Enterprise Community Partners Inc 401(k) Review & Grade
Enterprise Employees' Pension and 401(k) Plan
Columbia, MDProfessional, Scientific & Technical Services1,118 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,661Employer $ per active participant
$9,451Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$215.3MNet plan assets, end of year
$155,654Average balance per account
Score breakdown
- Employer generosity41.3 / 5083th percentile for employer $ per participant
- Low cost13.8 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving8.1 / 1554th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score73 / 100 · Grade B
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 | 55th |
| Employee saving | 54th |
| Peers that auto-enroll | 48% |
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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
- Enterprise Community Partners put in about $6,661 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.
- 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 | $7,446,751 |
| Participant (employee) contributions | $10,566,215 |
| Other contributions (incl. rollovers in) | $3,040,858 |
| Administrative expenses paid from the plan | $385,592 |
| Contract administrator fees | $385,592 |
| Benefits paid out | $13,928,033 |
| Net assets, start / end of year | $182.3M / $215.3M |
| Active participants, start / end of year | 1,099 / 1,137 |
| Participants with account balances | 1,383 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cohnreznick LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $388,711 reported compensation |
| NFP Retirement | $192,803 reported compensation |
| Cohnreznick LLP | $11,140 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014152919NAL0001583379001, received 2025-10-14, EIN 52-1231931, plan #333, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.