Ryan Companies US, Inc. 401(k) Review & Grade
Ryan Companies US, Inc. Retirement Plan
Minneapolis, MNConstruction1,535 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,297Employer $ per active participant
$12,196Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$324.0MNet plan assets, end of year
$175,332Average balance per account
Score breakdown
- Employer generosity44.6 / 5089th percentile for employer $ per participant
- Low cost16.4 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving14.8 / 1599th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score86 / 100 · Grade A
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 65th |
| Employee saving | 99th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Ryan Companies US put in about $5,297 per active participant, more than the typical peer ($1,672). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $8,131,573 |
| Participant (employee) contributions | $18,721,402 |
| Other contributions (incl. rollovers in) | $3,354,922 |
| Administrative expenses paid from the plan | $426,562 |
| Contract administrator fees | $334,716 |
| Investment advisory & management fees | $91,846 |
| Benefits paid out | $35,876,611 |
| Net assets, start / end of year | $290.0M / $324.0M |
| Active participants, start / end of year | 1,550 / 1,520 |
| Participants with account balances | 1,848 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $334,716 reported compensation |
| Commonwealth Financial Network | $85,000 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014131842NAL0003008033001, received 2025-10-14, EIN 41-0882483, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.