Plan Ledger DOL Form 5500 · updated monthly

Alabama Rural Electric Association of Cooperativesbenefits

Electric Cooperatives Health Benefits Plan · MONTGOMERY, AL · plan year 2024

Broker compensation reported · 2024
$206,253

Alabama Rural Electric Association of Cooperatives's benefits plans covered 2,495 active participants in 2024, providing health. Insurance brokers and agents were paid $206,253 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $83 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $179,158 in 2023.

Insurance contracts · 20241
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 1,708 covered
Brokers & agents paid · 20241
COBBS-ALLEN & HALL INC.$206,253
Also brokered by Cobbs-Allen & Hall Inc.2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630264081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.