Alabama Farmers Cooperative, Inc. Employees' Welfare Benefit Plan — Form 5500 plan (Alabama Farmers Cooperative, Inc.)

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 Farmers Cooperative, Inc. Employees' Welfare Benefit Plan is a benefit plan reported by Alabama Farmers Cooperative, Inc. under EIN 63-0207695 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,024 participants and $667,124 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alabama Farmers Cooperative, Inc.
EIN
63-0207695
Plan number
501
Plan type
3
Location
Decatur, AL
Latest filing year
2023
Participants
1,024
End-of-year plan assets
$667,124

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,024H, C20250715142730NAL0001689059001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$667,124
Total liabilities (EOY)
$0
Net assets (EOY)
$667,124
Net assets (BOY)
$689,447

Income & contributions

Employer contributions
$7,815,070
Participant contributions
$5,266,809
Total contributions
$13,081,879
Total income / additions
$13,118,318

Expenses & distributions

Benefits paid
$13,047,899
Administrative expenses
$92,742
Total expenses
$13,140,641
Net increase / (decrease)
-$22,323

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Blue Cross Blue Shield Of AlabamaNONE$11,116,005not reported in the loaded dataset2023
Warren Averett LLCNONE$34,700not reported in the loaded dataset2023
ItediumNONE$12,346not reported in the loaded dataset2023

Related Form 5500 pages