Employers › HP
Recordkeeping fees per participant · HP Inc. 401(k) Plan · plan year 2024
$24.32
Higher than 32% of the 790 plans over $1B that report it.
= $833,246 / 34,268
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250721125115NAL0001918944001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721125115NAL0001918944001, received 2025-07-21
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-21.
Administrative expenses excluding investment management, per participant
$48.92
Higher than 57% of the 1,045 plans over $1B that report it.
= $1,676,537 / 34,268
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250721125115NAL0001918944001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721125115NAL0001918944001, received 2025-07-21
Administrative expenses per participant
$80.38
Higher than 59% of the 1,076 plans over $1B that report it.
= $2,754,376 / 34,268
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250721125115NAL0001918944001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721125115NAL0001918944001, received 2025-07-21
Administrative expenses as a share of assets
0.027%
Higher than 26% of the 1,076 plans over $1B that report it.
= $2,754,376 / $10,292,655,097
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250721125115NAL0001918944001, received 2025-07-21
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250721125115NAL0001918944001, received 2025-07-21
Employer contributions per participant
$1,888
Higher than 15% of the 1,135 plans over $1B that report it.
= $64,687,398 / 34,268
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250721125115NAL0001918944001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721125115NAL0001918944001, received 2025-07-21
Employer share of total contributions
23.0%
Higher than 16% of the 1,135 plans over $1B that report it.
= $64,687,398 / $281,254,692
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250721125115NAL0001918944001, received 2025-07-21
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250721125115NAL0001918944001, received 2025-07-21
Employer match
“In general, the Company matching contribution is a fixed contribution equal to 100% of the first 4% of eligible earnings a participant contributes each pay period.”
Form 11-K filed 2026-06-09, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“In general, participants are subject to a three-year cliff vesting schedule with regard to Company matching contributions, and earnings thereon, after which time they will become 100% vested in their Company matching contributions, and earnings thereon.”
Form 11-K filed 2026-06-09, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Upon employment, as soon as administratively feasible, employees are automatically enrolled in the Plan at 4% pre-tax in the Birth Date Fund closest to the year the employee was born.”
Form 11-K filed 2026-06-09, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2F ERISA 404(c) plan · 2G fully participant-directed · 2I · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250721125115NAL0001918944001, received 2025-07-21
| Field | Value | Source |
|---|---|---|
| Plan sponsor | HP INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Plan name | HP INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Sponsor EIN / plan number | 94-1081436 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Sponsor location | AUSTIN, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Industry (business code) | 334110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Filing received | 2025-07-21 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Participants, beginning of year | 37,593 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Active participants | 14,808 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Participants, end of year | 36,268 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Participants with an account balance | 34,268 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Total assets, beginning of year | $9,672,165,015 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Total assets, end of year | $10,292,655,097 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Net assets, end of year | $10,281,341,829 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Total income | $1,565,004,797 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Net income | $616,055,337 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Employer contributions | $64,687,398 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Participant contributions | $187,768,653 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Other contributions (incl. rollovers) | $28,798,641 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Total contributions | $281,254,692 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Benefit payments | $946,024,258 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Total expenses (incl. benefit payments) | $948,949,460 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Total administrative expenses | $2,754,376 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Contract administrator fees | $301,715 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Recordkeeping fees | $833,246 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| IQPA audit fees | $142,800 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Investment advisory and management fees | $1,077,839 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Administrative expenses excluding investment management | $1,676,537 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Held in common/collective trusts | $9,213,987,924 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Held in mutual funds | $429,306,818 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250721125115NAL0001918944001, received 2025-07-21 |
| Independent auditor | ERNST & YOUNG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250721125115NAL0001918944001, received 2025-07-21 |
Position = column in the DOL layout for form year 2024. Filing 20250721125115NAL0001918944001, received 2025-07-21.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FID INV INSTL OPS COrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 71 Securities brokerage commissions and fees; 64 Recordkeeping fees; 65 Account maintenance fees | $833,246 | yes |
| STRATEGIC ADVISORS | INV ADVISOR | 27 Investment advisory (plan); 50 Direct payment from the plan | $681,752 | no |
| BLACKROCK INSTITUTIONAL TRUST | INV MGMT | 28 Investment management; 50 Direct payment from the plan | $296,087 | no |
| HP INC | PLAN ADMINISTRATOR | 14 Plan administrator; 65 Account maintenance fees; 49 Other services; 99 Other fees | $280,415 | no |
| AON HEWITT | CONSULTING | 16 Consulting (general); 50 Direct payment from the plan | $200,000 | no |
| ERNST & YOUNG | AUDIT | 10 Accounting (including auditing); 50 Direct payment from the plan | $142,800 | no |
| THE BANK OF NEW YORK MELLON | TRUSTEE CUSTODIAN | 21 Trustee (bank, trust company or similar); 50 Direct payment from the plan | $127,500 | yes |
| STATE STREET | INV MGMT | 28 Investment management; 50 Direct payment from the plan | $100,000 | no |
| DELOITTE & TOUCHE LLC | CONSULTING | 10 Accounting (including auditing); 50 Direct payment from the plan | $49,000 | no |
| GROOM LAW | CONSULTING | 29 Legal; 50 Direct payment from the plan | $22,276 | no |
| QDRO CONSULTANTrecordkeeper | ADMIN | 64 Recordkeeping fees; 50 Direct payment from the plan | $21,300 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250721125115NAL0001918944001, received 2025-07-21.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $9,672,165,015 | $10,292,655,097 | 6.4% |
| Participants with a balance | 35,591 | 34,268 | -3.7% |
| Administrative expenses | $2,477,704 | $2,754,376 | 11.2% |
| Recordkeeping fees per participant | $21.49 | $24.32 | 13.2% |
| Employer contributions | $65,306,787 | $64,687,398 | -0.9% |
Prior filing 20240725153324NAL0009418355001, received 2024-07-25; the plan years are contiguous.
Sponsor name as filed: HP INC.; SEC registrant: HP INC (CIK 47217, matched by EIN; display name from the Form 11-K cover).