Plan Ledger DOL Form 5500 · updated monthly

Toughbuilt Industries, Inc.benefits

Toughbuilt Industries, Inc. Health and Welfare Benefits Plan · IRVINE, CA · plan year 2023

Broker compensation reported · 2023
$106,753

Toughbuilt Industries, Inc.'s benefits plan covered 105 active participants in 2023, providing health · dental · vision. Insurance brokers and agents were paid $106,753 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,017 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20233
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 80 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 26 covered
BLUE CROSS OF CALIFORNIA · health hmo ppopremiums n/a · 169 covered
Brokers & agents paid · 20232
CENTERSTONE INSURANCE & FINANCIAL$22,265 · incl $22,265 fees
SEQUOIA BENEFITS & INS SVCS LLC$84,488 · incl $9,197 fees
Also brokered by Centerstone Insurance & Financial5
Taprx LLC VA$68,551

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 460820877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.