Alfa Mutual Insurance Company
Overview
Alfa Mutual Insurance Company sponsors a self-funded health plan that covered 2,756 participants in plan year 2025, down 4% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,756 · prior year 2,871
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Alfa Flex Plan, plan 505 (2,756 participants); Blue Cross Blue Shield of Alabama for Alfa Mutual Insurance Company, plan 503 (2,255 participants)
- Broker compensation
- $218K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| The Prudential Insurance Company of America | Long-term disability | 1,631 | $683K | $123K |
| Vision Service Plan | Vision | 1,608 | $317K | $31K |
| Aflac | Supplemental Cancer | 467 | $209K | $35K |
| Metropolitan Life Insurance Company | AD&D, Life | 2,472 | $189K | $13K |
| Alfa Mutual Insurance Company | Life | 2,808 | $131K | — |
| Continental American Insurance Company | Accident and Hospital | 31 | $71K | $16K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,756 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Alfa Mutual Insurance Company
- Sponsor EIN
- 63-0262164
- Plan numbers
- 505, 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0262164 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Savings and Profit Sharing Plan and Trust Agreement of Alfa Mutual Insurance Company
- Type
- 401(k) plan
- Participants
- 2,882
About this data
Source: Alfa Mutual Insurance Company's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Alfa Mutual Insurance Company.