Plan Ledger DOL Form 5500 · updated monthly

Thompson Toyota, Inc.benefits

Thompson Toyota Inc. Flexible Benefit Plan · DOYLESTOWN, PA · plan year 2024

Previously filed as Thompson Toyota Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$79,720

Thompson Toyota, Inc.'s benefits plans covered 360 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,257,381. Insurance brokers and agents were paid $79,720 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $221 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10% from $88,607 in 2023.

Insurance contracts · 20244
KEYSTONE HEALTH PLAN EAST · health$2.7M · 365 covered
INDEPENDENCE BLUE CROSS · health drug ppo$537K · 66 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental life std ltdpremiums n/a · 361 covered
VISION SERVICE PLAN · visionpremiums n/a · 254 covered
Brokers & agents paid · 20245
MARSH & MCLENNAN AGENCY LLC$54,967 · incl $7,178 fees
BIRCH BENEFITS, LLC$15,428
AMERIHEALTH ADMINISTRATORS INC.$7,652
KISTLER TIFFANY BENEFITS GEN AGENCY$1,218
BIRCH BENEFITS$455
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231707868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.