Unboundbenefits
Unbound Group Employee Benefit Programs · KANSAS CITY, KS · plan year 2024
Unbound's benefits plans covered 112 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,695,775. Insurance brokers and agents were paid $120,011 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $1,072 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 14% from $139,332 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 431243999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.