BrightScope Rating
Company:
Blue Cross-Blue Shield of Alabama
Plan:
Blue Cross and Blue Shield of Alabama 401k Salary Deferral Plan & Trust
Blue Cross-Blue Shield of Alabama
68
Plan:
Blue Cross and Blue Shield of Alabama 401k Salary Deferral Plan & Trust
8
64
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (68) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $255,900 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.
Plan Description
Blue Cross and Blue Shield of Alabama 401k Salary Deferral Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Participation Rate, Total Plan Cost, Investment Menu Quality, and Account Balances. Blue Cross and Blue Shield of Alabama 401k Salary Deferral Plan & Trust currently has over 3,900 active participants and over $189.2M in plan assets.
Plan Details
| Address | 450 Riverchase Pkwy East Birmingham, AL 35244 |
| Industry | Direct Life, Health, & Medical Insurance & Reinsurance Carriers |
| Administrator | Laurie Vollenweider |
| Net Plan Assets | $189,000,000 |
| Total Participants | 4,300 |
| Avg Account Balance | $44,000 |
Top 3 Investment Holdings
| 1. | Regions Stable Principal Fund | 14% |
| 2. | American Funds Investment Company of America | 12% |
| 3. | Fidelity Balanced | 11% |
Other Companies in Peer Group
| City National | 78.5 |
| Morgan Keegan & Company | 75.6 |
| StanCorp Financial Group | 72.3 |
| People's United Financial | 71.4 |
| Aflac | 65.2 |
| Cash America International | 51.4 |
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