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Sponsor portfolio

VERANEX, INC

EIN 86-3497638-research-Latest filing 2025
Plans
2
Retirement
1
$51.5M assets
Welfare
1
$5.9M premiums
Participants
886
5420 WADE PARK BLVD, SUITE 204 - RALEIGH, NC 27607919-297-8881veranex.comLinkedIn1001-5000 employeesresearch
Plans on this EIN
2 filings
#001401k-$51.5M - 598 part#501Fully Insured-$5.9M - 386 lives

Benefits portfolio analytics

1 plan / $5.9M premiums / 386 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$5.5M
  • Dental$5.5M
  • Other$199K
  • Life$148K
  • Long-term disability$88K
  • Vision$63K
  • +1 more
Total $5.9M7 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
94%top
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY94%
  • UNITED OF OMAHA LIFE INSURANCE COMPANY5%
  • VISION SERVICE PLAN1%
  • NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA0%
Total $5.9M4 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • MARSH & MCLENNAN AGENCY LLC100%
Total $237K1 slice

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

VERANEX 401K PLAN

401k

Assets$51.5M
Participants598
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

VERANEX HEALTH & WELFARE BENEFIT PLAN

Fully Insured - CIGNA HEALTH AND LIFE INSURANCE COMPANY

Premiums$5.9M
Covered lives386
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001VERANEX 401K PLAN401k$51.5M5982024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501VERANEX HEALTH & WELFARE BENEFIT PLANFully InsuredCIGNA HEALTH AND LIFE INSURANCE COMPANY$5.9M3862025
Retirement plans
Welfare plans
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