Alabama Motor Express, Inc.benefits
Alabama Motor Express, Inc. Welfare Benefit Plan · ASHFORD, AL · plan year 2024
Alabama Motor Express, Inc.'s benefits plans covered 286 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,958,782. Insurance brokers and agents were paid $83,933 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $293 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $74,493 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630983126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.