Plan Ledger DOL Form 5500 · updated monthly

General Tool Incbenefits

General Tool Inc Employee Benefits Welfare Plan · IRVINE, CA · plan year 2024

Broker compensation reported · 2024
$92,514

General Tool Inc's benefits plans covered 124 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $92,514 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $746 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 2.5% from $90,272 in 2023.

Insurance contracts · 20242
AMERITAS LIFE INSURANCE CORP. · dental visionpremiums n/a · 272 covered
CALIFORNIA PHYSICIANS' SERVICE (BLUE SHIELD OF CALIFORNIA) · health drugpremiums n/a · 160 covered
Brokers & agents paid · 20241
FRENCH & CORMANY INSURANCE SVC$92,514 · incl $78,057 fees
Also brokered by French & Cormany Insurance Svc4
Toyota Place CA$137,589

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 800494601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.