Form 5500 · Employee benefit plan · VACHERIE, LA
FAB EMPLOYEE BENEFIT PLAN
The filing calls this plan FIRST AMERICAN BANK & TRUST EMPLOYEE BENEFIT PLAN.
FAB EMPLOYEE BENEFIT PLAN of VACHERIE, LA files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is GALLAGHER BENEFIT SERVICES, INC.. Coverage is written through BLUE CROSS AND BLUE SHIELD OF LOUISIANA and 3 other carriers. The plan's most recent policy period ended in May.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 72-0125095 · plan 501 · plan year 2026, filed Sep 1, 2026
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How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Life: the largest of the 2 insured life contracts, with HUMANA INSURANCE COMPANY, covers 1 of 228 participants (0.4%) on Schedule A.
Disability: the largest of the 2 insured disability contracts, with HUMANA INSURANCE COMPANY, covers 1 of 228 participants (0.4%) on Schedule A.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 5 insured contracts covering health, dental, vision, life and disability; the largest, with BLUE CROSS AND BLUE SHIELD OF LOUISIANA, covers 432 people.
Reported premium across the insured contracts is $4,379,076, with $149,097 in disclosed broker commissions — about 3.4% of premium.
The health contract's policy period ended in May, while at least one ancillary line's policy period ended in April. The plan is on a split renewal cycle.
GALLAGHER BENEFIT SERVICES, INC. is the broker of record on all 5 contracts.
4 carriers appear on the filing, including BLUE CROSS AND BLUE SHIELD OF LOUISIANA, HUMANA INSURANCE COMPANY, COLONIAL LIFE & ACCIDENT INSURANCE COMPANY and HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC.. BLUE CROSS AND BLUE SHIELD OF LOUISIANA writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF LOUISIANA | Health | 432 | May 2, 2026 | $3,887,562 | $69,925 |
| COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | Life, Disability | 166 | May 1, 2026 | $167,002 | $44,730 |
| HUMANA INSURANCE COMPANY | Life, Disability | 1 | May 1, 2026 | $181,871 | $30,269 |
| HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | Vision | 158 | May 1, 2026 | $19,544 | $2,914 |
| BLUE CROSS AND BLUE SHIELD OF LOUISIANA | Dental | 432 | May 2, 2026 | $123,097 | $1,259 |
Premium and claims on these contracts
BLUE CROSS AND BLUE SHIELD OF LOUISIANA, contract 78Y05ERC. For the contract year on this filing, the carrier reported $3,887,562 in premium earned and $2,820,189 in claims incurred. Dividing one by the other gives 73%.
BLUE CROSS AND BLUE SHIELD OF LOUISIANA, contract 78Y05ERC. For the contract year on this filing, the carrier reported $123,097 in premium earned and $110,511 in claims incurred. Dividing one by the other gives 90%.
- BLUE CROSS AND BLUE SHIELD OF LOUISIANA, contract 78Y05ERC reported $1,067,373 in retention.
- BLUE CROSS AND BLUE SHIELD OF LOUISIANA, contract 78Y05ERC reported $12,587 in retention.
Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.
Only experience-rated contracts report these figures, so most filings leave them blank.
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Other plans filed by this employer
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