Retirement plan

HP INC. DEFERRED PROFIT-SHARING PLAN

HP INC.EIN 94-1081436Plan #001PY 2018
3800 QUICK HILL ROAD, BUILDING 2, SUITE 100 - AUSTIN, TX 78728512-319-9599
Prospect flagsLow participationWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(512) 319-9599

Summary metrics

Total assets (EOY)
$536.5M
+3.6% from 2017
Total participants
10,926
+1.7% from 2017
Average account balance
$51,924
+0.3% from 2017
Annual return
0.88%
-9.14 pp from 2017

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants1,000-4,999
Cohort831 peers
Snapshot2018
Participant deferral / active EE
$0
median $4,282
Employer contribution / active EE
$0
median $2,159
Participation rate
56.0%
median 93.4%
Avg account balance
$51,924
median $65,680
Admin fee / account holder
$58
median $67
Annual return
0.88%
median -4.46%
Overall peer rank
47th percentileavg across 6 metrics

Analytics

2016 - 2024
Total assets (EOY)
Plan-year ending balance
$297.93M
Average account balance
Total assets / participants with a balance (line 6g)
$111K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,688
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
100.0%
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+9.06%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$59
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
Service code 18 · EIN 13-5160382
Other investment fees and expenses; C...
$33,050
Service code 13 · EIN 04-2647786
Contract Administrator
$32,000
HP INC1 year
Service code 14 · EIN 94-1081436
Plan Administrator
$21,133
Service code 16 · EIN 20-2116576
Consulting
$7,321

Top hat statement on fileNQDC

Filed November 9, 2005 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes2E3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$601K
$446 / participant
  • Investment mgmt$92K15.4%
  • Contract admin$49K8.2%
  • Other / not subdivided$459K76.5%
% of EOY assets
0.112%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
ERNST & YOUNG, LLP
Auditor EIN
346565596
Audit fees
(not subdivided)
Opinion code
Unqualified