Defined Benefit (Pension) · DOL Form 5500 · 2023

Teleflex Incorporated Pension Plan

Data updated 2026-08-11

$271M
Total assets
162
Participants
96th
Percentile by assets
$1.7M
Avg per participant
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Official DOL plan name: Teleflex Incorporated Retirement Income Plan · Sponsored by Teleflex Incorporated · Pennsylvania · Manufacturing

$271M in assets, 162 participants

Teleflex Incorporated's Teleflex Incorporated Retirement Income Plan reported $271M in total assets and 162 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)
  • #17,488 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Teleflex Incorporated Retirement Income Plan covers 162 participants in Pennsylvania, about 20% of the average Pennsylvania filer (state average ~822 per filing). Assets: $271M.

$271M
total plan assets (2023 EOY)
162
covered participants
96th
percentile by assets (of 127,072 plans)
$1.7M
avg assets per participant

The plan reported a net loss of $73M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Teleflex Incorporated Retirement Income Plan sits by total assets

Teleflex Incorporated Retirement Income Plan vs every filed plan by assets

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

$271,492,979 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teleflex Incorporated Retirement Income Plan reported net income rose from -$104M in the plan year 2022 filing to -$73M in the plan year 2023 filing.
  • Teleflex Incorporated Retirement Income Plan reported participants fell from 224 in the plan year 2022 filing to 162 in the plan year 2023 filing.
  • Teleflex Incorporated Retirement Income Plan end-of-year assets fell from $345M in the plan year 2022 filing to $271M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Pennsylvania
Industry
Manufacturing

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Teleflex Incorporated Retirement Income Plan reports 162 participants - about 20% of that state average ($271M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$345M
Net Assets (End of Year)$271M
Net Income-$73M
Employer EIN231147939
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teleflex Incorporated)

$600M$700M$800M$900M$1,000M 202220232024 $873M $699M ▼ -19.9%
Total plan assets by year, all Teleflex Incorporated plans on file
Year Plans Participants Total Assets
2022 2 4,140 $873M
2023 2 3,920 $887M
2024 2 3,906 $699M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Teleflex Incorporated Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Teleflex Incorporate…, Total assets ($B): 0.271492979 · Participants: 162Teleflex Incorporate…National Elevator In…, Total assets ($B): 11.224377797 · Participants: 27434National Elevator In…Steelworkers Pension…, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension…The PNC Financial Se…, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Se…Constellation Retire…, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retire…The Bank of New York…, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York…
Teleflex Incorporated Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Teleflex Incorporated Retirement Income … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Teleflex Incorporated Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did Teleflex Incorporated Retirement Income Plan assets move in 2023? ▼
Teleflex Incorporated Retirement Income Plan declined sharply - down 21.3% during 2023, from $345M to $271M. Reported net income was -$73M.
How have Teleflex Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Teleflex Incorporated's sponsor-wide assets declined 19.9%, from $873M to $699M.
Where does Teleflex Incorporated Retirement Income Plan rank by assets among Form 5500 filers? ▼
Teleflex Incorporated Retirement Income 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 Defined Benefit (Pension) plans are similar in size to Teleflex Incorporated Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Belk Pension Plan in NC ($271M, 810 participants).

Next read for Teleflex Incorporated Retirement Income …

Filing takeaways

Ways to act on Teleflex Incorporated Retirement Income Plan's numbers.

  • By total assets, Teleflex Incorporated Retirement Income Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Teleflex Incorporated's sponsor-wide assets have declined 19.9% since 2022 across 3 plan years on file. More Manufacturing plans

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 231147939.

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.