Southern Foodservice Mgt., Inc.benefits

Southern Foodservice Mgt., Inc.'s benefits plans covered 2,451 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,878,564. Insurance brokers and agents were paid $149,873 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.0% from $144,171 in 2023.