Plan Ledger DOL Form 5500 · updated monthly

Veranex, Incbenefits

Veranex Health & Welfare Benefit Plan · RALEIGH, NC · plan year 2025

Broker compensation reported · 2025
$237,282

Veranex, Inc's benefits plans covered 277 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $237,282 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $857 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 20% from $296,860 in 2024.

Insurance contracts · 202510
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dentalpremiums n/a · 386 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 152 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 108 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 183 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 277 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 277 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 278 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 100 covered
VISION SERVICE PLAN · visionpremiums n/a · 241 covered
Brokers & agents paid · 20251
MARSH & MCLENNAN AGENCY LLC$237,282 · incl $177,831 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 863497638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.