Southminster, Inc.benefits

Southminster, Inc.'s benefits plans covered 185 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $104,737. Insurance brokers and agents were paid $54,856 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 52.4% of premiums. That is $297 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.2% from $56,070 in 2024.