Alabama Bankers Association Health And Welfare Plan — Form 5500 plan (Alabama Bankers Association)
Plain-English plan 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, Alabama Bankers Association Health And Welfare Plan is a benefit plan reported by Alabama Bankers Association under EIN 83-6796619 and plan number 501. The latest loaded filing year is 2023. The filing reports 485 participants and $890,270 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Alabama Bankers Association
- EIN
- 83-6796619
- Plan number
- 501
- Plan type
- 3
- Location
- Montgomery, AL
- Latest filing year
- 2023
- Participants
- 485
- End-of-year plan assets
- $890,270
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 485 | H, C | 20250404143446NAL0022956290003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $890,270
- Total liabilities (EOY)
- $818,485
- Net assets (EOY)
- $71,785
- Net assets (BOY)
- $64,245
Income & contributions
- Employer contributions
- $6,832,302
- Total contributions
- $6,832,302
- Total income / additions
- $7,012,984
Expenses & distributions
- Benefits paid
- $6,907,913
- Administrative expenses
- $97,531
- Total expenses
- $7,005,444
- Net increase / (decrease)
- $7,540
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Healthiest You | not reported in the loaded dataset | $56,592 | not reported in the loaded dataset | 2023 |
| American Benefit Services, Inc. | not reported in the loaded dataset | $31,119 | not reported in the loaded dataset | 2023 |
| Alabama Bankers Association | PLAN SPONSOR | $27,964 | not reported in the loaded dataset | 2023 |
| Carr, Riggs & Ingram, L.L.C. | not reported in the loaded dataset | $24,500 | not reported in the loaded dataset | 2023 |
| Marsh & Mcclennan Agency LLC | not reported in the loaded dataset | $7,340 | $0 | 2023 |
| J. Smith Lanier | not reported in the loaded dataset | $150 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Alabama Bankers Association
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Montgomery, AL
- Healthiest You — Schedule C compensation
- American Benefit Services, Inc. — Schedule C compensation
- Alabama Bankers Association — Schedule C compensation
- Carr, Riggs & Ingram, L.L.C. — Schedule C compensation
- Marsh & Mcclennan Agency LLC — Schedule C compensation
- J. Smith Lanier — Schedule C compensation