Plan Ledger DOL Form 5500 · updated monthly

Hudson-Alpha Institute for Biotechnologybenefits

Hudson Alpha Institute for Biotechnology Employee Benefits Plan · HUNTSVILLE, AL · plan year 2024

Broker compensation reported · 2024
$29,907

Hudson-Alpha Institute for Biotechnology's benefits plans covered 227 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,099,189. Insurance brokers and agents were paid $29,907 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $132 per covered person, below the median for employer plans that report broker pay. Broker pay fell 10.0% from $33,215 in 2023.

Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug dental ppo$3.1M · 423 covered
GUARDIAN · vision life ltdpremiums n/a · 227 covered
Brokers & agents paid · 20241
VALENT GROUP LLC$29,907 · incl $839 fees
Also brokered by Valent Group LLC5
Ics Holding LLC TX$116,551

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 432059317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.