Form 5500 · Employee benefit plan · PROVO, UT
NOVARAD CORPORATION
NOVARAD CORPORATION of PROVO, UT files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is ALTURA BENEFITS LLC. Coverage is written through SELECTHEALTH and 4 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 87-0624648 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 12 insured contracts covering health, dental, vision, life and disability; the largest, with SELECTHEALTH, covers 415 people.
Reported premium across the insured contracts is $2,070,790, with $79,120 in disclosed broker commissions — about 3.8% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
ALTURA BENEFITS LLC is the broker of record on all 12 contracts.
5 carriers appear on the filing — SELECTHEALTH, EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC, THE LINCOLN NATIONAL LIFE INSURANCE COMPANY and OPTICARE VISION SERVICES among them — with SELECTHEALTH writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| SELECTHEALTH | Health | 415 | December | $1,787,609 | $53,266 |
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | Life | 80 | December | $48,322 | $7,248 |
| EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC | Dental | 100 | December | $85,926 | $5,156 |
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | Disability | 122 | December | $29,436 | $3,472 |
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | 16 | December | $10,893 | $2,179 |
| SELECTHEALTH | Health | 8 | December | $59,634 | $1,784 |
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | 54 | December | $11,757 | $1,764 |
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | 24 | December | $7,511 | $1,502 |
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | Life | 122 | December | $9,840 | $1,192 |
| OPTICARE VISION SERVICES | Vision | 175 | December | $11,332 | $789 |
| COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | — | 7 | December | $4,673 | $768 |
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | 11 | December | $3,857 | — |
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