Coherent Corp.
Overview
Coherent Corp. sponsors a self-funded health plan that covered 4,305 participants in plan year 2025, down 6% 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
- 4,305 · prior year 4,595
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Coherent Corp. Health and Welfare Benefit Plan, plan 501 (4,305 participants)
- Stop-loss carrier
- Sun Life Assurance Company of Canada
- Broker compensation
- $464K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Kaiser Foundation Health Plan Inc. | Medical, Prescription drug, HMO | 1,026 | $10.9M | — |
| Hartford Life and Accident | Life, Short-term disability, Long-term disability, Accidental Death and Dismemberment | 4,088 | $5.7M | $319K |
| Sun Life Assurance Company of Canada | Stop-loss | 2,912 | $2.3M | $124K |
| Vision Service Plan | Vision | 3,414 | $584K | — |
| Metropolitan General Insurance Company (metlife Legal) | Legal | 681 | $139K | $17K |
| Federal Insurance Company (chubb) | Accidental Death and Dismemberment | 4,057 | $8K | $1K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,305 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Coherent Corp.
- Sponsor EIN
- 25-1214948
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 25-1214948 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Coherent Corp. 401(k) Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 6,285
About this data
Source: Coherent Corp.'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 Coherent Corp..