Versova Management Company, LLC.

Sioux Center, IA AgricultureNAICS 112300

Self-funded health planPlan year 2025Renews January

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2,010Participants+5% vs. prior year

$4.8MEst. pharmacy spend / yrParticipants × national avg.

Jan 2027Next renewalPlan year begins January 1

#1 of 4Agriculture in IABy participants

Overview

Versova Management Company, LLC. sponsors a self-funded health plan that covered 2,010 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type: ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants: 2,010 · prior year 1,908
Plan year: Begins January 1 · next renewal January 2027
Health plans filed: Versova Management Cooperative Welfare Benefit Plan, plan 501 (2,010 participants)
Broker compensation: $78K across insured contracts

MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

Carrier	Coverage	Covered	Premium	Broker comp
Principal Life Insurance Company	Vision, Life, Long-term disability	2,951	$629K	$78K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$4.8M/ year

Estimated prescription spend: 2,010 participants × $2,371 national average per member. Usually higher once dependents are counted.

$124K–$305K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$36K–$91K

Lower-cost therapeutic alternatives$53K–$111K

Generic pricing vs. actual cost$23K–$69K

PBM contract terms$12K–$36K

The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing: Form 5500 with Schedule A, plan year 2025
Plan sponsor: Versova Management Company, LLC.
Sponsor EIN: 81-0903080
Plan number: 501
Filed with: U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-0903080 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Versova Management Company, LLC.'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 Versova Management Company, LLC..

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