Company: ENBSF
Filing Date: 2025-06-27
Form Type: 11-K
Source: 0001193125-25-149184
Chunk: 4

Company: ENBRIDGE INC
Filing Date: 2025-06-27
Form: 11-K
Chunk 4
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 18 years of age or older
and be a regular full-time or part-time employee. Union participants must be scheduled to work or actually work at least 1,000 hours in a 12-month period.

6

Contributions

All Employees Except US Utilities Employees

Contributions
made to the Plan, for employees other than US Utilities employees, are invested as directed by participants as they are received from the Company. T. Rowe Price, as trustee, invests the contributions on behalf of the Plan. Participants are entitled
to make contributions to the Plan by electing to contribute up to 50% of eligible earnings, but not in excess of the statutory maximum contribution amount, which for 2024 was $23,000. Contributions can be made on a
pre-tax basis (where the investment income is not subject to tax, but withdrawals are) or an after-tax Roth basis (where the investment income and withdrawals are not
subject to tax). Employees who have attained age 50 before the close of the Plan year shall be eligible to make catch-up contributions, in accordance with and subject to certain limitations.

Participant contributions are invested at the discretion of each participant in one or more of the Plan’s investment options. If a participant fails to
make an investment election, contributions are invested in the target-date retirement fund that corresponds to the participant’s age. Eligible employees participate in the Plan either through self-election of a deferral percentage or through
automatic enrollment into the Plan at a 6% deferral, provided that the employee did not opt out of such election as specified in the Plan document. Such deferral elections represent a portion of participants’ salary that would otherwise be
payable to participants. Participant deferrals are intended to satisfy the requirements of Section 401(k) of the Internal Revenue Code of 1986, as amended (IRC). All matching contributions are made to T. Rowe Price in the investment election
selected by the employee, or in a target-date retirement fund if no investment election has been made.

The Company matching amount shall be equal to 100%
of the sum of the participant’s 401(k) pre-tax contribution and Roth contribution, limited to a maximum allowable percentage of 6% of their credited compensation. Participant after-tax contributions and matching contributions are intended to satisfy the requirements of Section 401(m) of the IRC.

US Utilities Employees

Contributions made to the Plan,
for US Utilities employees, are invested as directed by participants as they are received from the Company. Voya Institutional Trust