Vertex, Inc.
Overview
Vertex, Inc. sponsors a self-funded health plan that covered 1,440 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,440 · prior year 1,433
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Vertex, Inc. Health & Welfare Plan, plan 514 (1,440 participants)
- Stop-loss carrier
- Granular Insurance Company
- Broker compensation
- $410K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Granular Insurance Company | Stop-loss | 1,230 | $2.0M | $98K |
| New York Life (life Insurance Company of North America) | Life, Long-term disability, Accidental Death and Dismemberment | 1,544 | $1.4M | $253K |
| Aetna Life Insurance Company | Accident, Hospital Indemnity, Critical I | 682 | $193K | $40K |
| Eyemed Vision Care | Vision | 1,257 | $147K | $15K |
| Arag Insurance Company | Legal | 414 | $48K | $5K |
| National Union Fire Insurance Company of Pittsburgh | Business Travel Accident | 1,523 | $25K | — |
| Aetna International | AGB Worldtraveler | 291 | $11K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,440 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Vertex, Inc.
- Sponsor EIN
- 23-2081753
- Plan number
- 514
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 23-2081753 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Vertex, Inc. 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,928
About this data
Source: Vertex, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Vertex, Inc..