2023 Form 5500 filing — Alabama Bankers Association Health And Welfare 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 20250404143446NAL0022956290003) for Alabama Bankers Association Health And Welfare Plan, reported by Alabama Bankers Association under EIN 83-6796619 and plan number 501. It reports 485 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250404143446NAL0022956290003
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Alabama Bankers Association
- EIN
- 83-6796619
- Plan number
- 501
- Location
- Montgomery, AL
- Participants
- 485
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $890,270
- Total liabilities (EOY)
- $818,485
- Net assets (EOY)
- $71,785
- Employer contributions
- $6,832,302
- Total income / additions
- $7,012,984
- Benefits paid
- $6,907,913
- Administrative expenses
- $97,531
- Total expenses
- $7,005,444
- Net increase / (decrease)
- $7,540
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Healthiest You | not reported in the loaded dataset | $56,592 | not reported in the loaded dataset |
| American Benefit Services, Inc. | not reported in the loaded dataset | $31,119 | not reported in the loaded dataset |
| Alabama Bankers Association | PLAN SPONSOR | $27,964 | not reported in the loaded dataset |
| Carr, Riggs & Ingram, L.L.C. | not reported in the loaded dataset | $24,500 | not reported in the loaded dataset |
| Marsh & Mcclennan Agency LLC | not reported in the loaded dataset | $7,340 | $0 |
| J. Smith Lanier | not reported in the loaded dataset | $150 | $0 |