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Company:
Blue Cross & Blue Shield of Minnesota
Plan:
Blue Cross & Blue Shield of Minnesota Employees' Savings Plan
 

Blue Cross & Blue Shield of Minnesota

74 Plan: Blue Cross & Blue Shield of Minnesota Employees' Savings Plan

 
 
74
41
74
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (74) and the top rated plan (90) could equate to:
[How is this calculated?]
11 additional years of work
Up to $65,500 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 Minnesota Employees' Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Blue Cross & Blue Shield of Minnesota Employees' Savings Plan currently has over 4,900 active participants and over $339.3M in plan assets.

 

 Retirement Plan Details

Address P. O. Box 64560
St. Paul, MN 55164 
Industry Finance and Insurance
Administrator John Orner
Net Plan Assets $339,000,000
Total Participants 4,900
Avg Account Balance $69,000

 Top 3 Funds in this 401k

1. Wells Fargo Stable Value 18%
2. Fidelity US Equity Index 2 13%
3. Fidelity Growth Company 8%

  Plan Service Providers

Insurance Carrier MetLife
Legal Counsel Kelly Hanaford & Battles P.A.
Consultant Kelly Hanaford & Battles P.A.
Auditor Ernst & Young

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