Plan Ledger DOL Form 5500 · updated monthly

Mobile Forest Products & Biomass, Inc.benefits

Mobile Forest Products & Biomass, Inc. Employee Benefits Plan · MOBILE, AL · plan year 2024

Broker compensation reported · 2024
$39,649

Mobile Forest Products & Biomass, Inc.'s benefits plans covered 116 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,089,460. Insurance brokers and agents were paid $39,649 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.9% of premiums. That is $342 per covered person, above the median for employer plans that report broker pay. Broker pay rose 98% from $19,975 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF ALABAMA · health drug dental ppo$1.1M · 118 covered
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug dental ppo$1.0M · 120 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · vision life std ltdpremiums n/a · 151 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · vision life std ltdpremiums n/a · 141 covered
Brokers & agents paid · 20241
COASTAL WORKPLACE BENEFITS LLC$39,649
Also brokered by Coastal Workplace Benefits LLC5
Century Bank MS$15,566

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630888688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.