Plan Ledger DOL Form 5500 · updated monthly

Alabama Housing Finance Authoritybenefits

Alabama Housing Finance Authority Flexible Benefit Plan · MONTGOMERY, AL · plan year 2024

Broker compensation reported · 2024
$25,033

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.

Insurance contracts · 20245
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug dental ppo$1.8M · 246 covered
NORTHWESTERN MUTUAL · ltd$95K · 156 covered
NORTHWESTERN MUTUAL · std$40K · 156 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 162 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 73 covered
Brokers & agents paid · 20243
ABLE BENEFIT SOLUTIONS$13,759
DAVID B MILLER$9,563 · incl $1,925 fees
NMA INC$1,711 · incl $184 fees
Also brokered by Able Benefit Solutions5
HX5, LLC FL$161,175

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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.