South Motors Company of Dade Countybenefits

South Motors Company of Dade County's benefits plans covered 116 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $420,354. Insurance brokers and agents were paid $36,067 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.6% of premiums. That is $311 per covered person, above the median for employer plans that report broker pay. Broker pay fell 47% from $68,635 in 2023.