Blue Cross Blue Shield of Alabama 401(k) match, vesting and fees

Plan year 2024 filingBlue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan · Plan 002 · EIN 63-0103830Updated Oct 2026

What Blue Cross Blue Shield of Alabama's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $17.2M in employer contributions, about $3,336 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$170,718
Average account balance
5,222
Participants (end of year)
$880M
Plan assets (end of year)
0.06%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorWarren Averett (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 118 defined-contribution plans in finance and insurance with 5,000 to 9,999 participants.

Blue Cross Blue Shield of Alabama: employer contribution per participant$3,336
Peer median$3,354
Blue Cross Blue Shield of Alabama: average balance$170,718
Peer median$126,365
Blue Cross Blue Shield of Alabama: admin expenses ÷ assets0.06%
Peer median0.06%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $749M at the end of plan year 2021 to $880M at the end of plan year 2024.

$749M2021$626M2022$757M2023$880M2024
End-of-year figures from each plan year's Form 5500 filing for the Blue Cross Blue Shield of Alabama plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20245,222$880M$17.2M$3,3360.06%Not publishedForm 5500 ↗
20235,052$757M$15.6M$3,1160.05%Not publishedForm 5500 ↗
20224,806$626M$14.3M$3,0190.05%Not publishedForm 5500 ↗
20214,919$749M$12.5M$2,6130.07%Not publishedForm 5500 ↗

Other Blue Cross Blue Shield of Alabama plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Blue Cross and Blue Shield of Alabama Retirement Plan

Plan 001 · EIN 63-0103830 · plan year 2024 filing
$303,962
Average account balance
2,342
Participants (end of year)
$712M
Plan assets (end of year)
0.21%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperAon Consulting Inc.Schedule C ↗
Independent auditorWarren Averett, LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Blue Cross Blue Shield of Alabama match 401(k) contributions?

The match terms for the Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan have not been published from its filing yet. The plan year 2024 filing reports $17.2M in employer contributions, about $3,336 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Blue Cross Blue Shield of Alabama 401(k) match vested?

The vesting schedule for the Blue Cross and Blue Shield of Al 401(k) Plan Salary Deferral Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Blue Cross Blue Shield of Alabama 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Blue Cross Blue Shield of Alabama.

I left Blue Cross Blue Shield of Alabama. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Blue Cross Blue Shield of Alabama, (205) 220-7209) or the recordkeeper, Empower Annuity Insurance Company O. The Blue Cross Blue Shield of Alabama old 401(k) page lists the contacts from every plan filing. Find an old Blue Cross Blue Shield of Alabama 401(k)

Data from the public Form 5500 annual reports Blue Cross Blue Shield of Alabama filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Blue Cross Blue Shield of Alabama. Not financial advice. Report a correction · Methodology