Employer · plans filed under one EIN
Independence Blue Cross, LLC
Philadelphia, PA · 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.
2 retirement plans with 100 or more participants file Form 5500 under Independence Blue Cross, LLC's employer identification number (Philadelphia, Pennsylvania). Their latest filings total 9,859 participant records and $1.61B in net assets.
The largest is Independence Blue Cross Blue Chip Retirement Savings Plan, a 401(k) plan with 6,073 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 $37.3M and participant contributions $21.8M in the latest plan years; benefits paid were $262M. Schedule C compensation reported to service provider organisations totalled $3.8M.
Combined net assets moved from $1.19B in 2014 to $1.61B in 2024 (up 35%). 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 |
|---|---|---|---|---|---|---|---|
| Independence Blue Cross Blue Chip Retirement Savings Plan | 401(k) plan | 2024 | 6,073 | $919M | $151,301 | $8,082 | $575K |
| Pension Plan of Independence Blue Cross | cash balance pension plan | 2024 | 3,786 | $686M | $181,284 | — | $3.2M |
| 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 | 9,859 | $1.61B | $37.3M | $21.8M |
| 2023 | 2 | 9,904 | $1.66B | $19.8M | $34.5M |
| 2022 | 2 | 9,861 | $1.51B | $18.5M | $33.2M |
| 2021 | 2 | 9,657 | $1.86B | $17.1M | $31.0M |
| 2020 | 2 | 9,752 | $1.66B | $16.8M | $29.2M |
| 2019 | 2 | 9,991 | $1.49B | $15.2M | $27.0M |
| 2018 | 2 | 10,899 | $1.30B | $36.8M | $25.2M |
| 2017 | 2 | 10,911 | $1.45B | $54.5M | $25.2M |
| 2016 | 2 | 11,112 | $1.25B | $33.5M | $24.6M |
| 2015 | 2 | 11,323 | $1.19B | $33.0M | $23.9M |
| 2014 | 2 | 11,291 | $1.19B | $30.6M | $22.0M |
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 US, LLC | Actuarial; Recordkeeping and information management | 1 | $970,571 |
| Arrowstreet Capital LP | Investment management | 1 | $860,057 |
| SEI Investments Company | Investment management | 1 | $688,208 |
| Vanguard Advisers Inc. | Investment advisory (participants) | 1 | $308,940 |
| Vanguard Fiduciary Trust Company | Recordkeeping and information management; Trustee (directed); Participant communication | 1 | $230,689 |
| US Bank Asset Management LLC | Investment advisory (plan) | 1 | $142,500 |
| Delaware Charter DBA Principaltrust | Trustee (bank, trust company, or similar financial institution); Trustee (directed) | 1 | $119,355 |
| Centersquare Investment Management | Investment management | 1 | $74,184 |
| Birch Run Investments, LLC | Investment management | 1 | $73,738 |
| Eagle Asset Management, Inc. | Investment management | 1 | $59,599 |
| Villanova Investment Management Com | Investment management | 1 | $53,800 |
| The Haverford Trust Company | Investment management | 1 | $37,674 |
| Deloitte Tax LLP | Recordkeeping and information management; Consulting (general) | 1 | $35,800 |
| Weaver C. Barksdale & Assoc. | Investment management | 1 | $34,598 |
| Deloitte & Touche LLP | Accounting (including auditing) | 1 | $29,587 |
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 Independence Blue Cross, LLC have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Independence Blue Cross Blue Chip Retirement Savings Plan and Pension Plan of Independence Blue Cross. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Independence Blue Cross, LLC contribute to its plans?
$37,340,294 in employer contributions across these plans in their latest plan years, about $6,491 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 US, LLC, Arrowstreet Capital LP, SEI Investments Company and Vanguard Advisers 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.