Southern States Cooperative, Inc.benefits

Southern States Cooperative, Inc.'s benefits plans covered 1,482 active participants in 2024, providing life · long-term disability · death benefits · other. Insurance premiums totaled $329,538. Insurance brokers and agents were paid $101,461 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.8% of premiums. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay.