B. BRAUN MEDICAL INC. SAVINGS PLAN

Plan Contact

  • Address: 824 TWELFTH AVENUE,BETHLEHEM,PA
  • Contact person: JENNIFER LEE
  • Phone: (800) 523-9676

Plan General Information

B. BRAUN MEDICAL INC. SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of B. BRAUN MEDICAL INC. SAVINGS PLAN is $878,511,283.00.This plan was established in 1984.

B. BRAUN MEDICAL INC. SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in B. BRAUN MEDICAL INC. SAVINGS PLAN is 7702

B. BRAUN MEDICAL INC. SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for B. BRAUN MEDICAL INC. SAVINGS PLAN is $114,062.00

B. BRAUN MEDICAL INC. SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for B. BRAUN MEDICAL INC. SAVINGS PLAN is $6,320.00.

B. BRAUN MEDICAL INC. SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in B. BRAUN MEDICAL INC. SAVINGS PLAN is approximately $3,194.00
Investing in this additonal $3,194.00 for 20 years would give you extra $204,463.00, assuming a 10% annual return.

B. BRAUN MEDICAL INC. SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, B. BRAUN MEDICAL INC. SAVINGS PLAN allocates $24,605,895.00 to match its employees' contributions, providing an employer match rate of 50.86% of their contributions

B. BRAUN MEDICAL INC. SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of B. BRAUN MEDICAL INC. SAVINGS PLAN is 16.53%.

B. BRAUN MEDICAL INC. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for B. BRAUN MEDICAL INC. SAVINGS PLAN is 17.67%. This measures the effectiveness of the plan participants' investments in the year.

B. BRAUN MEDICAL INC. SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of B. BRAUN MEDICAL INC. SAVINGS PLAN is 0.08%.

Enrollment Features

B. BRAUN MEDICAL INC. SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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