Plan Ledger DOL Form 5500 · updated monthly

California Physicians Service, dba Blue Shield of Ca401(k)

BLUE SHIELD OF CALIFORNIA TAX DEFERRED SALARY INVESTMENT PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

California Physicians Service, dba Blue Shield of Ca reported $750,658 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $6,335 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 0.06% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 84th-largest of 9,483 plans among California employers on file, and the 115th of 4,798 in finance & insurance. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,682,941,625
Participants with balances10,447
Active participants7,533
Employer contributions$47,723,566
Employee contributions$79,811,535
Employer contribution per active participant$6,335
Average account balance$161,093
Benefits paid to participants$116,249,404
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7B · 10,447 accts · $47.7M emplr
2023$1.4B · 10,277 accts · $53.5M emplr
2022$1.2B · 10,568 accts · $53.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$236,153
Investment management$477,953
Audit (IQPA)$20,016
Total administrative$750,658
The California Physicians Service, dba Blue Shield of Ca 401(k) match · 2024
Employer contribution per active participant$6,335
Median for plans this size$5,259
2024$6,335 per active participant
2023$7,384 per active participant
2022$6,835 per active participant

California Physicians Service, dba Blue Shield of Ca's 2024 employer contribution ran above the $5,259 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 · 20246
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$456,703
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$236,808
MERCER INVESTMENTS, LLC · Investment advisory (plan)$21,250
ARMANINO LLP · Accounting / audit$20,016
BCBSA NEBA · Plan administrator$16,535
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$750,658 · 0.05%
2023$686,621 · 0.05%
2022$792,066 · 0.06%
Same employer
Similar plansFinance & Insurance · California
City National Bank CA$1.7B · 0.06%
Experian, Inc. CA$1.7B · 0.03%
Vision Service Plan CA$1.5B · 0.07%
Bank of the West CA$1.3B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 940360524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.