Hydraforce, Inc.

Lincolnshire, IL ManufacturingNAICS 332900

Self-funded health planPlan year 2025Renews January
930Participants-41% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#93 of 122Manufacturing in ILBy participants

Overview

Hydraforce, Inc. sponsors a self-funded health plan that covered 930 participants in plan year 2025, down 42% 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
930 · prior year 1,590
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Hydraforce, Inc. Group Medical, Group Dental, STD, Ltd, Life, Section 125 Plan, plan 502 (930 participants)
Broker compensation
$158K 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
The Guardian Life Insurnace Company of AmericaLife, Short-term disability, Long-term disability836$775K$104K
The Lincoln National Life Insurance CompanyDental693$720K$47K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,494$86K$8K
Curalinc, LLCEmployee Assistance Program860$17K—

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 930 participants × $2,371 national average per member. Usually higher once dependents are counted.

$57K–$141K/ year

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

Brands with a generic available$17K–$42K
Lower-cost therapeutic alternatives$24K–$51K
Generic pricing vs. actual cost$11K–$32K
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
Hydraforce, Inc.
Sponsor EIN
36-3524515
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-3524515 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hydraforce, Inc. 401(k) Plan
Type
401(k) plan
Participants
1,525

About this data

Source: Hydraforce, 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 Hydraforce, Inc..

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