Plan Ledger DOL Form 5500 · updated monthly

Bucher Hydraulics, Inc.401(k)

BUCHER HYDRAULICS, INC. 401(K) SAVINGS AND PROFIT SHARING PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Bucher Hydraulics, Inc. reported $32,625 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,925 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.05% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 491st-largest of 2,619 plans among Michigan employers on file, and the 2,984th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,863,198
Participants with balances569
Active participants468
Employer contributions$1,368,675
Employee contributions$2,868,186
Employer contribution per active participant$2,925
Average account balance$94,663
Benefits paid to participants$5,186,471
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2024$53.9M · 569 accts · $1.4M emplr
2023$47.7M · 565 accts · $1.4M emplr
2022$39.6M · 600 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,325
Investment management$21,300
Total administrative$32,625
The Bucher Hydraulics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,925
Median for plans this size$3,635
2024$2,925 per active participant
2023$3,017 per active participant
2022$2,762 per active participant

Bucher Hydraulics, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,300
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,325

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$32,625 · 0.06%
2023$24,219 · 0.06%
2022$19,891 · 0.05%
Same employer
Similar plansManufacturing · Michigan
Brazeway, LLC MI$55.1M
Jac Products, Inc. MI$53.5M · 0.51%
Aees, Inc. MI$53.5M · 0.02%
Oetiker, Inc. MI$52.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383769583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.