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Sponsor portfolioWelfare / HealthEIN 86-3497638

VERANEX, INC

5420 WADE PARK BLVD · RALEIGH, NC 27607
9192978881
Plans filed
1
Years active
2022–2025
Industry
NAICS 54
Latest filing
2025
Total premiums (latest)
$5.9M
No prior year
Persons covered
386
No prior year
Total participants
288
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$5.9M
VERANEX HEALTH & WELFARE BENEFIT PLAN
Fully insured386 covered·4 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$5.5M47.6%
Dental$5.5M47.6%
Other$199K1.7%
Life$148K1.3%
Long-term disability$88K0.8%
Vision$63K0.5%
Short-term disability$46K0.4%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
HDOth
$5.5M94.1%14386
UNITED OF OMAHA LIFE INSURANCE COMPANY
EIN 470322111
LSTDLTDOth
$282K4.8%14278
VISION SERVICE PLAN
EIN 061227840
V
$63K1.1%11241
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA
EIN 250687550
Oth
$3K0.0%110

Broker overview

1 broker · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MARSH & MCLENNAN AGENCY LLCRICHMOND, VAUNITED OF OMAHA LIFE INSURANCE COMPANY, CIGNA HEALTH AND LIFE INSURANCE COMPANY, NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA, VISION SERVICE PLAN$59K$178K$237K100.0%1

History & trajectory

4 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
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