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Sponsor portfolioWelfare / HealthEIN 57-1228220

BRIGHT FUTURE ELECTRIC, LLC

3420 RICHARD ARRINGTON JR BLVD N · BIRMINGHAM, AL 35234
2057471896
Plans filed
1
Years active
2016–2024
Industry
NAICS 23
Latest filing
2024
Total premiums (latest)
$4.1M
No prior year
Persons covered
483
No prior year
Total participants
413
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$4.1M
BRIGHT FUTURE ELECTRIC, LLC EMPLOYEE BENEFITS PLAN
Fully insured483 covered·3 carriers
Primary: BLUE CROSS AND BLUE SHIELD OF ALABAMA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Vision$3.9M25.0%
Other$3.9M24.6%
Health$3.8M24.1%
Prescription drug$3.8M24.1%
Dental$147K0.9%
Life$74K0.5%
Short-term disability$68K0.4%
Long-term disability$53K0.3%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
BLUE CROSS OF CALIFORNIA
EIN 630103830
HRxVOth
$3.8M91.8%11483
UNITED OF OMAHA LIFE INSURANCE COMPANY
EIN 470322111
LSTDLTDOth
$194K4.7%14413
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA
EIN 135123390
DV
$147K3.5%11250

Broker overview

1 broker · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
VALENT GROUPVESTAVIA, ALUNITED OF OMAHA LIFE INSURANCE COMPANY, THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA$24K$12K$36K100.0%1

History & trajectory

9 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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