Plan Snapshot
- Plan Sponsor: Myr Group INC.
- Sponsor EIN: 363158643
- Sponsor Address: 12121 GRANT ST, SUITE 510, THORNTON, CO, 80241
- Plan Type: 401(k)
- Total Participants: 1,219
- Total Assets: $221.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,219 | $221.6M | $11.1M | $8.8M |
| 2023 | 1,236 | $192.1M | $12.2M | $8.1M |
| 2022 | 1,142 | $157.6M | $13.5M | $7.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $116,576 | — | $116,576 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $65,666 | — | $65,666 |
| BDO USA, P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,242
- Estimated Expense Ratio: 0.082% 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 | $183,142 | $65,666 | — | — | — |
| 2023 | $157,231 | $50,772 | — | — | — |
| 2022 | $138,054 | $38,326 | — | — | $300 |