Replacement Parts Inc.benefits

Replacement Parts Inc.'s benefits plans covered 564 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,100,951. Insurance brokers and agents were paid $223,967 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.3% of premiums. That is $397 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.9% from $215,570 in 2024.