Retirement plan
HP INC. DEFERRED PROFIT-SHARING PLAN
HP INC.EIN 94-1081436Plan #001PY 2024
10300 ENERGY DRIVE - SPRING, TX 77389800-457-4015
Other plans on this EIN
2 filingsProspect flagsLow returnsWind-down / frozen
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$297.9M
+3.6% from 2017
Total participants
2,688
+1.7% from 2017
Average account balance
$110,836
+0.3% from 2017
Annual return
9.06%
-9.14 pp from 2017
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants250-999
Cohort2,379 peers
Snapshot2024
0
Participant deferral / active EE
$0
median $4,447
0
Employer contribution / active EE
$0
median $2,015
97
Participation rate
100.0%
median 90.3%
77
Avg account balance
$110,836
median $69,495
78
Admin fee / account holder
$59
median $156
4
Annual return
9.06%
median 14.17%
Overall peer rank
64of 100
64th 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 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
BANK OF NEW YORK MELLON7 years Service code 18 · EIN 13-5160382 | Other fees; Direct payment from the p... | $62,128 |
HP INC.6 years Service code 14 · EIN 94-1081436 | Plan Administrator | $24,285 |
ERNST & YOUNG6 years Service code 10 · EIN 34-6565596 | Accounting | $22,785 |
Service code 13 · EIN 04-2647786 | Contract Administrator | $21,283 |
DELOITTE6 years Service code 10 · EIN 13-3891517 | Accounting | $10,564 |
Service code 16 | Consulting | $7,252 |
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
- 2EProfit-sharingProfit-sharing plan.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
2 tripped
- 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
$158K
$423 / participant
- Trustee / custodial$62K39.3%
- Contract admin$21K13.5%
- Other / not subdivided$75K47.2%
% of EOY assets
0.053%
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
- $33,348
- Opinion code
- Unqualified