TELEFLEX INC 401(k): Charles Schwab, match 2% max
Teleflex 401(k) Savings Plan · TFX · CIK 96943
Charles Schwab is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Maximum employer match, as a share of pay
2%
TELEFLEX INC matches 100% (dollar-for-dollar) of the first 2% of pay.
From the Form 11-K filed June 26, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · what it used to be · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What TELEFLEX puts in, and what the plan costs
What TELEFLEX put into the plan, per active participant
$4,725
TELEFLEX INC put $4,725 into this plan for each of its 3,790 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
TELEFLEX put in more per active participant than 55% of plans with 5,000+ participants in medical devices and other manufacturing. The middle plan in that group of 81 reported $4,432. Medical devices and other manufacturing comes from business code 339900, which TELEFLEX entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much TELEFLEX pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 231147939, plan 010 · DOL EFAST2 ↗
The $4,725 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. TELEFLEX INC also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $990 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What TELEFLEX puts in
$990
a year, at a $49,500 salary.
The match paragraph, word for word
“As stated above, the Company makes employer Safe Harbor Non-Elective Contributions equal to 3% of a participant’s compensation paid during the portion of the year in which he or she is a participant. For the year ending December 31, 2025, the Company also made “Non-Safe Harbor Matching Contributions" equal to 100% of elective deferral contributions (including Roth elective deferral contributions and catch-up contributions) up to 2% of compensation that are designed to automatically satisfy the ACP test.”
What you contribute to collect all of it
Contribute at least 2% of your pay to collect the full match.
That is $990 a year at a $49,500 salary, and it scales with your own.
Vesting score
71.43 out of 100
How fast the employer’s money becomes yours. Higher than 32% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Vesting - Participants are always 100% vested in their own 401(k) elective deferral contributions. With the exception of certain discretionary employer contributions and matching contributions (if any) that become 100% vested after participants have completed three years of employment, the Company’s contributions, including Safe Harbor Non-Elective Contributions, Safe Harbor Matching Contributions made prior to January 1, 2025, discretionary profit sharing contributions made for years beginning on and after January 1, 2024, and Non-Safe Harbor Matching Contributions made for years beginning on and after January 1, 2025, become 100% vested after participants have completed two years of employment.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
79th percentile
$91.64 per participant in plan-paid administrative cost, more expensive than 79% of plans with 5,000+ participants.
What is TELEFLEX's 401(k) match formula?
TELEFLEX's 401(k) employer match tops out at 2% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 2% of pay |
|---|---|
| Maximum employer match | 2% of compensation |
| Current formula effective | January 1, 2025 |
| Other employer contribution | Safe Harbor Non-Elective Contributions equal to 3% of a participant's compensation paid during the portion of the year in which he or she is a participant |
| Other employer contribution | discretionary profit sharing contributions made for years beginning on and after January 1, 2024 (rate not disclosed) |
At a $90,000 salary, contributing 2% ($1,800) earns the full employer match of $1,800 for the year.
What the filing says, word for word
“As stated above, the Company makes employer Safe Harbor Non-Elective Contributions equal to 3% of a participant’s compensation paid during the portion of the year in which he or she is a participant. For the year ending December 31, 2025, the Company also made “Non-Safe Harbor Matching Contributions" equal to 100% of elective deferral contributions (including Roth elective deferral contributions and catch-up contributions) up to 2% of compensation that are designed to automatically satisfy the ACP test.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What did TELEFLEX's 401(k) match used to be?
TELEFLEX changed its 401(k) match on January 1, 2025. The formula in force now is 100% (dollar-for-dollar) of the first 2% of pay.
| Since January 1, 2025 | 100% (dollar-for-dollar) of the first 2% of pay |
|---|---|
| Before | Safe Harbor Matching Contributions made prior to January 1, 2025 |
What is TELEFLEX's 401(k) vesting schedule?
TELEFLEX vests the employer match on a cliff schedule: nothing is yours until two years of service, then 100% at once. Leave a day early and the employer money goes back to the plan, the edge a two-year cliff creates.
| Employer match vesting | Cliff: 100% vested after 2 years of service |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | certain discretionary employer contributions and matching contributions (if any) that become 100% vested after participants have completed three years of employment |
Vesting, word for word
“Vesting - Participants are always 100% vested in their own 401(k) elective deferral contributions. With the exception of certain discretionary employer contributions and matching contributions (if any) that become 100% vested after participants have completed three years of employment, the Company’s contributions, including Safe Harbor Non-Elective Contributions, Safe Harbor Matching Contributions made prior to January 1, 2025, discretionary profit sharing contributions made for years beginning on and after January 1, 2024, and Non-Safe Harbor Matching Contributions made for years beginning on and after January 1, 2025, become 100% vested after participants have completed two years of employment.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
Who can join TELEFLEX's 401(k), and is enrollment automatic?
