Southern Specialties, Incbenefits

Southern Specialties, Inc's benefits plans covered 464 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $647,889. Insurance brokers and agents were paid $43,264 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $93 per covered person, below the median for employer plans that report broker pay. Broker pay fell 29% from $60,558 in 2023.