First Bank of Alabamabenefits

First Bank of Alabama's benefits plans covered 121 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,120,259. Insurance brokers and agents were paid $40,736 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $337 per covered person, above the median for employer plans that report broker pay. Broker pay rose 136% from $17,262 in 2024.