Enterprise Products Company 401(k) Review & Grade
Enterprise 401(k) Plan
Houston, TXTransportation & Warehousing7,774 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$14,232Employer $ per active participant
$11,653Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$2.6BNet plan assets, end of year
$289,263Average balance per account
Score breakdown
- Employer generosity48.4 / 5097th percentile for employer $ per participant
- Low cost22.7 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1593th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 91th |
| Employee saving | 93th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,271 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Enterprise Products put in about $14,232 per active participant, more than the typical peer ($1,834). 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 | $110,641,006 |
| Participant (employee) contributions | $90,592,463 |
| Other contributions (incl. rollovers in) | $12,428,719 |
| Administrative expenses paid from the plan | $695,334 |
| Contract administrator fees | $11,388 |
| Investment advisory & management fees | $118,795 |
| Benefits paid out | $245,310,690 |
| Net assets, start / end of year | $2.3B / $2.6B |
| Active participants, start / end of year | 7,618 / 7,930 |
| Participants with account balances | 8,963 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Harper & Pearson Company, P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $569,064 reported compensation |
| Nepc, LLC | $118,795 reported compensation |
| Harper & Pearson Company, P.C. | $15,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250912091706NAL0000833025001, received 2025-09-12, EIN 74-1675622, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.