The Walt Disney Company 401(k) match for hourly employees: 5% of pay
Disney Hourly Savings and Investment Plan · DIS · CIK 1744489
Employer match stated in the filing, as a share of pay
5%
The Walt Disney hourly plan's 401(k) employer match runs up to 5% of pay, and the filing does not state the rate it matches at.
The match, vesting and enrollment terms below are for hourly employees: they are read from the Disney Hourly Savings and Investment Plan. Walt Disney filed two Form 11-K reports for plan year 2025, of which one has been read. The other report has not, so this page cannot say what the plan it covers pays.
From the Form 11-K filed June 25, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · what the plan reports to the DOL · how it compares · what to do next
What the Walt Disney hourly plan puts in, and what the plan costs
What Walt Disney put into the plan, per active participant
$456
The Walt Disney Company put $456 into this plan for each of its 109,416 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Walt Disney put in less per active participant than 97% of plans with 5,000+ participants in media, telecom and information. The middle plan in that group of 62 reported $3,707. Media, telecom and information comes from business code 512100, which Walt Disney entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Both filings are for the Disney Hourly Savings and Investment Plan, which covers hourly employees, so this figure and the terms above describe the same group.
What this figure cannot separate: how much Walt Disney pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 954545390, plan 026 · DOL EFAST2 ↗
What the Walt Disney hourly plan puts in
Not stated in the filing
Only part of the match formula is disclosed in the filing, so the yearly dollars cannot be computed from it.
The Form 5500 for this plan reports what Walt Disney actually paid in: the figure and its peer comparison are above. It is the whole employer side of the plan on one line, so it answers what went in rather than what the formula promises.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Fidelity NetBenefits ↗.
What you contribute to collect all of it
Not stated in the filing
The filing does not state the contribution rate that collects the full employer contribution.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are fully vested immediately in all contributions, including the Company’s matching contributions, and all earnings thereon.”
A worker hired today collects no match for 1 year. This is a filed term, and it does not move the score above.
Eligibility, word for word
“The Plan is for eligible domestic hourly employees of the Company and certain of its subsidiaries. Eligible employees may enroll and begin making contributions 90 days after their hire date.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
2nd percentile
$3.58 per participant in plan-paid administrative cost, cheaper than 98% of plans with 5,000+ participants.
What is the Walt Disney hourly plan's 401(k) match formula?
The Walt Disney hourly plan discloses only part of its 401(k) match terms; matching contributions run up to 5% of pay. Filings state some formulas in full and others not at all. The four shapes a formula takes shows what is missing here.
| Maximum employer match | 5% of compensation |
|---|---|
| Conditions | Matching contributions range from 2% to 5% of eligible pay depending on a number of factors, including whether the participant is covered by a collective bargaining agreement; the Company may change the level of matching contributions or cease making them for participants not covered by collective bargaining agreements |
What the filing says, word for word
“Generally, once the participant reaches one year of service, the Company will begin making matching contributions in amounts that range from 2% to 5% of eligible pay depending on a number of factors, including whether the participant is covered by a collective bargaining agreement. The Company may change the level of matching contributions or cease making matching contributions for participants not covered by collective bargaining agreements.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is the Walt Disney hourly plan's 401(k) vesting schedule?
The Walt Disney hourly plan vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Participants are fully vested immediately in all contributions, including the Company’s matching contributions, and all earnings thereon.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
Who can join the Walt Disney hourly plan's 401(k), and is enrollment automatic?
The Walt Disney hourly plan enrolls new hires automatically at 4% of pay, rising 1% a year to 10% of pay.
| Plan entry | Eligible domestic hourly employees may enroll and begin making contributions 90 days after their hire date |
|---|---|
| Match eligibility | Generally, once the participant reaches one year of service, the Company will begin making matching contributions |
| Excluded groups | Plan is limited to eligible domestic hourly employees of the Company and certain of its subsidiaries |
| Automatic enrollment | Yes: default deferral 4% of pay; 90-day opt-out window; auto-escalation +1%/yr to 10%; default investment: BTC Lifepath Fund with a target date closest to the participant's 65th birthday (if no investment election is made) |
Eligibility, word for word
“The Plan is for eligible domestic hourly employees of the Company and certain of its subsidiaries. Eligible employees may enroll and begin making contributions 90 days after their hire date.”
Automatic enrollment, word for word
“Eligible employees hired or rehired on or after January 1, 2018 and not covered by a collective bargaining agreement will be automatically enrolled in the Plan at a contribution rate of 4% of eligible pay, and this contribution rate automatically increases by 1 percentage point each year, up to a maximum percentage of 10%, unless a participant affirmatively elects otherwise. Employees who were auto-enrolled may withdraw their tax deferred contributions within 90 days of their 1st contribution.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
What does the Walt Disney plan report on Form 5500?
The Walt Disney plan reported $1.6B in assets and 111,954 participants for plan year 2024.
| Total plan assets | $1,553,431,836 |
|---|---|
| Participants | 111,954 |
| Recordkeeper | Fidelity Investments |
| Plan-paid admin cost per participant | $3.58 |
How that cost compares
This plan pays $3.58 per participant. The median across plans in media, telecom and information is $121.00, from the 1,035 of 1,108 whose Form 5500 yields a per-participant cost.
The plan reports Fidelity Investments as its recordkeeper, one of 10,593 plans it runs in the data we publish. Of those, the 10,022 with a computable fee have a median plan-paid cost of $97.71 per participant.
Disney Hourly Savings And Investment Plan on its Form 5500 filing: fees, providers and financials
How does the Walt Disney hourly plan's 401(k) match compare?
The Walt Disney hourly plan's filing does not state a maximum 401(k) match as a share of pay. Across the 181 companies in our data that do, the median is 4.5% of pay.
Employers worth reading next
Of the six employers below, three file in media, telecom and information, two report the same recordkeeper and one vests on the same schedule.
No match; the employer contributes on its own. Also in media, telecom and information.
Match formula not disclosed in the filing. Also in media, telecom and information.
Maximum match 6% of pay. Also in media, telecom and information.
No employer match in the filing. Same recordkeeper, Fidelity Investments.
Match vests in steps, 100% after 3 years. Same recordkeeper, Fidelity Investments.
Maximum match 6% of pay. Vests immediately too, like Walt Disney.
Compare The Walt Disney Company with any company, side by side
What can you do next?
Check your own balance and contribution rate at Fidelity NetBenefits ↗, the recordkeeper this plan reports.
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 25, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
- Download this data (CSV)
Formula, vesting and source references for this company, one file.
Questions this filing answers
What is The Walt Disney Company's 401(k) match for hourly employees?
The Disney Hourly Savings and Investment Plan covers hourly employees. The Walt Disney Company discloses only part of its match terms in the 11-K for the plan year ended December 31, 2025.
When does the The Walt Disney Company 401(k) match vest for hourly employees?
Immediate: employer match is 100% vested when contributed.
Does The Walt Disney Company's 401(k) plan for hourly employees have automatic enrollment?
Yes: default deferral 4% of pay; 90-day opt-out window; auto-escalation +1%/yr to 10%; default investment: BTC Lifepath Fund with a target date closest to the participant's 65th birthday (if no investment election is made).
Cite: 401(k) Monitor, “The Walt Disney Company 401(k) plan facts for hourly employees”, from SEC Form 11-K accession 0001744489-26-000049, plan year ended 2025-12-31.