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.
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.
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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.