Plan Ledger DOL Form 5500 · updated monthly

Alabama Shipyard LLCbenefits

Alabama Shipyard LLC Employee Benefits Plan · MOBILE, AL · plan year 2024

Broker compensation reported · 2024
$59,294

Alabama Shipyard LLC's benefits plans covered 205 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,977,008. Insurance brokers and agents were paid $59,294 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $289 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.6% from $56,161 in 2023.

Insurance contracts · 20248
BLUECROSS AND BLUESHIELD OF ALABAMA · health drug ppo$2.0M · 157 covered
VISION SERVICE PLAN · visionpremiums n/a · 153 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 79 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 194 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 194 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 194 covered
Brokers & agents paid · 20243
RICHARD LEMUEL OTTS JR$23,101
ANTHONY S WATERS$23,101
ANTHONY SCOTT WATERS$13,092

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 842565302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.