Bucher Hydraulics, Inc.benefits
Bucher Hydraulics Inc. Health and Welfare Benefit Plan · GRAND RAPIDS, MI · plan year 2025
Broker compensation reported · 2025
$71,843
Bucher Hydraulics, Inc.'s benefits plans covered 465 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $71,843 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.4% from $73,590 in 2024.
Insurance contracts · 20253
EYEMED VISION CARE ON BEHALF OF THE FIDELITY SECURITY LIFE INS. CO. · visionpremiums n/a · 524 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 465 covered
Brokers & agents paid · 20252
CENTRO BENEFITS RESEARCH, LLC$16,667 · incl $3,300 fees
HYLANT GROUP, INC.$55,176 · incl $54 fees
Also brokered by Centro Benefits Research, LLC5
Sinai Health System IL$308,515
Eotech, LLC MI$72,846
Eduserve/Csusa, Inc. FL$58,613
Techmer Pm, LLC TN$51,986
Venesco, LLC VA$49,049
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383769583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.