Blue Cross Blue Shield of Michigan
77
Plan:
41
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (77) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $95,300 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Blue Cross Blue Shield of Michigan Employees' Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Blue Cross Blue Shield of Michigan Employees' Savings Plan currently has over 6,100 active participants and over $525.4M in plan assets.
Retirement Plan Details
| Address |
600 Lafayette East
Mail Code 1801 Detroit, MI 48226-2998 |
| Industry | Finance and Insurance |
| Administrator | Darrell Middleton |
| Sponsor | Carolynn Walton |
| Net Plan Assets | $525,000,000 |
| Total Participants | 6,100 |
| Avg Account Balance | $85,000 |
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