Everus Construction Group 401(k) match, vesting and fees
What Everus Construction Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Deloitte & Touche LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 98 defined-contribution plans in construction with 1,000 to 4,999 participants.
| Everus Construction Group: employer contribution per participant | $4,444 | |
| Peer median | $3,042 |
| Everus Construction Group: average balance | $124,677 | |
| Peer median | $88,965 |
| Everus Construction Group: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.18% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $195M at the end of plan year 2024 to $230M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,946 | $230M | $8.2M | $4,444 | 0.11% | Not published | Form 5500 ↗ |
| 2024 | 2,018 | $195M | $4.3M | $2,342 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does Everus Construction Group match 401(k) contributions?
The match terms for the Everus 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $8.2M in employer contributions, about $4,444 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Everus Construction Group 401(k) match vested?
The vesting schedule for the Everus 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Everus Construction Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Everus Construction Group, Inc. Employee Benefits Committee.
I left Everus Construction Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Everus Construction Group, Inc. Employee Benefits Committee, (701) 221-6400) or the recordkeeper, Principal Life Insurance Company. The Everus Construction Group old 401(k) page lists the contacts from every plan filing. Find an old Everus Construction Group 401(k)
Data from the public Form 5500 annual reports Everus Construction Group filed with the U.S. Department of Labor (plan years 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Everus Construction Group. Not financial advice. Report a correction · Methodology