Kansas State University Foundationbenefits

Kansas State University Foundation's benefits plans covered 147 active participants in 2024, providing life · death benefits · other. Insurance premiums totaled $2,237,291. Insurance brokers and agents were paid $71,405 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $486 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.0x the $17,739 reported for 2023.