Alabama Housing Finance Authoritybenefits
Alabama Housing Finance Authority Flexible Benefit Plan · MONTGOMERY, AL · plan year 2024
Alabama Housing Finance Authority's benefits plans covered 162 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,972,179. Insurance brokers and agents were paid $25,033 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.3% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay rose 3.8% from $24,115 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630980480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.