Plan Ledger DOL Form 5500 · updated monthly

Enterprise Products Company401(k)

ENTERPRISE 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Enterprise Products Company reported $695,334 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $13,952 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 3 years on file its reported administrative ratio has held roughly steady near 0.029%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 54th-largest of 5,688 plans among Texas employers on file, and the 14th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,592,661,098
Participants with balances8,963
Active participants7,930
Employer contributions$110,641,006
Employee contributions$90,592,463
Employer contribution per active participant$13,952
Average account balance$289,263
Benefits paid to participants$245,310,690
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$2.6B · 8,963 accts · $110.6M emplr
2023$2.3B · 8,744 accts · $104.6M emplr
2022$1.9B · 8,523 accts · $91.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$561,039
Investment management$118,795
Audit (IQPA)$15,500
Total administrative$695,334
The Enterprise Products Company 401(k) match · 2024
Employer contribution per active participant$13,952
Median for plans this size$5,259
2024$13,952 per active participant
2023$13,724 per active participant
2022$12,394 per active participant

Enterprise Products Company's 2024 employer contribution ran above the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$569,064
NEPC, LLC · Investment advisory (plan)$118,795
HARPER & PEARSON COMPANY, P.C. · Accounting / audit$15,500

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$695,334 · 0.03%
2023$658,600 · 0.03%
2022$567,298 · 0.03%
Same employer
Similar plansTransportation & Warehousing · Texas
Southwest Airlines Company TX$18.9B · 0.02%
Bnsf Railway Company TX$4.8B · 0.00%
Kirby Corporation TX$850.1M · 0.07%
Envoy Air Inc. TX$744.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741675622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.