Form 5500 · Employee benefit plan · TROY, AL
TROY BANK AND TRUST COMPANY
The filing calls this plan TROY BANK AND TRUST 125 FRINGE BENEFIT PLAN.
TROY BANK AND TRUST COMPANY of TROY, AL spreads its employee benefits across 5 insurance carriers, according to its Form 5500 Schedule A. Its broker of record is THE JREED AGENCY, LLC. Coverage is written through BLUE CROSS AND BLUE SHIELD OF ALABAMA and 4 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 63-0212370 · plan 501 · plan year 2025, filed Jun 23, 2026
Get an email when this employer files a new Form 5500, and again about four months before its plan renews.
How this plan is funded
Funding not settled by the filing
The filing does not report enough to settle how this plan pays for benefits.
Benefits declared on this filing
3 contracts on this filing do not say which benefits they cover, so a line above may be insured by one of them.
Also declared: other welfare.
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 8 insured contracts covering dental, vision and disability; the largest, with BLUE CROSS AND BLUE SHIELD OF ALABAMA, covers 271 people.
The filing declares dental, vision, disability and life. Life appears with no insured contract on Schedule A. That coverage may be self-funded, placed with a carrier that is not on this filing, or written on one of the 3 contracts here that do not say what they cover.
Reported premium across the insured contracts is $326,896, with $28,412 in disclosed broker commissions — about 8.7% 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.
THE JREED AGENCY, LLC is the broker of record on 1 of the 8 contracts; the rest name a different broker or none.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| AFLAC | Disability | 90 | Jan 1, 2026 | $70,376 | $11,176 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | Disability | 160 | Jan 2, 2026 | $56,378 | $5,638 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | — | 160 | Jan 2, 2026 | $47,323 | $4,732 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | — | 90 | Jan 2, 2026 | $27,250 | $2,725 |
| AMERITAS LIFE INSURANCE CORP. | Vision | 272 | Jan 1, 2026 | $22,136 | $2,214 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | Disability | 78 | Jan 2, 2026 | $19,266 | $1,927 |
| BLUE CROSS AND BLUE SHIELD OF ALABAMA | Dental | 271 | Jan 1, 2026 | $84,167 | $0 |
| WAGEWORKS | — | 52 | Jan 1, 2026 | — | $0 |
Premium and claims on this contract
BLUE CROSS AND BLUE SHIELD OF ALABAMA, contract 09827. For the contract year on this filing, the carrier reported $84,167 in premium earned and $70,061 in claims incurred. Dividing one by the other gives 83%.
- BLUE CROSS AND BLUE SHIELD OF ALABAMA, contract 09827 reported $13,897 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.
Other plans filed by this employer
How this plan compares
Subscribers see how this compares with similar plans in Alabama. A subscription also adds this plan's filing history and the renewal calendar for its state. See plans and prices
Without an account you can open 10 employer, broker and carrier pages a day, including through an AI assistant, and 50 a day with a free account. Paid plans are what keep these records free to read.
More employer plans in Alabama — largest plans, brokers, carriers and renewal months.