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Sponsor portfolioWelfare / HealthEIN 38-2892156
VEC (USA), INC.
650 IONIA STREET · GRAND RAPIDS, MI 49503
6164750900
- Plans filed
- 1
- Years active
- 2015–2025
- Industry
- NAICS 42
- Latest filing
- 2025
Total premiums (latest)
$2.9M
No prior year
Persons covered
577
No prior year
Total participants
714
No prior year
Plans filed
1
No prior year
Plans under this sponsor
1 plan
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $2.3M | 37.5% | |
| Prescription drug | $2.3M | 37.5% | |
| Other | $488K | 8.1% | |
| Long-term disability | $376K | 6.3% | |
| Life | $271K | 4.5% | |
| Short-term disability | $211K | 3.5% | |
| Dental | $97K | 1.6% | |
| Vision | $49K | 0.8% |
Carrier overview
7 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 382715520 | HRx | $2.3M | 78.0% | 1 | 2 | 203 |
EIN 350472300 | LSTDLTDOth | $317K | 11.0% | 1 | 2 | 395 |
EIN 470322111 | LLTDOth | $165K | 5.7% | 1 | 1 | 487 |
EIN 135581829 | D | $97K | 3.4% | 1 | 1 | 214 |
EIN 470397286 | V | $32K | 1.1% | 1 | 1 | 577 |
EIN 430949844 | V | $17K | 0.6% | 1 | 1 | 260 |
EIN 010278678 | Oth | $6K | 0.2% | 1 | 1 | 30 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC | KANSAS CITY, MO | METROPOLITAN LIFE INSURANCE COMPANY, THE LINCOLN NATIONAL LIFE INSURANCE COMPANY, UNUM LIFE INSURANCE COMPANY OF AMERICA, FIDELITY SECURITY LIFE INSURANCE COMPANY, PRIORITY HEALTH | $108K | $4K | $112K | 71.6% | 1 |
| LIGHTHOUSE GROUP | GRAND RAPIDS, MI | RENAISSANCE LIFE AND HEALTH INSURANCE COMPANY OF AMERICA, UNITED OF OMAHA LIFE INSURANCE COMPANY, UNUM LIFE INSURANCE COMPANY OF AMERICA, THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $39K | $6K | $44K | 28.4% | 1 |
History & trajectory
11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.
Policy details
Latest year, by plan