Plan Ledger DOL Form 5500 · updated monthly

Enterprise Financial Group, Inc.401(k)

ENTERPRISE FINANCIAL GROUP, INC. 401(K) SAVINGS PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Enterprise Financial Group, Inc. reported $71,410 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,330 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 rose from 0.50% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,514th-largest of 5,688 plans among Texas employers on file, and 3,566th of 4,798 in finance & insurance. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has shrunk from 152 to 131 since 2022.

Plan summary
Net assets, end of year$14,254,634
Participants with balances157
Active participants131
Employer contributions$567,231
Employee contributions$1,157,490
Employer contribution per active participant$4,330
Average account balance$90,794
Benefits paid to participants$2,251,002
Plan auditUnmodified (clean) audit opinion
AuditorBROCKWAY GERSBACH FRANKLIN & NI
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 157 accts · $567K emplr
2023$12.9M · 171 accts · $601K emplr
2022$10.5M · 179 accts · $564K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,333
Investment management$38,077
Total administrative$71,410
The Enterprise Financial Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,330
Median for plans this size$2,416
2024$4,330 per active participant
2023$4,483 per active participant
2022$3,711 per active participant

Enterprise Financial Group, Inc.'s 2024 employer contribution ran above the $2,416 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
PROSPERA FINANCIAL SERVICES INC · Investment advisory (plan)$33,692
EMPOWER ADVISORY GROUP, LLC · Investment management$4,385

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$71,410 · 0.53%
2023$59,828 · 0.51%
2022$59,135 · 0.50%
Same employer
Similar plansFinance & Insurance · Texas
Southwest Bank TX$14.5M · 0.20%
Resource One Credit Union TX$14.4M · 0.10%
Insurance Zebra, Inc. TX$14.2M · 0.85%
Capital Bancorp, Inc. TX$14.2M · 0.03%
Union Square Credit Union TX$14.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731027611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.