2023 Form 5500 filing — Electric Cooperatives Health Benefits Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009115523NAL0031084416003) for Electric Cooperatives Health Benefits Plan, reported by Alabama Rural Electric Association Of Cooperatives under EIN 63-0264081 and plan number 501. It reports 2,679 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009115523NAL0031084416003
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Alabama Rural Electric Association Of Cooperatives
- EIN
- 63-0264081
- Plan number
- 501
- Location
- Montgomery, AL
- Participants
- 2,679
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,712,777
- Total liabilities (EOY)
- $4,862,408
- Net assets (EOY)
- $850,369
- Employer contributions
- $37,033,524
- Total income / additions
- $37,224,403
- Benefits paid
- $35,099,001
- Administrative expenses
- $1,719,207
- Total expenses
- $36,822,170
- Net increase / (decrease)
- $402,233
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield Of Alabama | not reported in the loaded dataset | $1,366,363 | $0 |
| Cobbs-Allen & Hall Inc. | not reported in the loaded dataset | $119,072 | $0 |
| Carr, Riggs & Ingram, LLC | not reported in the loaded dataset | $24,800 | not reported in the loaded dataset |
| Rushton Stakely Johnston & Garrett | not reported in the loaded dataset | $12,283 | not reported in the loaded dataset |