Toyotetsu America, Inc.benefits

Toyotetsu America, Inc.'s benefits plans covered 2,417 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $320,711. Insurance brokers and agents were paid $725,634 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 226.3% of premiums. That is $300 per covered person, above the median for employer plans that report broker pay. Broker pay rose 31% from $552,334 in 2023.