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: 527
- Total Participants: 348
- Total Assets: $5.0M
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 | 348 | $5.0M | $0 | $0 |
| 2023 | 317 | $7.9M | $0 | $0 |
| 2022 | 327 | $10.4M | $0 | $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 |
|---|---|---|---|---|
| BROADSPIRE SERVICES | Other Service Provider | $189,082 | — | $189,082 |
| JP MORGAN | Other Service Provider | $18,100 | — | $18,100 |
| GJC CPA'S & ADVISORS | Auditor | $7,700 | — | $7,700 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $5,195 | — | $5,195 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $220,077
- Estimated Expense Ratio: 4.372% 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 | $222,811 | — | — | $7,700 | — |
| 2023 | $241,951 | — | $194,463 | $24,500 | — |
| 2022 | $254,643 | — | — | — | $22,300 |