TELEFLEX enrolls new hires automatically at 3% of pay, rising 1% a year to 10% of pay.
| Plan entry | who have attained age 21 are eligible to participate in the Plan. Full-time and part-time employees are eligible to enter the Plan at their date of hire. |
|---|---|
| Automatic enrollment | Yes: default deferral 3% of pay; 90-day opt-out window; auto-escalation +1%/yr to 10% |
Eligibility, word for word
“who have attained age 21 are eligible to participate in the Plan. Full-time and part-time employees are eligible to enter the Plan at their date of hire.”
Automatic enrollment, word for word
“The EACA permits a penalty-free distribution of “accidental” automatic deferrals made to the Plan within 90 days of the effective date of a participant’s first automatic contribution. The QACA is a safe harbor plan design that allows the Plan to automatically satisfy annual nondiscrimination tests (the actual deferral percentage test and the actual contribution percentage ("ACP") test). Under the safe harbor design, once a participant becomes eligible to participate in the Plan, the participant is automatically enrolled at a 3% deferral rate unless opting out of the automatic deferral feature. Thereafter, the automatic deferral percentage increases by 1% each year up to a maximum automatic deferral of 10%.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Charles Schwab, filed as “SCHWAB RETIREMENT PLAN SERVICES,INC”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
769 plans on file name Charles Schwab as their recordkeeper. Of those, the 769 with a computable fee have a median plan-paid cost of $127.09 per participant.
Participants log in at Schwab Workplace ↗. 401(k) Monitor is not affiliated with Charles Schwab or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Charles Schwab |
|---|---|
| Recordkeeper EIN | 341479833 |
What does the TELEFLEX plan report on Form 5500?
The TELEFLEX plan reported $699.0M in assets and 5,754 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | Teleflex 401(k) Savings Plan |
|---|---|
| Total plan assets | $698,993,837 |
| Participants | 5,754 |
| Plan-paid admin cost per participant | $91.64 |
How that cost compares
This plan pays $91.64 per participant. The median across plans in medical devices and other manufacturing is $125.72, from the 1,386 of 1,455 whose Form 5500 yields a per-participant cost.
Read from the Form 5500 filing of Teleflex 401(k) Savings Plan, which has no page of its own here.
How does TELEFLEX's 401(k) match compare?
TELEFLEX INC's maximum 401(k) match of 2% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in medical devices and other manufacturing, two report the same recordkeeper and one vests on the same schedule.
Maximum match 3% of pay. Also in medical devices and other manufacturing.
Maximum match 3% of pay. Also in medical devices and other manufacturing.
Maximum match 3.5% of pay. Also in medical devices and other manufacturing.
Maximum match 1.75% of pay. Same recordkeeper, Charles Schwab.
Maximum match 3% of pay. Same recordkeeper, Charles Schwab.
Maximum match 3.5% of pay. Same 2-year cliff as TELEFLEX.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 26, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is TELEFLEX INC's 401(k) match?
Teleflex Inc. matches 100% of employee contributions up to 2% of eligible pay (plan year ended December 31, 2025).
When does the TELEFLEX INC 401(k) match vest?
Cliff: 100% vested after 2 years of service.
Does TELEFLEX INC's 401(k) plan have automatic enrollment?
Yes: default deferral 3% of pay; 90-day opt-out window; auto-escalation +1%/yr to 10%.
Who is the recordkeeper for TELEFLEX INC's 401(k)?
Charles Schwab is named as the recordkeeper on the Form 5500 filed for Teleflex 401(k) Savings Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Did TELEFLEX INC change its 401(k) match?
Yes. Safe Harbor Matching Contributions made prior to January 1, 2025 The current terms took effect January 1, 2025.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that TELEFLEX INC filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | TELEFLEX INC |
| SEC CIK | 96943 |
| Accession number | 0000096943-26-000081 |
| Plan | Teleflex 401(k) Savings Plan |
| Period of report | December 31, 2025 |
| Filed | June 26, 2026 |
401(k) Monitor is not affiliated with TELEFLEX INC, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “TELEFLEX INC 401(k) plan facts”, from SEC Form 11-K accession 0000096943-26-000081, plan year ended December 31, 2025.
