Transaxle Manufacturing of Americabenefits
Transaxle Manufacturing of America Corporation Wrap Welfare Benefits Plan · ROCK HILL, SC · plan year 2025
Transaxle Manufacturing of America's benefits plans covered 124 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,610,404. Insurance brokers and agents were paid $86,336 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $696 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 12% from $97,780 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 364450957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.