Ensco, Inc. 401(k) Review & Grade
Ensco, Inc. Retirement Plan
Vienna, VAProfessional, Scientific & Technical Services657 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,745Employer $ per active participant
$12,167Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$272.6MNet plan assets, end of year
$244,270Average balance per account
Score breakdown
- Employer generosity41.6 / 5083th percentile for employer $ per participant
- Low cost21.8 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving11.3 / 1575th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 87th |
| Employee saving | 75th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $2,989 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ensco put in about $6,745 per active participant, more than the typical peer ($3,082). 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.
- 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 | $4,431,476 |
| Participant (employee) contributions | $7,993,723 |
| Other contributions (incl. rollovers in) | $731,228 |
| Administrative expenses paid from the plan | $129,022 |
| Other admin expenses | $129,022 |
| Benefits paid out | $19,511,525 |
| Net assets, start / end of year | $242.8M / $272.6M |
| Active participants, start / end of year | 627 / 687 |
| Participants with account balances | 1,116 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P. C. |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $117,776 reported compensation |
| Vanguard Advisers Inc. | $12,275 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250910100010NAL0034910320001, received 2025-09-10, EIN 54-1250229, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.