Plan Snapshot
- Plan Sponsor: Enbridge Employee Services, INC.
- Sponsor EIN: 760697621
- Sponsor Address: 915 N. ELDRIDGE PARKWAY, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 8,793
- Total Assets: $2.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 8,793 | $2.1B | $0 | $0 |
| 2024 | 7,116 | $1.8B | $33.0M | $58.1M |
| 2023 | 3,772 | $1.3B | $24.0M | $41.8M |
| 2022 | 3,623 | $1.1B | $22.3M | $39.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | Other Service Provider | $314,000 | — | $314,000 |
| T ROWE PRICE RPS INC | Other Service Provider | $248,000 | — | $248,000 |
| FIDUCIENT ADVISORS | Other Service Provider | $74,000 | — | $74,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $636,000
- Estimated Expense Ratio: 0.031% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $194,119,000 | $74,000 | — | — | — |
| 2024 | $474,000 | $72,000 | — | — | — |
| 2023 | $249,000 | — | $249,000 | — | — |
| 2022 | $239,000 | — | $239,000 | — | — |