Singing River Electric Cooperativebenefits

Singing River Electric Cooperative's benefits plans covered 252 active participants in 2025, providing health · dental · vision · short-term disability · death benefits. Insurance premiums totaled $3,696,653. Insurance brokers and agents were paid $198,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $787 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 18% from $167,436 in 2024.