Southern Development Resources, LLCbenefits

Southern Development Resources, LLC's benefits plans covered 218 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $9,213,416. Insurance brokers and agents were paid $659,884 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $3,027 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 4.3x the $152,622 reported for 2023.