Plan Ledger DOL Form 5500 · updated monthly

Novarad Corporationbenefits

Novarad Corporation Employee Benefits Plan · PROVO, UT · plan year 2024

Broker compensation reported · 2024
$105,192

Novarad Corporation's benefits plans covered 415 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $105,192 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $253 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $89,961 in 2023.

Insurance contracts · 202412
SELECTHEALTH · health hmopremiums n/a · 415 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 7 covered
SELECTHEALTH · health hmopremiums n/a · 8 covered
OPTICARE VISION SERVICES · visionpremiums n/a · 175 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 122 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 122 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 54 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 80 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 16 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 24 covered
EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC · dentalpremiums n/a · 100 covered
Brokers & agents paid · 20245
ALTURA BENEFITS LLC$103,635 · incl $18,350 fees
ALTURA BENEFITS$789
ALTURA BENEFITS, LLC$311
SHERRIE M HOPKINS INS AGNCY$304
Individual agent · names withheld$153

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Altura Benefits LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870624648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.