Plan Snapshot
- Plan Sponsor: Draeger, INC.
- Sponsor EIN: 231699096
- Sponsor Address: 3135 QUARRY ROAD, TELFORD, PA, 189690000
- Plan Type: 401(k)
- Total Participants: 1,099
- Total Assets: $339.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,099 | $339.9M | $7.5M | $13.6M |
| 2023 | 1,105 | $318.5M | $7.2M | $14.5M |
| 2022 | 1,214 | $282.6M | $4.4M | $14.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC | INVESTMENT ADVISOR | $206,500 | — | $206,500 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $197,284 | — | $197,284 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $168,800 | — | $168,800 |
| PRICEWATERHOUSE COOPERS LLP | ACCOUNTANT/AUDITOR | $41,480 | — | $41,480 |
| TORRILLO & ASSOCIATES, LLC | Auditor | $41,480 | — | $41,480 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PRICEWATERHOUSE COOPERS LLP — ACCOUNTANT/AUDITOR
- TORRILLO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $655,544
- Estimated Expense Ratio: 0.193% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $614,064 | $375,300 | $300 | $41,480 | — |
| 2023 | $447,556 | $295,837 | $300 | $38,450 | — |
| 2022 | $347,239 | $147,443 | — | — | — |