I have alarms set up to tell me when my load balancers are throwing 5xxs using the HTTPCode_Backend_5XX metric with the sum statistic. The issue is
HTTPCode_Backend_5XX
sum
As of March 2017, you can treat missing data as acceptable. This will prevent the alarm from being marked as INSUFFICIENT.
You can also set this in CloudFormation using the TreatMissingData property.