401(k) Monitor

Hewlett Packard Enterprise Company 401(k): Fidelity, match 4% max

Hewlett Packard Enterprise 401(k) Plan · HPE · CIK 1645590

Fidelity Investments is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.

Maximum employer match, as a share of pay

4%

Hewlett Packard Enterprise Company matches 100% (dollar-for-dollar) of the first 4% of pay.

From the Form 11-K filed June 16, 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 · who holds your account · what the plan reports to the DOL · how it compares · what to do next

What Hewlett Packard Enterprise puts in, and what the plan costs

What Hewlett Packard Enterprise put into the plan, per active participant

$6,333

Hewlett Packard Enterprise Company put $6,333 into this plan for each of its 14,550 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.

0 · least per person100 · most per person

Hewlett Packard Enterprise put in more per active participant than 77% of plans with 5,000+ participants in software and IT services. The middle plan in that group of 62 reported $4,620. Software and IT services comes from business code 518210, which Hewlett Packard Enterprise 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.

What this figure cannot separate: how much Hewlett Packard Enterprise 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 473298624, plan 001 · DOL EFAST2 ↗

The $6,333 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Hewlett Packard Enterprise Company also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,980 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.

What Hewlett Packard Enterprise puts in

$1,980

a year, at a $49,500 salary.

The match paragraph, word for word
“The Company matching contribution is equal to 100% of the first 4% of eligible compensation a participant contributes each payroll period. The Company matching contribution will be funded after the end of the calendar quarter. In order to qualify for the quarterly Company matching contribution, a participant must be employed by HPE or a member of its affiliated group on the last day of the quarter or have terminated employment during the calendar quarter as a result of such participant’s death, or for terminations preceding August 1, 2025 only in connection with a sale or other disposition by the Company of the business unit in which the participant was employed. In addition, a participant is entitled to receive the Company matching contribution “true-up” in an amount equal to the difference between 100% of the first 4% of eligible compensation a participant contributed during a plan year and the sum of Company matching contributions contributed on behalf of such participant during the calendar year, if the participant is an eligible employee with HPE at the end of the calendar year (with a few limited exceptions) or terminates employment due to the approved termination events.”

What you contribute to collect all of it

Contribute at least 4% of your pay to collect the full match.

That is $1,980 a year at a $49,500 salary, and it scales with your own.

Vesting score

85.71 out of 100

How fast the employer’s money becomes yours. Higher than 47% of the 369 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.

Vesting scheduleCliff, 1 year

Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.

Vesting, word for word
“Participants are fully-vested at all times with regard to their pre-tax, Roth 401(k) and non-Roth after-tax contributions and earnings thereon. In general, participants become fully-vested in their Company matching contributions and earnings thereon upon completion of one year of vesting service. In addition, a participant becomes 100% vested in their Company matching contributions, and earnings thereon, at attainment of age 65, death before termination of employment, or termination of employment due to a partial or total disability while receiving long-term disability benefits under the Hewlett Packard Enterprise Disability Plan.”
True-up after year endStated in the filing

The plan tops the match up after year end, so contributing unevenly through the year does not cost the worker part of it.

The same match paragraph, word for word
“The Company matching contribution is equal to 100% of the first 4% of eligible compensation a participant contributes each payroll period. The Company matching contribution will be funded after the end of the calendar quarter. In order to qualify for the quarterly Company matching contribution, a participant must be employed by HPE or a member of its affiliated group on the last day of the quarter or have terminated employment during the calendar quarter as a result of such participant’s death, or for terminations preceding August 1, 2025 only in connection with a sale or other disposition by the Company of the business unit in which the participant was employed. In addition, a participant is entitled to receive the Company matching contribution “true-up” in an amount equal to the difference between 100% of the first 4% of eligible compensation a participant contributed during a plan year and the sum of Company matching contributions contributed on behalf of such participant during the calendar year, if the participant is an eligible employee with HPE at the end of the calendar year (with a few limited exceptions) or terminates employment due to the approved termination events.”

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.

The formula, the six-year window and a worked example

What the plan costs, against plans of its size

50th percentile

$54.65 per participant in plan-paid administrative cost, cheaper than 50% of plans with 5,000+ participants.

What is Hewlett Packard Enterprise's 401(k) match formula?

