Koury Corporation
Overview
Koury Corporation sponsors a self-funded health plan that covered 601 participants in plan year 2024. The plan year starts in February. 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
- 601
- Plan year
- Begins February 1 · next renewal February 2027
- Health plans filed
- Koury Corporation Employee Health & Welfare Plan, plan 501 (601 participants)
- Stop-loss carrier
- Sun Life Assurance Company of Canada; Tokio Marine HCC - A&h Group
- Broker compensation
- $98K 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 |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Dental, Stop-loss | 413 | $711K | $49K |
| Unum Life Insurance Company of America | Life, Long-term disability, Short-term disability, Lifestyle AD&D, Lifestyle Life | 601 | $217K | $27K |
| Tokio Marine HCC - A&h Group | Stop-loss | 381 | $193K | $6K |
| Unum Life Insurance Company | GRP Accident, Specified Disease, Hospital EE Paid | 138 | $63K | $13K |
| Fidelity Security Life Insurance Company | Vision | 410 | $30K | $3K |
| United Health Care Insurance Company | Transplant | 378 | $28K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 601 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 2024
- Plan sponsor
- Koury Corporation
- Sponsor EIN
- 56-6030766
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-6030766 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Koury Corporation 401(k) / Profit Sharing Retirement Plan
- Type
- 401(k) plan
- Participants
- 1,088
About this data
Source: Koury Corporation's Form 5500 filing for plan year 2024 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 Koury Corporation.