Social Finance, Inc.benefits

Social Finance, Inc.'s benefits plans covered 120 active participants in 2024, providing health · life · dental · vision · long-term disability · short-term disability · other. Insurance premiums totaled $2,019,648. Insurance brokers and agents were paid $66,164 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $551 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.9% from $70,304 in 2023.