Plan Ledger DOL Form 5500 · updated monthly

Southern Research Institutebenefits

Southern Research Institute Welfare Benefits Plan · BIRMINGHAM, AL · plan year 2024

Broker compensation reported · 2024
$32,210

Southern Research Institute's benefits plans covered 159 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,916,977. Insurance brokers and agents were paid $32,210 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $203 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.4% from $34,040 in 2023.

Insurance contracts · 20246
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$1.9M · 326 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 159 covered
VISION SERVICE PLAN · visionpremiums n/a · 150 covered
BLUE CROSS BLUE SHIELD OF ALABAMApremiums n/a · 159 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 28 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 194 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$31,654 · incl $3,446 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630288868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.