# Alabama Rural Electric Association Of Cooperatives Health & Welfare Plan
Source: https://planprovider.pro/companies/alabama-rural-electric-association-of-cooperatives-630264081-501

> Alabama Rural Electric Association Of Cooperatives's Health & Welfare plan: 2,495 participants, plan year 2024 financials, providers, and benchmarks from For…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Alabama Rural Electric Association Of Cooperatives

- **Sponsor EIN:** 630264081

- **Sponsor Address:** 340 TECHNACENTER DRIVE, MONTGOMERY, AL, 36117

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 2,495

- **Total Assets:** $6.8M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|2,495|$6.8M|$42.8M|$0|

| 2023|2,703|$5.7M|$37.0M|$0|

| 2022|2,679|$3.5M|$33.7M|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| BLUE CROSS BLUE SHIELD OF ALABAMA|Other Service Provider|$1,464,392|—|$1,464,392|

| COBBS-ALLEN & HALL INC.|Other Service Provider|$126,191|—|$126,191|

| CARR, RIGGS & INGRAM, LLC|Other Service Provider|$27,140|—|$27,140|

| RUSHTON STAKELY JOHNSTON & GARRETT|ERISA Attorney|$6,529|—|$6,529|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [RUSHTON STAKELY JOHNSTON & GARRETT](https://planprovider.pro/provider/rushton-stakely-johnston-and-garrett) — ERISA Attorney

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,624,252

- **Estimated Expense Ratio:** 23.873% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$1,818,812|—|—|—|—|

| 2023|$1,719,207|—|—|—|—|

| 2022|$1,671,077|—|—|—|$1,659,891|

## Similar Plans

- [Dixie Electric Company, INC.](https://planprovider.pro/companies/dixie-electric-company-inc-401k-plan) — 361 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/alabama-rural-electric-association-of-cooperatives-630264081-501)

© 2026 PlanProvider.Pro