Toyota of Orange, Inc.benefits
Toyota of Orange, Inc. Flexible Benefit Plan · ORANGE, CA · plan year 2024
Toyota of Orange, Inc.'s benefits plans covered 2,066 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,641,631. Insurance brokers and agents were paid $1,037,247 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.3% of premiums. That is $502 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 4.3% from $1,084,342 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 952746122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.