Plan Snapshot
- Plan Sponsor: Blue Cross Blue Shield Of Michigan
- Sponsor EIN: 382069753
- Sponsor Address: 600 LAFAYETTE EAST, DETROIT, MI, 482262998
- Plan Type: Health & Welfare
- Plan Number: 504
- Total Participants: 0
- Total Assets: $436.3M
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 | 0 | $436.3M | $3.9M | $0 |
| 2023 | 5,203 | $477.2M | $99,972 | $0 |
| 2022 | 5,075 | $482.1M | $209,670 | $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 |
|---|---|---|---|---|
| SYNDER CAPITAL MANAGEMENT LP | Other Service Provider | $168,099 | — | $168,099 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $132,094 | — | $132,094 |
| EXTEND HEALTH | Other Service Provider | $79,376 | — | $79,376 |
| MERCER INVESTMENTS, LLC | Investment Advisor | $70,291 | — | $70,291 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $59,482 | — | $59,482 |
| MACKAY SHIELDS | Other Service Provider | $54,459 | — | $54,459 |
| PGIM LLC | Other Service Provider | $37,938 | — | $37,938 |
| GJC CPA'S & ADVISORS | Auditor | $27,850 | — | $27,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER INVESTMENTS, LLC — Investment Advisor
- GJC CPA'S & ADVISORS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $629,589
- Estimated Expense Ratio: 0.144% 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 | $670,907 | $282,041 | — | $27,850 | — |
| 2023 | $1,005,466 | $705,070 | $43,304 | $18,800 | — |
| 2022 | $2,052,363 | $1,004,430 | $20,439 | — | $52,788 |