Southern Company Services, Inc.
Overview
Southern Company Services, Inc. sponsors a self-funded health plan that covered 1,755 participants in plan year 2025, up 33% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,755 · prior year 1,325
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Southern Company Services, Inc. Health Reimbursement Arrangement for Retirees Plan, plan 702 (1,755 participants)
- Broker compensation
- $2.1M across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Anthem Blue Cross Blue Shield | Medical | 21,325 | $75.0M | — |
| Metropolitan Life Insurance Company | Business Travel AD&D, Long-term disability, Life, AD&D, Short-term disability | 63,302 | $68.2M | $1.5M |
| Delta Dental Insurance Company | Dental | 83,535 | $29.0M | $290K |
| Blue Cross and Blue Shield of Alabama | Medical, PPO, Prescription drug | 1,784 | $13.1M | — |
| Blue Cross Blue Shield of Illinois | HMO | 1,000 | $10.3M | $61K |
| Kaiser Foundation Health Plan of Georgia,inc | Medical | 768 | $5.4M | — |
| John Hancock Life Insurance Company | Group Long-Term Care Insurance | 879 | $1.9M | — |
| Genworth Life Insurance Company | Life | 516 | $915K | $27K |
| Provident Life and Accident Insurance Company | Long-term disability | 454 | $861K | $143K |
| New Directions Behavioral Health | Employee Assistance Program | 34,531 | $633K | — |
| Metropolitan Tower Life Insurance Company | Short-term disability | 1,899 | $269K | $14K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,755 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Southern Company Services, Inc.
- Sponsor EIN
- 63-0274273
- Plan number
- 702
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0274273 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Southern Company Pension Plan
- Type
- Pension plan
- Participants
- 58,821
About this data
Source: Southern Company Services, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Southern Company Services, Inc..