Plan Ledger DOL Form 5500 · updated monthly

Enlink Midstream Operating, LP401(k)

ENLINK MIDSTREAM OPERATING, LP 401(K) TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Enlink Midstream Operating, LP reported $183,641 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $7,375 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.10% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 381st-largest of 5,688 plans among Texas employers on file, and the 98th of 412 in utilities. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$210,482,860
Participants with balances1,428
Active participants1,082
Employer contributions$7,979,780
Employee contributions$12,136,974
Employer contribution per active participant$7,375
Average account balance$147,397
Benefits paid to participants$39,116,748
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$210.5M · 1,428 accts · $8.0M emplr
2023$201.7M · 1,569 accts · $8.4M emplr
2022$174.8M · 1,570 accts · $7.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,537
Investment management$74,961
Total administrative$183,641
The Enlink Midstream Operating, LP 401(k) match · 2024
Employer contribution per active participant$7,375
Median for plans this size$3,635
2024$7,375 per active participant
2023$7,863 per active participant
2022$6,750 per active participant

Enlink Midstream Operating, LP's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$108,537
CREATIVE PLANNING · Investment advisory (plan)$56,211
LOCKTON INVESTMENT ADVISORS · Investment advisory (plan)$18,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$183,641 · 0.09%
2023$189,869 · 0.10%
2022$183,529 · 0.10%
Same employer
Similar plansUtilities · Texas
Ercot TX$464.9M · 0.06%
Cheniere Energy Inc. TX$394.0M · 0.05%
Par Petroleum LLC TX$247.9M · 0.12%
El Paso Electric Company TX$241.2M · 0.02%
Archrock Services, L.P. TX$199.8M · 0.21%
Genon Services, LLC TX$199.7M · 0.01%
City Electric Supply Co TX$158.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113666506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.