Georgia Bankers Association Insurance Trust — Form 5500 plan (Georgia 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, Georgia Bankers Association Insurance Trust is a benefit plan reported by Georgia Bankers Association under EIN 58-0254910 and plan number 506. The latest loaded filing year is 2023. The filing reports 7,540 participants and $78,118,715 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Georgia Bankers Association
- EIN
- 58-0254910
- Plan number
- 506
- Plan type
- 3
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 7,540
- End-of-year plan assets
- $78,118,715
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,540 | H, C | 20240730122043NAL0043720754004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $78,118,715
- Total liabilities (EOY)
- $13,716,919
- Net assets (EOY)
- $64,401,796
- Net assets (BOY)
- $48,087,674
Income & contributions
- Employer contributions
- $107,518,299
- Total contributions
- $107,518,299
- Total income / additions
- $112,318,361
Expenses & distributions
- Benefits paid
- $91,024,402
- Administrative expenses
- $4,979,837
- Total expenses
- $96,004,239
- Net increase / (decrease)
- $16,314,122
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paragon Benefits, Inc. | CONTRACT ADMINISTRATOR | $3,105,866 | not reported in the loaded dataset | 2023 |
| Blue Cross Blue Shield Healthcare | SERVICE PROVIDER | $2,548,318 | not reported in the loaded dataset | 2023 |
| Georgia Bankers Association, Inc. | PLAN SPONSOR | $959,273 | not reported in the loaded dataset | 2023 |
| Life2, Inc. | PRODUCT DEVELOPMENT | $602,750 | not reported in the loaded dataset | 2023 |
| Pointenorth Insurance Group, LLC | INSURANCE CONSULTING | $386,380 | not reported in the loaded dataset | 2023 |
| Care2025, LLC | CONSULTANT | $310,375 | not reported in the loaded dataset | 2023 |
| Moore Colson & Company Pc | ACCOUNTANT | $300,069 | not reported in the loaded dataset | 2023 |
| Micheal Cofield | EMPLOYEE | $248,116 | not reported in the loaded dataset | 2023 |
| Tessa Nolan | EMPLOYEE | $209,178 | not reported in the loaded dataset | 2023 |
| Sentryhealth (F/K/A Wellview) | WELLNESS SERVICES | $198,160 | not reported in the loaded dataset | 2023 |
| Keri Brooks | EMPLOYEE | $181,803 | not reported in the loaded dataset | 2023 |
| Bny Mellon Wealth Management | INVESTMENT MANAGEMENT | $0 | $145,165 | 2023 |
| Virginia L Monroe | EMPLOYEE | $142,196 | not reported in the loaded dataset | 2023 |
| Jayn Lawson | EMPLOYEE | $116,532 | not reported in the loaded dataset | 2023 |
| Edith M Lindsay | EMPLOYEE | $7,234 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Georgia Bankers Association
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Paragon Benefits, Inc. — Schedule C compensation
- Blue Cross Blue Shield Healthcare — Schedule C compensation
- Georgia Bankers Association, Inc. — Schedule C compensation
- Life2, Inc. — Schedule C compensation
- Pointenorth Insurance Group, LLC — Schedule C compensation
- Care2025, LLC — Schedule C compensation
- Moore Colson & Company Pc — Schedule C compensation
- Micheal Cofield — Schedule C compensation
- Tessa Nolan — Schedule C compensation
- Sentryhealth (F/K/A Wellview) — Schedule C compensation
- Keri Brooks — Schedule C compensation
- Bny Mellon Wealth Management — Schedule C compensation
- Virginia L Monroe — Schedule C compensation
- Jayn Lawson — Schedule C compensation
- Edith M Lindsay — Schedule C compensation