Plan Ledger DOL Form 5500 · updated monthly

Enterprise Bank & Trust401(k)

EFSC DEFINED CONTRIBUTION GROUP · GILBERT, AZ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Enterprise Bank & Trust reported $2,365 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,567 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Arizona (1,018th of 1,285), and 4,629th of 4,798 in finance & insurance. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,462,712
Participants with balances66
Active participants65
Employer contributions$166,870
Employee contributions$121,770
Employer contribution per active participant$2,567
Average account balance$37,314
Benefits paid to participants$123,546
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,365
Total administrative$2,365
The Enterprise Bank & Trust 401(k) match · 2024
Employer contribution per active participant$2,567
Median for plans this size$1,313

Enterprise Bank & Trust's 2024 employer contribution ran above the $1,313 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.

Administrative cost history1
2024$2,365 · 0.10%
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Source: U.S. Department of Labor, Form 5500 series, EIN 336658324 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.