Southern Development & Construction, Inc.benefits

Southern Development & Construction, Inc.'s benefits plans covered 259 active participants in 2024, providing health · dental · vision · life · short-term disability · other. Insurance premiums totaled $392,591. Insurance brokers and agents were paid $52,967 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.5% of premiums. That is $205 per covered person, above the median for employer plans that report broker pay. Broker pay fell 44% from $95,362 in 2023.