Vertex, Inc.benefits
Vertex, Inc. Severance Plan · KING OF PRUSSIA, PA · plan year 2025
Broker compensation reported · 2025
$410,258
Vertex, Inc.'s benefits plans covered 1,559 active participants in 2025. Insurance premiums totaled $1,965,905. Insurance brokers and agents were paid $410,258 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.9% of premiums. That is $263 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $368,075 in 2024.
Insurance contracts · 202511
GRANULAR INSURANCE COMPANY · stop-loss$2.0M · 1,230 covered
EYEMED VISION CARE · visionpremiums n/a · 1,257 covered
AETNA LIFE INSURANCE COMPANYpremiums n/a · 682 covered
NEW YORK LIFE (LIFE INSURANCE COMPANY OF NORTH AMERICA) · lifepremiums n/a · 1,544 covered
AETNA INTERNATIONALpremiums n/a · 291 covered
ARAG INSURANCE COMPANYpremiums n/a · 414 covered
EYEMED VISION CARE · visionpremiums n/a · 17 covered
NEW YORK LIFE (LIFE INSURANCE COMPANY OF NORTH AMERICA) · ltdpremiums n/a · 1,518 covered
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGHpremiums n/a · 1,523 covered
NEW YORK LIFE (LIFE INSURANCE COMPANY OF NORTH AMERICA) · lifepremiums n/a · 359 covered
NEW YORK LIFE (LIFE INSURANCE COMPANY OF NORTH AMERICA)premiums n/a · 1,544 covered
Brokers & agents paid · 20251
MARSH & MCLENNAN AGENCY LLC$410,258 · incl $128,931 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643
Truist Financial Corporation NC$2,912,639
The Goodyear Tire & Rubber Company OH$1,999,036
Netcracker Technology Corporation MA$1,935,435
Breeze Aviation Group, Inc UT$1,518,374
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 232081753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.