Opendoor Labs, Inc.benefits

Opendoor Labs, Inc.'s benefits plans covered 2,681 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $223,821. Insurance brokers and agents were paid $164,841 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 73.6% of premiums. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 117% from $76,037 in 2023.