Toyotetsu America, Inc.
Overview
Toyotetsu America, Inc. sponsors a self-funded health plan that covered 2,524 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,524
- Plan year
- Begins November 1 · next renewal November 2027
- Health plans filed
- Toyotetsu America, Inc. Group Benefit Plan, plan 501 (2,524 participants)
- Broker compensation
- $726K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Reliastar Life Insurance Company | Life, Short-term disability, Long-term disability | 2,417 | $3.3M | $650K |
| Delta Dental of Kentucky | Dental, Vision | 4,985 | $1.3M | $30K |
| Arag Services, LLC | Legal | 329 | $96K | $14K |
| Medical Air Services Association, Inc. | Emergency Transportation | 722 | $91K | $19K |
| American United Life Insurance Company | Lump SUM Disability | 251 | $45K | $11K |
| Four Ever Life Ins. Co. | Business Travel Accident | 2,417 | $6K | $939 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,524 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Toyotetsu America, Inc.
- Sponsor EIN
- 61-1290853
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 61-1290853 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Toyotetsu America, Inc.'s Form 5500 filing for plan year 2024 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Toyotetsu America, Inc..