South Community Inc.benefits

South Community Inc.'s benefits plans covered 204 active participants in 2024, providing health · life · long-term disability. Insurance premiums totaled $90,079. Insurance brokers and agents were paid $60,205 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 66.8% of premiums. That is $295 per covered person, above the median for employer plans that report broker pay. Broker pay rose 28% from $46,922 in 2023.