Plan Ledger DOL Form 5500 · updated monthly

The Toro Companybenefits

The Toro Company Welfare Benefits Plan · MINNEAPOLIS, MN · plan year 2024

Broker compensation reported · 2024
$44,148

The Toro Company's benefits plans covered 7,363 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $44,148 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $6 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 21% from $55,878 in 2023.

Insurance contracts · 20246
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 297 covered
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 7,363 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 393 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 7,384 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,937 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 20 covered
Brokers & agents paid · 20243
AON CONSULTING INC.$31,242 · incl $31,242 fees
FIDELITY HEALTH INSURANCE SERVICES$8,923 · incl $907 fees
MERCER$3,983
Also brokered by Aon5
Walgreen Co. IL$25,664,274
Macy's, Inc. OH$5,287,224
Trinet HR III, Inc. CA$4,596,776

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410580470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.