Plan Ledger DOL Form 5500 · updated monthly

Alabama State Bar Associationbenefits

Alabama State Bar Association Health Plan and Trust · MONTGOMERY, AL · plan year 2023

Broker compensation reported · 2023
$114,917

Alabama State Bar Association's benefits plan covered 393 active participants in 2023, providing health · dental · vision. Insurance premiums totaled $2,647,261. Insurance brokers and agents were paid $114,917 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 $292 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20233
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug dental ppo$2.6M · 393 covered
VISION SERVICE PLAN · visionpremiums n/a · 164 covered
GULF GUARANTY LIFE · healthpremiums n/a · 343 covered
Brokers & agents paid · 20233
MIKE HICKS C/O ALLIANCE INS. GROUP$113,805
PATRIOT GROWTH INS SVCS DBA FBC INS$1,011

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 856153707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.