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  2. VERNOR MATERIAL & EQUIPMENT CO, INC
Sponsor portfolio

VERNOR MATERIAL & EQUIPMENT CO, INC

EIN 74-1823144-construction-Latest filing 2025
Plans
3
Retirement
1
$7.8M assets
Welfare
2
$1.4M premiums
Participants
439
545 WILSON ROAD - FREEPORT, TX 77541979-233-3366vernor.comLinkedIn201-500 employeesconstruction
Plans on this EIN
3 filings
#003401k-$7.8M - 243 part#502Fully Insured-$1.4M - 196 lives#505Self Funded-0 lives

Benefits portfolio analytics

2 plans / $1.4M premiums / 196 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Other$1.4M
  • Health$1.1M
  • Prescription drug$1.1M
  • Dental$214K
  • Vision$214K
  • Life$214K
  • +2 more
Total $1.4M8 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
84%top
  • BLUE CROSS OF CALIFORNIA84%
  • EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA16%
Total $1.4M2 slices

Broker market share

Schedule A broker compensation

Split broker
91%top
  • BROWN & BROWN INSURANCE SERVICES91%
  • THE WORKSITE GROUP LLC9%
Total $87K2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#003

VME 401(K) PLAN

401k

Assets$7.8M
Participants243
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#502

VERNOR MATERIAL & EQUIPMENT CO HEALTH & WELFARE BENEFITS PLAN

Fully Insured - BLUECROSS BLUESHIELD OF TEXAS

Premiums$1.4M
Covered lives196
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#505

VERNOR EMPLOYEE BENEFIT PLAN TRUST

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
003VME 401(K) PLAN401k$7.8M2432024

Welfare plans2

Plan #NameFundingCarrierPremiumsCoveredLatest year
502VERNOR MATERIAL & EQUIPMENT CO HEALTH & WELFARE BENEFITS PLANFully InsuredBLUECROSS BLUESHIELD OF TEXAS$1.4M1962025
505VERNOR EMPLOYEE BENEFIT PLAN TRUSTSelf Funded-$002025
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