Southland Industries, Inc.benefits

Southland Industries, Inc.'s benefits plans covered 1,145 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $13,193,609. Insurance brokers and agents were paid $721,397 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $630 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 4.5% from $690,346 in 2023.