Plan Ledger DOL Form 5500 · updated monthly

Torsion Group Corpbenefits

Torsion Group Corp dba Action Industries Health and Welfare Plan · STRONGSVILLE, OH · plan year 2024

Broker compensation reported · 2024
$19,016

Torsion Group Corp's benefits plans covered 130 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $19,016 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $146 per covered person, below the median for employer plans that report broker pay. Brokers were paid 184.6x the $103 reported for 2023.

Insurance contracts · 20244
COMMUNITY INSURANCE COMPANY · health dental vision ppopremiums n/a · 119 covered
ANTHEM LIFE INSURANCE COMPANY · life stdpremiums n/a · 106 covered
GUARDIANpremiums n/a · 14 covered
ANTHEM LIFE INSURANCE COMPANY · life stdpremiums n/a · 192 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES INC$16,492 · incl $1,339 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 814308729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.