Plan Snapshot
- Plan Sponsor: Alfa Mutual Insurance Company
- Sponsor EIN: 630262164
- Sponsor Address: 2108 EAST SOUTH BLVD, MONTGOMERY, AL, 361910001
- Plan Type: 401(k)
- Total Participants: 2,358
- Total Assets: $271.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,358 | $271.9M | $5.2M | $11.4M |
| 2023 | 2,369 | $242.2M | $4.6M | $11.3M |
| 2022 | 2,317 | $213.2M | $4.6M | $10.2M |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $324,888 | — | $324,132 | — | — |
| 2023 | $294,477 | — | $294,062 | — | — |
| 2022 | $309,138 | — | $308,843 | — | — |