Southern Company Services, Incbenefits

Southern Company Services, Inc's benefits plans covered 28,147 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $20,597,413. Insurance brokers and agents were paid $2,269,381 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.0% of premiums. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay rose 52% from $1,492,557 in 2023.