SOUTHERN COMPANY SERVICES, INC

Formerly SOUTHERN COMPANY SERVICES, INC.

EIN 63-0274273 · GA · Other

Compensation disclosed17 brokers of record, 2021–2024As reported on Form 5500 (Schedules A and C), U.S. Department of Labor.

Employer-paid broker pay2024 · analysis: $2,383,3642023: $1,627,4292022: $2,005,8352021: $1,605,913

Benchmarked against: Other · 10,001–50,000 employees · same industry, regional · n=34 employers (your plan plus 33 peers)

Your exact in-state peer group was below the 10-plan minimum, so the comparison broadens to same industry, regional within Other.

28,147

(latest)

Self-fundedSelf-funded (incl. mixed, stop-loss and level-funded).

Funding

$2,383,364

Broker pay, employer-paid lines (2024)

$7.06

91st pct vs peers · n=34

Lines disclosed: Dental · Life · Short-term disability · Long-term disability

Broker pay as a share of insured premium: 2.3% (peer median 4.9%, 18th percentile).

Without the 5 low-disclosure peers, this plan is at the 93rd percentile of 29 comparable plans (your plan plus 28 peers).

Per-participant and share-of-premium comparisons differ because your plan insures more lines than most peers. The line-by-line rates below are the most direct comparison.

Self-funded medical. This figure is commissions on the insured ancillary lines (life, disability, dental, vision, stop-loss). A self-funded employer's medical advisor is typically paid a fee outside these filings, so total broker pay is usually higher than the figure shown.

Broker commission rate by benefit line

What the broker earns on each insured line, as a share of that line's own premium — not a share of total broker pay, and not what the coverage cost. Peers for these tiles: the tightest available peer cell for each line. Full table below. How the national rates are built.

Dental

1.0%

Peer median 1.2%

Within peer range

Life

4.6%

Peer median 3.3%

Within peer range

Long-term disability

1.3%

Peer median 2.7%

Below peer range

Short-term disability

5.8%

Peer median 7.1%

Within peer range

Vision is not on this filing as its own contract, so there is no peer rate to show for it.

This page shows what was filed. The report shows what it means.

What the gap is worth — the dollar difference vs. peer median, including a 3-year view
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Where the $2,383,364 across all lines goes

Each broker and each benefit line, in dollars

How much broker pay rides inside the premium

Base commission against bonuses and other carrier payments, all funded through premium

Whether this number is drifting

Compensation across every filed year, against the peer median

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Benefits covered (latest filing)

HealthDentalLife insuranceLong-term disabilityApprenticeship / trainingSeveranceOtherShort-term disability

From the Form 5500 welfare benefit codes — the authoritative list of what the plan covers, including medical (health).

Disclosure opacity

What this filing doesn't show

This filing discloses no compensation on a health or stop-loss contract for 2024 — the plan's largest lines are absent from the public record. That is typical for self-funded plans, not reassuring: 53% of self-funded health plans with 100+ participants disclose the same — nothing (42K plans reviewed, 2024 filings). How we count this. The compensation still exists — under ERISA Section 408(b)(2), it must be disclosed in writing to the plan fiduciary on request.

Get the 408(b)(2) disclosure request letter — a ready-to-send request for the compensation this filing doesn't show. Free with an employer account.

Broker history

Benefit lines covered by year — broker identity limited on public pages

Medical here is self-funded. The employer pays its own health claims (usually through a TPA), so there's no insurance contract for medical and it never appears on Schedule A. The itemized lines below are the insured ancillary coverages — dental, vision, life, disability. Self-funded medical broker or consultant fees paid from plan assets are reported on Schedule C — shown below, tagged Sch. C. What Schedule C does not capture is advisor pay the employer makes from its own corporate funds instead of plan assets, which is not reportable, so the filed figure can be lower than what an advisor is paid in total.

Year:

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Commission rates by benefit line

Each insured contract on the filing, with the broker's commission as a share of that contract's own premium. Premium is what was paid to the carrier for the coverage; only the commission column is broker pay.

Benefit line	Contract	Rate	vs. peers	Position
Dental ($0 premium)	Delta Dental Insurance CompanyPlan 607 · 80,818 lives · Dental	1.0%	med 1.2%	Within peer range
Life ($0 premium)	Metropolitan Life Insurance CompanyPlan 607 · 28,456 lives · Life	4.6%	med 3.3%	Within peer range
Long-term disability · contract 119175L	Metropolitan Life Insurance Company	1.3%	med 2.7%	Below peer range
Life ($0 premium)	Metropolitan Life Insurance CompanyPlan 518 · 16,021 lives · Life	1.2%	med 3.3%	Below peer range
Life ($0 premium)	Metropolitan Life Insurance CompanyPlan 802 · 2,725 lives · Life	2.4%	med 6.4%	Within peer range
Life ($0 premium)	Metropolitan Life Insurance CompanyPlan 607 · 63,135 lives · Other (AD&D)	5.8%	med 2.1%	Within peer range
Life ($0 premium)	Metropolitan Life Insurance CompanyPlan 607 · 30,104 lives · Life	5.5%	med 3.3%	Within peer range
Dental ($0 premium)	Delta Dental Insurance CompanyPlan 802 · 1,727 lives · Dental	0.9%	med 7.0%	Below peer range
Life ($0 premium)	Genworth Life Insurance CompanyPlan 607 · 516 lives · Life	3.2%	med 11.9%	Below peer range
Long-term disability · contract 162037	Provident Life and Accident Insurance CompanyPlan 607 · 468 lives · Long-term disability	20.3%	med 15.6%	Above peer range
Short-term disability · contract 0119175A	Metropolitan Life Insurance CompanyPlan 607 · 3,496 lives · Short-term disability	5.8%	med 7.1%	Within peer range
Short-term disability · contract 119175G	Metropolitan Life Insurance CompanyPlan 607 · 1,864 lives · Short-term disability	5.8%	med 12.0%	Below peer range
Long-term disability · contract 129543	Provident Life and Accident Insurance CompanyPlan 607 · 129 lives · Long-term disability	13.9%	med 15.6%	Within peer range
Life ($0 premium)	Genworth Life Insurance CompanyPlan 607 · 118 lives · Life	2.9%	med 15.2%	Below peer range
Long-term disability · contract 126879	Provident Life and Accident Insurance CompanyPlan 607 · 28 lives · Long-term disability	14.9%	med 17.3%	Within peer range
Long-term disability · contract 085156	Provident Life and Accident Insurance CompanyPlan 607 · 45 lives · Long-term disability	0.6%	med 17.3%	No commission on this contract

