Employer · plans filed under one EIN
Horizon Blue Cross Blue Shield of New Jersey
Newark, NJ · Finance and insurance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Horizon Blue Cross Blue Shield of New Jersey, based in Newark, New Jersey, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 9,178 participant records and $1.76B in net assets.
The largest is Horizon Blue Cross Blue Shield of New Jersey Employees Savings and Investment Plan, a 401(k) plan with 6,998 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $39.9M and participant contributions $52.8M in the latest plan years; benefits paid were $127M. Schedule C compensation reported to service provider organisations totalled $1.8M.
Combined net assets moved from $215M in 2009 to $1.76B in 2024 (up 715%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Horizon Blue Cross Blue Shield of New Jersey Employees Savings and Investment Plan | 401(k) plan | 2024 | 6,998 | $1.54B | $219,978 | $7,180 | $374K |
| Horizon Blue Cross Blue Shield of NJ Employees Retirement Plan II | cash balance pension plan | 2024 | 2,180 | $216M | $99,257 | — | $1.4M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 9,178 | $1.76B | $39.9M | $52.8M |
| 2023 | 2 | 9,052 | $1.58B | $36.2M | $47.7M |
| 2022 | 2 | 8,963 | $1.38B | $38.6M | $45.5M |
| 2021 | 2 | 9,230 | $1.73B | $44.9M | $47.6M |
| 2020 | 1 | 6,900 | $1.26B | $68.9M | $45.3M |
| 2019 | 1 | 6,545 | $1.03B | $47.6M | $41.3M |
| 2018 | 1 | 6,712 | $821M | $52.6M | $39.3M |
| 2017 | 1 | 6,686 | $824M | $45.0M | $36.2M |
| 2016 | 1 | 6,403 | $661M | $40.9M | $32.1M |
| 2015 | 1 | 6,007 | $579M | $38.6M | $28.1M |
| 2014 | 1 | 4,984 | $559M | $32.5M | $23.1M |
| 2013 | 1 | 4,710 | $476M | $33.2M | $22.8M |
| 2012 | 1 | 4,589 | $379M | $33.4M | $21.5M |
| 2011 | 1 | 4,620 | $307M | $31.9M | $19.6M |
| 2009 | 1 | 4,325 | $215M | $6.1M | $18.6M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Willis Towers Watson | Actuarial; Consulting (pension) | 1 | $458,424 |
| Legal & General Investment | Investment management | 1 | $328,916 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 1 | $267,489 |
| Wilshire Associates Inc. | Consulting (pension) | 1 | $226,821 |
| Wellington Group Holdings LLP | Custodial (other than securities); Investment management | 1 | $222,153 |
| The Bank of New York Mellon | Custodial (other than securities) | 1 | $118,076 |
| EisnerAmper LLP | Consulting (general); Accounting (including auditing) | 2 | $86,310 |
| Morgan Stanley Domestic Holdings | Consulting (general) | 1 | $67,500 |
| Fidelity Investments Institutional | Participant loan processing | 1 | $0 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Horizon Blue Cross Blue Shield of New Jersey have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Horizon Blue Cross Blue Shield of New Jersey Employees Savings and Investment Plan and Horizon Blue Cross Blue Shield of NJ Employees Retirement Plan II. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Horizon Blue Cross Blue Shield of New Jersey contribute to its plans?
$39,941,266 in employer contributions across these plans in their latest plan years, about $6,370 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Willis Towers Watson, Legal & General Investment, Strategic Advisors, Inc. and Wilshire Associates Inc. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.