Toyota Industries North America, Inc.
Updated Filing received by DOL
Toyota Industries North America, Inc., a management of companies employer in Columbus, Indiana, reported 13,976 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 26 insurance contracts with no premium reported and $319,416 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on September 26, 2025, within the extension window.
Who was paid on Toyota Industries North America, Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Toyota Industries North America, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Mercer · Chicago, IL | $53,224 | $175,608 | $228,832 | 8 |
| Empower Benefits, Inc. · Naples, FL | $51,963 | $0 | $51,963 | 5 |
| Long Term Care Solutions, Inc. · Redmond, WA | $27,059 | $0 | $27,059 | 12 |
| Corestream · Tampa, FL | $11,563 | $0 | $11,563 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
The 24 largest of 26 contracts reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Toyota Industries North America, Inc. compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 12,880 | 13,976 | +8.5% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $324,263 | $319,416 | −1.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Toyota Industries North America, Inc. Welfare Benefit Plan#503 · insurance, general assets | December 31, 2024 | September 26, 2025 | within extension | 13,976 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Toyota Industries North America, Inc. pay in health insurance broker commissions in 2024?
Toyota Industries North America, Inc.'s 2024 Form 5500 reports $319,416 in broker commissions and fees across 26 insurance contracts ($143,808 in commissions, $175,608 in fees), with Mercer receiving the largest share.
Is Toyota Industries North America, Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Kaiser Foundation Health Plan Inc, Kaiser Foundation Health Plan of Washington, Kaiser Foundation Health Plan of the Northwest.
How does Toyota Industries North America, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Toyota Industries North America, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.