Bundled and other contracts — no single-line peer comparison

A bundled contract covers two or more lines on one premium (for example Health + Dental). Its effective rate is the commission on the whole premium; it is shown for completeness and never compared with single-line peers, because the mix of lines inside the bundle sets the rate as much as the broker does.

Covers	Contract	Effective rate	vs. peers
Other benefitOther benefit	Blue Cross Blue Shield of IllinoisPlan 607	<0.1%	No comparable line

How the peer group for each line was built

Dental: n=16 contracts, national, 50000+ covered lives
Life: n=215 contracts, Southeast, 10001-50000 covered lives
Long-term disability: n=61 contracts, Southeast, 10001-50000 covered lives
Life: n=422 contracts, Southeast, 2501-10000 covered lives
Life: n=41 contracts, Southeast, 50000+ covered lives
Dental: n=795 contracts, Southeast, 501-2500 covered lives
Life: n=1,145 contracts, Southeast, 501-2500 covered lives
Long-term disability: n=1,753 contracts, Southeast, 101-500 covered lives
Short-term disability: n=75 contracts, Southeast, 2501-10000 covered lives
Short-term disability: n=325 contracts, Southeast, 501-2500 covered lives
Life: n=2,865 contracts, Southeast, 101-500 covered lives
Long-term disability: n=742 contracts, Southeast, 1-100 covered lives

n = the number of peer contracts in that comparison group.

Everything in this table is from the 2024 filing. These 17 contracts are a subset of the broker compensation disclosed for that year. The remainder sits on contracts with no premium reported or on Schedule C service-provider fees, which carry no contract rate.

Peer comparison here is contract-level: each line is matched to single-line contracts covering a similar number of lives. The geography and size band come from that cell's generated scope label. That is a different group from the plan-level peer set, which compares employers on total broker cost per employee, so the two sample sizes are not expected to agree. The national table on the research page includes every single-line contract on that benefit line. Company pages use the tightest cell with at least 10 contracts — region and size when those exist, otherwise national. The two medians answer different questions, so they are not expected to match. Contracts under $10,000 in premium are listed for completeness, with no rate or peer position. A near-zero rate on a large premium usually means the broker is paid elsewhere (through a bundled contract, a Schedule C fee, or commission on other lines), so no market position is shown for that contract.

Plans on file

Expand a plan to see its insured contracts and year-over-year history — the details someone on the plan can recognize and verify.

PN 607SOUTHERN COMPANY SERVICES, INC. HEALTH AND WELFARE BENEFITS PLAN28K participants (2024)

HealthDentalLife insuranceLong-term disabilityApprenticeship / trainingSeveranceOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

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PN 518RETIREE GROUP LIFE INSURANCE PLAN FOR SOUTHERN COMPANY SERVICES, INC.0 participants (2024)

DentalSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

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PN 608SOUTHERN COMPANY SERVICES, INC. HEALTH CARE PLAN FOR RETIREES0 participants (2024)

HealthOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

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PN 702SOUTHERN COMPANY SERVICES, INC. HEALTH REIMBURSEMENT ARRANGEMENT FOR RETIREES PLAN0 participants (2024)

HealthLife insuranceSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

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PN 802HEALTH AND WELFARE PLAN FOR RETIREES & INACTIVE EMPLOYEES OF SOUTHERN COMPANY GAS0 participants (2024)

HealthDentalLife insuranceShort-term disabilityApprenticeship / trainingOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

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Covers = benefits reported on the Form 5500 (welfare benefit codes). Contracts = insured lines itemized on Schedule A; a self-funded medical line never appears there.

At a glance

Primary brokerLimited on public pages

Years on file4

Lead broker continuitySame primary broker

Broker setup12 brokers in 202417 across all years

Most

Peer benchmarkOthern=34 · regional peers

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How do similar employers compare?

Employers in the same peer group (Other, similar size), from public Form 5500 filings. Open one to see what it pays its broker.

Browse more: Georgia employer health plans · Other plans in Georgia · all states

Sourced from Form 5500 filings as submitted to the U.S. Department of Labor. Most recent plan year on file: 2024. Dataset refreshed October 7, 2026. Plan years are labeled by the year they begin, so a July 2024 – June 2025 plan year is 2024. Filings may lag 12–18 months behind the current plan year.

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