Plan Snapshot
- Plan Sponsor: Enbridge Employee Services, INC.
- Sponsor EIN: 760697621
- Sponsor Address: 915 N. ELDRIDGE PARKWAY, HOUSTON, TX, 77079
- Plan Type: DB
- Total Participants: 5,354
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,354 | $1.1B | $0 | $0 |
| 2023 | 3,603 | $875.2M | $0 | $0 |
| 2022 | 3,482 | $846.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWER WATSON US LLC | Recordkeeper | $1,196,000 | — | $1,196,000 |
| OAKTREE CAPITAL MANAGEMENT, LP | Other Service Provider | $905,000 | — | $905,000 |
| GLOBAL INFRASTRUCTURE MANAGEMENT | Other Service Provider | $905,000 | — | $905,000 |
| BROOKFIELD STRATEGIC REAL ESTATE | Other Service Provider | $641,000 | — | $641,000 |
| TENEX CAPITAL MANAGEMENT LP | Other Service Provider | $488,000 | — | $488,000 |
| BLACKROCK | Other Service Provider | $380,000 | — | $380,000 |
| KPS CAPITAL PARTNERS, LP | Other Service Provider | $357,000 | — | $357,000 |
| MERCER US INC. | Other Service Provider | $345,000 | — | $345,000 |
| BRIGHTON PARK CAPITAL | Other Service Provider | $331,000 | — | $331,000 |
| CAMBRIDGE ASSOCIATES | Other Service Provider | $259,000 | — | $259,000 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $205,000 | — | $205,000 |
| WARREN EQUITY PARTNERS, LLC | Other Service Provider | $197,000 | — | $197,000 |
| CORE INDUSTRIAL PARTNERS | Other Service Provider | $158,000 | — | $158,000 |
| BRANDES INVESTMENT PARTNERS,L.P. | Other Service Provider | $143,000 | — | $143,000 |
| CONNOR, CLARK & LUNN INVESTMENT | Other Service Provider | $129,000 | — | $129,000 |
| LUMINATE CAPITAL MANAGEMENT, LLC | Other Service Provider | $124,000 | — | $124,000 |
| CENTANA GROWTH PARTNERS | Other Service Provider | $113,000 | — | $113,000 |
| LEVEL EQUITY | Other Service Provider | $77,000 | — | $77,000 |
| HILLSDALE INVESTMENT MANAGEMENT INC | Other Service Provider | $75,000 | — | $75,000 |
| GREAT HILL PARTNERS, LP. | Other Service Provider | $42,000 | — | $42,000 |
| PEAK ROCK CAPITAL LLC | Other Service Provider | $26,000 | — | $26,000 |
| EVESTMENT ALLIANCE, LLC | Other Service Provider | $14,000 | — | $14,000 |
| KPMG | Auditor | $10,000 | — | $10,000 |
| PREQIN, INC. | Other Service Provider | $10,000 | — | $10,000 |
| HAYNES AND BOONE | Other Service Provider | $8,000 | — | $8,000 |
| PARTHENON CAPITAL | Other Service Provider | $8,000 | — | $8,000 |
| BCA RESEARCH INC | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWER WATSON US LLC — Recordkeeper
- KPMG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,151,000
- Estimated Expense Ratio: 0.646% 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 |
|---|---|---|---|---|---|
| 2024 | $8,061,000 | $5,342,000 | — | $2,000 | — |
| 2023 | $6,409,000 | $3,853,000 | — | $2,000 | — |
| 2022 | $7,061,000 | $4,457,000 | $260,000 | — | $29,000 |