Plan Snapshot
- Plan Sponsor: Hp INC.
- Sponsor EIN: 941081436
- Sponsor Address: 3800 QUICK HILL RD, AUSTIN, TX, 78728
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 33,749
- Total Assets: $10.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 33,749 | $10.9B | $0 | $0 |
| 2024 | 14,808 | $10.3B | $64.7M | $187.8M |
| 2023 | 14,722 | $9.7B | $65.3M | $188.1M |
| 2022 | 15,497 | $8.9B | $57.5M | $167.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS | Investment Advisor | $865,621 | — | $865,621 |
| FID INV INSTL OPS CO | Recordkeeper | $522,161 | — | $522,161 |
| BLACKROCK INSTITUTIONAL TRUST | Other Service Provider | $502,400 | — | $502,400 |
| HP INC | Recordkeeper | $287,483 | — | $287,483 |
| AON HEWITT | Other Service Provider | $200,000 | — | $200,000 |
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $159,375 | — | $159,375 |
| ERNST & YOUNG | Auditor | $149,500 | — | $149,500 |
| STATE STREET | Other Service Provider | $100,000 | — | $100,000 |
| DELOITTE & TOUCHE LLC | Other Service Provider | $47,355 | — | $47,355 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,833,895
- Estimated Expense Ratio: 0.026% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $1,164,843,629 | $1,468,021 | $287,483 | $149,500 | — |
| 2024 | $2,754,376 | $1,077,839 | $301,715 | $142,800 | — |
| 2023 | $2,477,704 | $913,538 | $266,993 | $136,000 | — |
| 2022 | $2,851,231 | $460,757 | — | — | $673,471 |