Entergy Corporation 401(k) Review & Grade
Savings Plan of Entergy Corporation and Subsidiaries
New Orleans, LAUtilities9,384 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,732Employer $ per active participant
$12,501Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$4.4BNet plan assets, end of year
$342,165Average balance per account
Score breakdown
- Employer generosity23.0 / 5046th percentile for employer $ per participant
- Low cost23.4 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving10.5 / 1570th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Utilities plans with 2,500–9,999 active participants (38 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 94th |
| Employee saving | 70th |
| Peers that auto-enroll | 82% |
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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
- Entergy put in about $5,732 per active participant, below the typical peer ($6,490). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $53,789,083 |
| Participant (employee) contributions | $117,319,987 |
| Other contributions (incl. rollovers in) | $5,064,906 |
| Administrative expenses paid from the plan | $886,053 |
| Contract administrator fees | $422,726 |
| Investment advisory & management fees | $211,592 |
| Other admin expenses | $17,133 |
| Benefits paid out | $332,416,423 |
| Net assets, start / end of year | $3.8B / $4.4B |
| Active participants, start / end of year | 9,655 / 9,114 |
| Participants with account balances | 12,753 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Deloitte and Touche |
Largest service providers (Schedule C)
| T. Rowe Price RPS, Inc. | $422,726 reported compensation |
| Deloitte and Touche LLP | $184,896 reported compensation |
| Newport Trust Company | $133,819 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009124819NAL0006599265001, received 2025-10-09, EIN 72-1229752, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.