Hyder Construction

Plan name	Hyder Construction
Location	Denver, Colo.
Asset size ($MM)	$5 million - $10 million
Participants	52
Industry	Building/Construction/Contracting
Participation rate	97%
Average deferral rate	9%
# of funds offered	19
Investment review	Yes
True-up match	No
Match vesting period	2 years
Eligibility	Within 3 months of employment
Default deferral rate	6%
Default investment	Target-date Fund (all types)
Automatic escalation	Yes - participants are defaulted into auto escalation at time of enrollment unless they opt out; all other participants can opt in at any time
Systematic withdrawals	Unsure /Don't Know
Fee equalization	Yes – a policy is in place


Match Rate	100% of first 6% of salary
% receiving full match	All or nearly all participants (90% or more)
Maximum employer contribution	4%


Financial Education
Saving/Budgeting	Yes
Investing strategies	Yes
College saving	Yes
Credit/Debt management	Yes
Tax/Estate planning	Yes
Retiree health costs/savings options	Yes


Recordkeeper	Principal Financial Group