Plan Ledger DOL Form 5500 · updated monthly

Peoples Bank of Alabama(Subsidiary of Altrust Financial Services, Inc)benefits

Peoples Bank of Alabama Employee Benefit Program · CULLMAN, AL · plan year 2025

Broker compensation reported · 2025
$38,179

Peoples Bank of Alabama(Subsidiary of Altrust Financial Services, Inc)'s benefits plans covered 273 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,711,246. Insurance brokers and agents were paid $38,179 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $140 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $34,051 in 2024.

Insurance contracts · 20254
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$1.7M · 327 covered
VISION SERVICE PLAN · visionpremiums n/a · 223 covered
SYMETRA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 273 covered
SYMETRA LIFE INSURANCE COMPANYpremiums n/a · 108 covered
Brokers & agents paid · 20253
VALENT GROUP LLC$34,481 · incl $7,225 fees
JOSEPH M. KELLEY$2,309
IMA INC.$1,389 · incl $1,389 fees
Also brokered by Valent Group LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 630923450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.