Form 5500 · Employee benefit plan · DECATUR, AL
MAGNOLIA RIVER
MAGNOLIA RIVER of DECATUR, AL files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is VALENT GROUP LLC. Coverage is written through BLUE CROSS AND BLUE SHIELD OF ALABAMA and 2 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 63-1258796 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 3 insured contracts covering health, dental, vision, life and disability; the largest, with BLUE CROSS AND BLUE SHIELD OF ALABAMA, covers 713 people.
Reported premium across the insured contracts is $8,932,336, with $60,093 in disclosed broker commissions — about 0.7% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
VALENT GROUP LLC is the broker of record on 1 of the 3 contracts; the rest name a different broker or none.
3 carriers appear on the filing — BLUE CROSS AND BLUE SHIELD OF ALABAMA, SYMETRA LIFE INSURANCE COMPANY and VISION SERVICE PLAN — with BLUE CROSS AND BLUE SHIELD OF ALABAMA writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| SYMETRA LIFE INSURANCE COMPANY | Life, Disability | 883 | December | $356,317 | $52,113 |
| VISION SERVICE PLAN | Vision | 594 | December | $106,854 | $7,980 |
| BLUE CROSS AND BLUE SHIELD OF ALABAMA | Health, Dental | 713 | December | $8,469,165 | $0 |
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