Draeger Medical, Inc. 401(k) Plan: Login, Facts & Contact Information

Draeger Medical, Inc. 401(k) Plan Facts

Plan name
DRAEGER US RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DRAEGER, INC.
Participants
1,753 (1,099 active employees)
Former employees with a balance
565
Plan assets
$339,914,668 at Dec 31, 2024
Average account balance
$204,030 across 1,666 accounts
Employer contributions
$7,481,959 in plan year 2024 (34% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1991
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Feb 6, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $22.1 million went into the plan in contributions, $7.48 million of it from the employer (34%).
  • $43.9 million was paid out to participants.
  • Investment and other income added $43.9 million.
  • Administrative expenses were $614,064, about $369 per account.

How the Draeger Medical, Inc. 401(k) changed, 2013–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20131,243$148.8 million$2.52 million$9.29 million
20201,835$313.8 million$7.80 million$20.8 million
20211,966$351.5 million$8.43 million$29.4 million
20221,879$282.6 million$4.37 million$30.4 million
20231,839$318.5 million$7.16 million$39.4 million
20241,753$339.9 million$7.48 million$43.9 million

Draeger Medical, Inc. 401(k) Contact Information

Phone
215-721-5400
Mailing address
3135 QUARRY ROAD, TELFORD PA 189690000
Plan sponsor
DRAEGER, INC.
Employer identification number (EIN)
23-1699096
Plan number
001

Questions about the Draeger Medical, Inc. 401(k)

Does Draeger Medical, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $7.48 million, 34% of all contributions.

Does the Draeger Medical, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Draeger Medical, Inc 401(k) plan?

1,753 participants at the start of plan year 2024, 1,099 of them active employees, and 565 former employees who still had money in the plan.

What is the average 401(k) balance at Draeger Medical, Inc?

About $204,030 per account: $339.9 million in plan assets across 1,666 accounts with a balance at the end of plan year 2024.

Who manages the Draeger Medical, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Draeger Medical, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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