Southworth-Milton, Inc.benefits

Southworth-Milton, Inc.'s benefits plans covered 1,407 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $795,736. Insurance brokers and agents were paid $313,036 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.3% of premiums. That is $222 per covered person, above the median for employer plans that report broker pay. Broker pay rose 35% from $231,071 in 2023.