Plan Ledger DOL Form 5500 · updated monthly

Ability Plus, Inc.benefits

Ability Plus, Inc. Welfare Plan · HUNTSVILLE, AL · plan year 2024

Broker compensation reported · 2024
$61,271

Ability Plus, Inc.'s benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $977,159. Insurance brokers and agents were paid $61,271 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $356 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.6% from $56,441 in 2023.

Insurance contracts · 20246
BLUECROSS AND BLUESHIELD OF ALABAMA · health drug ppo$977K · 148 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 128 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 172 covered
TRANSAMERICA LIFE INSURANCE COMPANY · health drugpremiums n/a · 119 covered
MEMD INC · health drugpremiums n/a · 6 covered
RECURO HEALTH, INC. · health drugpremiums n/a · 115 covered
Brokers & agents paid · 20247
COBBS ALLEN & HALL, INC.$15,731 · incl $3,134 fees
COBBS ALLEN & HALL$24,945
LAKESHORE BENEFIT ALLIANCE, LLC$6,111
WEBTPA$5,916 · incl $5,916 fees
AMWINS GROUP BENEFITS, LLC$6,118 · incl $6,118 fees
LBA SERVICE, LLC$2,407
IMG$43 · incl $43 fees
Also brokered by Cobbs Allen & Hall, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 270085899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.