Retirement plan

HP INC. DEFERRED PROFIT-SHARING PLAN

HP INC.EIN 94-1081436Plan #001PY 2019
10300 ENERGY DRIVE - SPRING, TX 77389469-808-6825
Prospect flagsLow returnsLow participationWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(469) 808-6825

Summary metrics

Total assets (EOY)
$542.4M
+3.6% from 2017
Total participants
5,614
+1.7% from 2017
Average account balance
$109,311
+0.3% from 2017
Annual return
9.01%
-9.14 pp from 2017

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants1,000-4,999
Cohort822 peers
Snapshot2019
Participant deferral / active EE
$0
median $4,449
Employer contribution / active EE
$0
median $2,333
Participation rate
45.6%
median 94.5%
Avg account balance
$109,311
median $76,481
Admin fee / account holder
$31
median $78
Annual return
9.01%
median 22.42%
Overall peer rank
39th 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 5 by compensation
ProviderService typeCompensation
Service code 18 · EIN 13-5160382
Custodial (other than securities); Ot...
$49,917
Service code 13 · EIN 04-2647786
Contract Administrator
$31,660
HP INC.1 year
Service code 14 · EIN 94-1081436
Plan Administrator
$25,775
Service code 10 · EIN 34-6565596
Accounting
$13,648
DELOITTE1 year
Service code 10 · EIN 13-5133500
Accounting
$7,024

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

3 tripped
  • OpportunityLow participation

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

  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • 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
$152K
$127 / participant
  • Contract admin$77K50.5%
  • Other / not subdivided$75K49.5%
% of EOY assets
0.028%
all-in expense ratio
Categories reported
1 / 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