401(k) · DOL Form 5500 · 2023

Draeger, Inc. 401(k) Plan

Data updated 2026-08-25

$318M
Total assets Above avg plan size
1,214
Participants Near avg headcount
96th
Percentile by assets National rank
$262,334
Avg per participant Above avg balance/head
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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.

  • #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.

#17,619
in Manufacturing (18,722 peers)
+12.7%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Draeger US Retirement Savings Plan's outsized position by total assets

Draeger US Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$318,473,798 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Draeger US Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Draeger US Retirement Savings Plan lands in the large band (1,214 participants).

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 →

Published 5500 schedule card

Filing strip 231699096 · Draeger, Inc. PY 2023 · 401(k)

Draeger US Retirement Savings Plan · $318M · 1,214 · 96th

  • NET $318M
  • NET 1,214
  • NET 96th
  • NET 401(k)
  • NET near Ttec 401(k) Profit Sharing Plan
  • NET ind #17619

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Draeger US Retirement Savings Plan in the asset neighbourhood

Knobbe Martens Olson & Bear, LLP 401(k) Retirement Savings PlanKnobbe Martens Olson & Bear,…$319MTtec 401(k) Profit Sharing PlanTtec 401(k) Profit Sharing P…$319MDraeger US Retirement Savings PlanDraeger US Retirement Saving…$318MCambridge Associates, LLC 401(k) Savings Plan & TrustCambridge Associates, LLC 40…$318MKraton Savings Plan$318M
End-of-year total assets ($M) among Draeger US Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Draeger, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$340M 20.278975026027915% vs 2022
2024 filing year
$260M$280M$300M$320M$340M$360M 202220232024 $283M $340M ▲ +20.3%
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 Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Draeger US Retirement Savings Plan, Total assets ($B): 0.318473798 · Participants: 1214Draeger US Retirement Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Draeger US Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Draeger US Retirement Savings Plan side-by-side with 3 peers →

Draeger US Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Ttec 401(k) Profit Sharing Plan in CO ($319M); by covered participants it is Agro Merchants North America Holdings, LP 401(k) Plan in GA (1,214 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($318M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,214 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Draeger US Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Agro Merchants North America Holdings, LP 401(k) Plan in GA (1,214 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231699096.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.