Plan Snapshot
- Plan Sponsor: Blue Cross Blue Shield Of Tennessee
- Sponsor EIN: 620427913
- Sponsor Address: 1 CAMERON HILL CIRCLE, CHATTANOOGA, TN, 374022520
- Plan Type: 401(k)
- Total Participants: 6,823
- Total Assets: $1.3B
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 | 6,823 | $1.3B | $22.7M | $40.2M |
| 2023 | 6,596 | $1.1B | $31.0M | $36.9M |
| 2022 | 6,244 | $896.3M | $35.8M | $34.9M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $511,852 | — | $511,852 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $292,776 | — | $292,776 |
| BLUE CROSS BLUE SHIELD OF TENNESSEE | PLAN SPONSOR | $132,269 | — | $132,269 |
| ERNST & YOUNG | ACCOUNTANT/AUDITOR | $45,929 | — | $45,929 |
| BCBSA NEBA | PLAN ADMINISTRATOR | $34,121 | — | $34,121 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ERNST & YOUNG — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,016,947
- Estimated Expense Ratio: 0.080% 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 | $1,016,946 | $511,852 | — | $45,929 | — |
| 2023 | $987,571 | $511,871 | — | $21,944 | — |
| 2022 | $906,240 | $479,659 | — | — | — |