Plan Snapshot
- Plan Sponsor: Blue Cross Blue Shield Of Alabama
- Sponsor EIN: 630103830
- Sponsor Address: 450 RIVERCHASE PKWY E, BIRMINGHAM, AL, 352442858
- Plan Type: 401(k)
- Total Participants: 4,358
- Total Assets: $880.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,358 | $880.4M | $17.2M | $29.6M |
| 2023 | 4,133 | $757.4M | $15.6M | $26.3M |
| 2022 | 3,915 | $625.8M | $14.3M | $23.6M |
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 | Auditor | $31,000 | — | $31,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,000
- 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 | $465,125 | $134,162 | — | $31,000 | — |
| 2023 | $363,155 | $107,929 | — | $29,496 | — |
| 2022 | $363,051 | $61,640 | $273,586 | — | $27,825 |