrative$69,989
The Blue Cross and Blue Shield of Vermont 401(k) match · 2024
Employer contribution per active participant$5,700
Median for plans this size$3,635
2024$5,700 per active participant
2023$5,445 per active participant
2022$5,475 per active participant

Blue Cross and Blue Shield of Vermont's 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$39,237
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$23,910
SS&C · Other servicesindirect comp

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$69,989 · 0.08%
2023$57,305 · 0.08%
2022$61,557 · 0.08%
Same employer
Similar plansFinance & Insurance · Vermont
Byline Bancorp, Inc. IL$92.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030277307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.