Plan Snapshot
- Plan Sponsor: Blue Cross And Blue Shield Of Alabama
- Sponsor EIN: 630103830
- Sponsor Address: COMPENSATION AND BENEFITS, BIRMINGHAM, AL, 35244
- Plan Type: DB
- Total Participants: 1,907
- Total Assets: $711.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,907 | $711.9M | $0 | $0 |
| 2023 | 1,958 | $737.3M | $70.0M | $0 |
| 2022 | 2,020 | $655.4M | $44.6M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | $29,500 | — | $29,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,500
- Estimated Expense Ratio: 0.004% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,539,607 | $138,051 | $82,372 | $29,500 | — |
| 2023 | $1,294,372 | $162,843 | $99,109 | $26,850 | — |
| 2022 | $1,295,457 | $156,735 | — | — | $813,557 |