Minova USA Incbenefits
Minova USA Inc. Health & Welfare Benefits Plan · GEORGETOWN, KY · plan year 2025
Previously filed as Minova USA Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Minova USA Inc's benefits plans covered 223 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $119,455. Insurance brokers and agents were paid $55,781 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.7% of premiums. That is $250 per covered person, above the median for employer plans that report broker pay. Broker pay rose 38% from $40,521 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 341058461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.