Retirement plan

HP INC. 401(K) PLAN

Name: HP INC. - HP INC. 401(K) PLAN (2017) Form 5500
Creator: HP INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HP INC. 401(K) PLAN, HP INC.

HP INC.EIN 94-1081436Plan #004PY 2017

3800 QUICK HILL RD, BUILDING #2, SUITE 100 - AUSTIN, TX 78728800-890-3100

Other plans on this EIN

2 filings

#003Retirement-$11.17B assets #001Retirement-$580.5M assets

Prospect flagsFailed to transmit contributions

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.

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Total assets (EOY)

$9163M

+11.5% from 2016

Total participants

47,002

-5.9% from 2016

Average account balance

$203,563

+18.9% from 2016

Annual return

18.20%

+8.90 pp from 2016

Benchmarks

See 88 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort88 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$10.29B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$300K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

34,268

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

86.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$252.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.59%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$80

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 10 by compensation

Provider	Service type	Compensation
FID INV INST OPS CO3+ years Filed as: FID INV INSTL OPS CO Service code 37 · EIN 04-2647786	Loan Processing	$1,924,902
BLACKROCK3+ years Filed as: BLACKROCK INSTITUTIONAL TRUST Service code 28 · EIN 94-3112180	Investment Management	$672,295
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY MANAGEMENT TRUST Service code 16 · EIN 04-2723880	Consulting	$328,101
THE BANK OF NEW YORK MELLON3+ years Service code 21 · EIN 13-5160382	Bank Trustee	$268,888
HP INC.3+ years Service code 14 · EIN 94-1081436	Plan Administrator	$190,471
STATE STREET GLOBAL ADVISORS1 year Filed as: STATE STREET BANK & TRUST Service code 28 · EIN 04-1867445	Investment Management	$149,898
ERNST & YOUNG LLP3+ years Filed as: ERNST & YOUNG U.S. LLP Service code 10 · EIN 34-6565596	Accounting	$122,357
DELOITTE & TOUCHE LLP1 year Service code 16 · EIN 13-3891517	Consulting	$59,016
ENTERPRISE BANK & TRUST1 year Filed as: HP ENTERPRISE SERVICES LLC Service code 16 · EIN 75-2548221	Consulting	$41,174
CALLAN ASSOCIATES1 year Filed as: CALLAN LLC Service code 16 · EIN 94-2192581	Consulting	$30,000

Plan features & details

Pension benefit codes2F2G2I2J2K2O2R2S3H

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2.8M

$182 / participant

Investment mgmt$822K29.6%
Other / not subdivided$2M70.4%

% of EOY assets

0.030%

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
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$203,563

$136,209+49.4%

$82,312+147.3%

$80,976+151.4%

Participation rate

87.0%

88.0%-1.1pp

76.9%+10.1pp

68.3%+18.7pp

Annual return

18.20%

21.54%-3.3pp

25.88%-7.7pp

22.91%-4.7pp

Employer contribution / active EE

$2,869

$3,633-21.0%

$2,428+18.1%

$2,402+19.4%

Participant deferral / active EE

$8,625

$6,693+28.9%

$3,706+132.7%

$3,848+124.1%

Admin fee / account holder

$62

$62-0.8%

$5,608-98.9%

$67-8.5%

Provider

Service type

Compensation

FID INV INST OPS CO3+ years

Filed as: FID INV INSTL OPS CO

Service code 37 · EIN 04-2647786

Loan Processing

$1,924,902

BLACKROCK3+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST

Service code 28 · EIN 94-3112180

Investment Management

$672,295

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY MANAGEMENT TRUST

Service code 16 · EIN 04-2723880

Consulting

$328,101

THE BANK OF NEW YORK MELLON3+ years

Service code 21 · EIN 13-5160382

Bank Trustee

$268,888

HP INC.3+ years

Service code 14 · EIN 94-1081436

Plan Administrator

$190,471

STATE STREET GLOBAL ADVISORS1 year

Filed as: STATE STREET BANK & TRUST

Service code 28 · EIN 04-1867445

Investment Management

$149,898

ERNST & YOUNG LLP3+ years

Filed as: ERNST & YOUNG U.S. LLP

Service code 10 · EIN 34-6565596

Accounting

$122,357

DELOITTE & TOUCHE LLP1 year

Service code 16 · EIN 13-3891517

Consulting

$59,016

ENTERPRISE BANK & TRUST1 year

Filed as: HP ENTERPRISE SERVICES LLC

Service code 16 · EIN 75-2548221

Consulting

$41,174

CALLAN ASSOCIATES1 year

Filed as: CALLAN LLC

Service code 16 · EIN 94-2192581

Consulting

$30,000

HP INC. 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HP INC. 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion