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 |
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