South American Restaurants, Corp.benefits

South American Restaurants, Corp.'s benefits plans covered 769 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $3,016,305. Insurance brokers and agents were paid $110,047 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $143 per covered person, below the median for employer plans that report broker pay. Broker pay fell 6.0% from $117,050 in 2023.