Plan Snapshot
- Plan Sponsor: Blue Cross Blue Shield Of Massachusetts, INC.
- Sponsor EIN: 041045815
- Sponsor Address: 101 HUNTINGTON AVENUE, SUITE 1300, BOSTON, MA, 02199
- Plan Type: 401(k)
- Total Participants: 4,420
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,420 | $1.2B | $31.7M | $36.8M |
| 2023 | 4,355 | $1.0B | $29.3M | $34.2M |
| 2022 | 4,026 | $876.4M | $26.9M | $31.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INST OPER CO. | RECORDKEEPER | $208,862 | — | $208,862 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INST OPER CO. — RECORDKEEPER
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $208,862
- Estimated Expense Ratio: 0.017% 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 | $207,519 | — | — | — | — |
| 2023 | $229,877 | — | — | — | — |
| 2022 | $244,068 | — | — | — | — |