Vernor Material & Equipment Co, Incbenefits
Vernor Material & Equipment Co Health & Welfare Benefits Plan · FREEPORT, TX · plan year 2024
Previously filed as Vernor Material & Equipment Co,Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Vernor Material & Equipment Co, Inc's benefits plans covered 196 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $87,269 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $445 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 2.2% from $89,214 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741823144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.