Plan Ledger DOL Form 5500 · updated monthly

Myriad Genetics, Inc.401(k)

MYRIAD GENETICS, INC. 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Myriad Genetics, Inc. reported $1,566 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,741 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 fell from 0.04% to 0.00%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 10th-largest of 848 plans among Utah employers on file, and the 350th of 11,911 in health care & social assistance. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$458,116,886
Participants with balances3,463
Active participants2,729
Employer contributions$10,208,444
Employee contributions$29,229,233
Employer contribution per active participant$3,741
Average account balance$132,289
Benefits paid to participants$38,276,659
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$458.1M · 3,463 accts · $10.2M emplr
2023$390.1M · 3,392 accts · $10.0M emplr
2022$318.3M · 3,363 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Investment management$175,981
Audit (IQPA)$21,118
Total administrative$1,566
The Myriad Genetics, Inc. 401(k) match · 2024
Employer contribution per active participant$3,741
Median for plans this size$4,294
2024$3,741 per active participant
2023$3,921 per active participant
2022$3,562 per active participant

Myriad Genetics, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size. 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 · 20245
MERRILL LYNCH PIERCE FENNER · Investment advisory (participants)$96,497
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$70,734
SQUIRE & COMPANY, PC · Accounting / audit$21,118
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$8,750
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$1,566 · 0.00%
2023Not separately reported
2022$152,249 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Solaris Health Holdings, LLC FL$464.7M · 0.20%
Shannon Medical Center TX$460.8M · 0.14%
Mosaic Health System MO$453.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870494517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.