401(k) · DOL Form 5500 · 2023

Draeger, Inc. 401(k) Plan

Data updated 2026-08-11

$318M
Total assets
1,214
Participants
96th
Percentile by assets
$262,334
Avg per participant
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Official DOL plan name: Draeger US Retirement Savings Plan · Sponsored by Draeger, Inc. · Pennsylvania · Manufacturing

$318M in assets, 1,214 participants

Draeger, Inc.'s Draeger US Retirement Savings Plan reported $318M in total assets and 1,214 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 127,072 plans)
  • #17,619 in Manufacturing (18,722 peers)

Where Draeger US Retirement Savings Plan sits by assets

Draeger US Retirement Savings Plan sits in the top 5% of all filed plans by assets, $318M for 1,214 participants (~$262,334/participant), up 12.7% in 2023.

$318M
total plan assets (2023 EOY)
1,214
covered participants
96th
percentile by assets (of 127,072 plans)
$262,334
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Draeger US Retirement Savings Plan reported net income rose from -$69M in the plan year 2022 filing to $36M in the plan year 2023 filing.
  • Draeger US Retirement Savings Plan end-of-year assets rose from $283M in the plan year 2022 filing to $318M in the plan year 2023 filing.
  • Draeger US Retirement Savings Plan reported participants fell from 1,267 in the plan year 2022 filing to 1,214 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Draeger US Retirement Savings Plan vs the 2023 asset distribution

By assets, Draeger US Retirement Savings Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$283M
Net Assets (End of Year)$318M
Net Income$36M
Employer EIN231699096
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Draeger, Inc.)

$260M$280M$300M$320M$340M$360M 202220232024 $283M $340M ▲ +20.3%
Total plan assets by year, all Draeger, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,267 $283M
2023 1 1,214 $318M
2024 1 1,105 $340M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Draeger US Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Draeger US Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Draeger US Retiremen…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Draeger US Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Draeger US Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Draeger US Retirement Savings Plan assets move in 2023?
Draeger US Retirement Savings Plan grew at a solid clip - up 12.7% during 2023, from $283M to $318M. Reported net income was $36M.
How have Draeger, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Draeger, Inc.'s sponsor-wide assets grew 20.3%, from $283M to $340M.
Where does Draeger US Retirement Savings Plan rank by assets among Form 5500 filers?
Draeger US Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Draeger US Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ttec 401(k) Profit Sharing Plan in CO ($319M, 28,654 participants).

Next read for Draeger US Retirement Savings Plan

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