Vip Parts, Tires and Servicebenefits

Vip Parts, Tires and Service's benefits plans covered 360 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,970,140. Insurance brokers and agents were paid $165,725 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $460 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 19% from $138,956 in 2023.