# Blue Cross Blue Shield Of Michigan Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/blue-cross-blue-shield-of-michigan-382069753-527

> Blue Cross Blue Shield Of Michigan&#39;s Health &amp; Welfare plan: 348 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/george-johnson-and-company) — 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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/blue-cross-blue-shield-of-michigan-382069753-527)

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