Plan Ledger DOL Form 5500 · updated monthly

Ryan Companies US, Inc.401(k)

RYAN COMPANIES US, INC. RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ryan Companies US, Inc. reported $426,562 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,350 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 0.10% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 114th-largest of 1,918 plans among Minnesota employers on file, and the 220th of 5,337 in construction. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has shrunk from 1,692 to 1,520 since 2022.

Plan summary
Net assets, end of year$324,013,283
Participants with balances1,848
Active participants1,520
Employer contributions$8,131,573
Employee contributions$18,721,402
Employer contribution per active participant$5,350
Average account balance$175,332
Benefits paid to participants$35,876,611
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$324.0M · 1,848 accts · $8.1M emplr
2023$290.0M · 1,888 accts · $14.2M emplr
2022$232.6M · 1,949 accts · $13.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$334,716
Investment management$91,846
Total administrative$426,562
The Ryan Companies US, Inc. 401(k) match · 2024
Employer contribution per active participant$5,350
Median for plans this size$4,294
2024$5,350 per active participant
2023$9,235 per active participant
2022$8,212 per active participant

Ryan Companies US, Inc.'s 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$334,716
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$84,866
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$426,562 · 0.14%
2023$373,895 · 0.14%
2022$237,691 · 0.10%
Same employer
Similar plansConstruction · Minnesota
Api Group, Inc. MN$675.7M · 0.09%
Ames Construction, Inc. MN$213.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410882483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.