Plan Ledger DOL Form 5500 · updated monthly

Myr Group Inc.401(k)

DIVERSIFIED HOLDINGS GROUP EMPLOYEE SAVINGS PLAN · HENDERSON, CO · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Myr Group Inc. reported $183,142 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $9,127 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.08% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 79th-largest of 1,461 plans among Colorado employers on file, and the 305th of 5,337 in construction. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$221,580,804
Participants with balances1,651
Active participants1,219
Employer contributions$11,126,372
Employee contributions$8,829,538
Employer contribution per active participant$9,127
Average account balance$134,210
Benefits paid to participants$20,589,993
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$221.6M · 1,651 accts · $11.1M emplr
2023$192.1M · 1,612 accts · $12.2M emplr
2022$157.6M · 1,485 accts · $13.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,576
Investment management$65,666
Total administrative$183,142
The Myr Group Inc. 401(k) match · 2024
Employer contribution per active participant$9,127
Median for plans this size$3,635
2024$9,127 per active participant
2023$9,883 per active participant
2022$11,824 per active participant

Myr Group Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$116,576
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants) · Investment management$65,666
QDRO CONSULTANTS · Consulting$900
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage · Investment advisory (participants)$332

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$183,142 · 0.09%
2023$157,231 · 0.09%
2022$138,054 · 0.08%
Same employer
Similar plansConstruction · Colorado
Summit Materials LLC CO$468.9M · 0.15%
Flatiron Construction Corp. CO$261.0M · 0.18%
Isec, Inc. CO$118.2M · 0.10%
Century Communities, Inc. CO$113.2M · 0.13%
Encore Electric, Inc. CO$92.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363158643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.