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Sponsor portfolioWelfare / HealthEIN 63-0108746

FIRST BANK OF ALABAMA

120 NORTH STREET EAST · TALLADEGA, AL 35160
2564802027
Plans filed
1
Years active
2023–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$1.3M
No prior year
Persons covered
221
No prior year
Total participants
121
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$1.3M
FIRST BANK OF ALABAMA WELFARE BENEFIT PLAN
Fully insured221 covered·5 carriers
Primary: BLUE CROSS AND BLUE SHIELD OF ALABAMA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$1.2M30.8%
Health$1.0M26.9%
Prescription drug$1.0M26.9%
Life$166K4.3%
Short-term disability$126K3.3%
Long-term disability$126K3.3%
Dental$87K2.3%
Vision$87K2.3%

Carrier overview

5 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
BLUE CROSS OF CALIFORNIA
EIN 630103830
HRxOth
$1.0M79.0%11221
UNITED OF OMAHA LIFE INSURANCE COMPANY
EIN 470322111
LSTDLTDOth
$126K9.6%11146
STANDARD INSURANCE COMPANY
EIN 930242990
DV
$87K6.7%11138
TRANSAMERICA LIFE INSURANCE COMPANY
EIN 390989781
L
$40K3.1%1144
RELIANCE STANDARD LIFE INSURANCE COMPANY
EIN 360883760
Oth
$22K1.7%11145

Broker overview

4 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
VALENT GROUPVESTAVIA, ALUNITED OF OMAHA LIFE INSURANCE COMPANY, TRANSAMERICA LIFE INSURANCE COMPANY, RELIANCE STANDARD LIFE INSURANCE COMPANY, STANDARD INSURANCE COMPANY$32K$7K$39K95.2%1
MONICA L HAYESHUNTSVILLE, ALTRANSAMERICA LIFE INSURANCE COMPANY$726$0$7261.8%1
VOLUNTARY BENEFITS AT WORKMARIETTA, GATRANSAMERICA LIFE INSURANCE COMPANY$677$0$6771.7%1
CHRIS B BRAGGHUNTSVILLE, ALTRANSAMERICA LIFE INSURANCE COMPANY$534$0$5341.3%1

History & trajectory

3 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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