Lucid Software Inc.

South Jordan, UT Professional servicesNAICS 541512

Self-funded health planPlan year 2025Renews January
967Participants+5% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 8Professional services in UTBy participants

Overview

Lucid Software Inc. sponsors a self-funded health plan that covered 967 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, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
967 · prior year 923
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lucid Software Inc. Health and Welfare Plan, plan 506 (967 participants)
Broker compensation
$139K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Starmount Life Insurance CompanyDental872$676K$38K
The Lincoln National Life Insurance CompanyLife, Long-term disability967$324K$31K
United Healthcare Insurance CompanyOrgan Transplant1,970$133K—
Reliastar Life Insurance CompanyAccident, Hospital432$131K$26K
Vision Service PlanVision764$120K$5K
Continental American Insurance CompanyCritical Illness, Hospital259$103K$38K
Federal Insurance CompanyBusiness Travel Accident967$3K$608
CarrotFertility967——

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 967 participants × $2,371 national average per member. Usually higher once dependents are counted.

$60K–$147K/ year

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

Brands with a generic available$17K–$44K
Lower-cost therapeutic alternatives$25K–$53K
Generic pricing vs. actual cost$11K–$33K
PBM contract terms$6K–$17K
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
Lucid Software Inc.
Sponsor EIN
26-4737100
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-4737100 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lucid Software Inc. 401(k) Plan
Type
401(k) plan
Participants
1,404

About this data

Source: Lucid Software 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 Lucid Software Inc..

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