Hewlett Packard Enterprise's 401(k) employer match tops out at 4% of pay. The match is deposited quarterly and the plan pays an annual true-up. What an annual true-up repays is the arithmetic behind that line: it matters most in a year when contributions land unevenly.

Match formula100% (dollar-for-dollar) of the first 4% of pay
Maximum employer match4% of compensation
True-upA year-end recalculation that repays match lost to uneven contributions.Yes, annual true-up
DepositedQuarterly
ConditionsTo qualify for the quarterly matching contribution, a participant must be employed by HPE or a member of its affiliated group on the last day of the quarter or have terminated employment during the quarter due to death (or, for terminations preceding August 1, 2025 only, in connection with a sale or disposition of the participant's business unit). The annual true-up requires being an eligible employee at the end of the calendar year (with limited exceptions) or termination due to approved termination events. Pre-tax and Roth 401(k) contributions are eligible for the match; non-Roth after-tax and catch-up contributions are not.

At a $75,000 salary, contributing 4% ($3,000) earns the full employer match of $3,000 for the year.

What the filing says, word for word
“The Company matching contribution is equal to 100% of the first 4% of eligible compensation a participant contributes each payroll period. The Company matching contribution will be funded after the end of the calendar quarter. In order to qualify for the quarterly Company matching contribution, a participant must be employed by HPE or a member of its affiliated group on the last day of the quarter or have terminated employment during the calendar quarter as a result of such participant’s death, or for terminations preceding August 1, 2025 only in connection with a sale or other disposition by the Company of the business unit in which the participant was employed. In addition, a participant is entitled to receive the Company matching contribution “true-up” in an amount equal to the difference between 100% of the first 4% of eligible compensation a participant contributed during a plan year and the sum of Company matching contributions contributed on behalf of such participant during the calendar year, if the participant is an eligible employee with HPE at the end of the calendar year (with a few limited exceptions) or terminates employment due to the approved termination events.”

Source: Form 11-K filed June 16, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗

What is Hewlett Packard Enterprise's 401(k) vesting schedule?

Hewlett Packard Enterprise vests the employer match on a cliff schedule: nothing is yours until one year of service, then 100% at once. Leave a day early and the employer money goes back to the plan, the edge a one-year cliff creates.

Employer match vestingCliff: 100% vested after 1 years of service
Your own contributionsImmediate: always 100% yours
Year of serviceOne year of vesting service
Accelerated vesting100% vesting at attainment of age 65, death before termination of employment, or termination due to partial or total disability while receiving long-term disability benefits under the Hewlett Packard Enterprise Disability Plan; also on termination prior to August 1, 2025 in connection with a sale or divestiture of the participant's business unit, and on Plan termination
Vesting, word for word
“Participants are fully-vested at all times with regard to their pre-tax, Roth 401(k) and non-Roth after-tax contributions and earnings thereon. In general, participants become fully-vested in their Company matching contributions and earnings thereon upon completion of one year of vesting service. In addition, a participant becomes 100% vested in their Company matching contributions, and earnings thereon, at attainment of age 65, death before termination of employment, or termination of employment due to a partial or total disability while receiving long-term disability benefits under the Hewlett Packard Enterprise Disability Plan.”

Source: Form 11-K filed June 16, 2026, SEC EDGAR · SEC ↗

Who can join Hewlett Packard Enterprise's 401(k), and is enrollment automatic?

Hewlett Packard Enterprise enrolls new hires automatically at 3% of pay.

Plan entryEligible employees of Hewlett Packard Enterprise Company and designated domestic subsidiaries who are on the U.S. payroll and employed as regular full-time, regular part-time or limited-term employees
Match eligibilityMust be employed on the last day of the calendar quarter (or have terminated during the quarter due to death or, before August 1, 2025, a divestiture) to receive the quarterly match
Automatic enrollmentYes: default deferral 3% of pay; default investment: Birth Date Fund based generally on the year the eligible employee was born
Eligibility, word for word
“The Plan is a defined contribution plan covering eligible employees of Hewlett Packard Enterprise Company (the Company, Employer, Plan Sponsor, or HPE) and designated domestic subsidiaries who are on the U.S. payroll and who are employed as regular full-time, regular part-time or limited-term employees.”
Automatic enrollment, word for word
“Eligible employees are enrolled automatically in the Plan at a 3% pre-tax contribution rate in the Birth Date Fund based generally on the year the eligible employee was born.”

Source: Form 11-K filed June 16, 2026, SEC EDGAR · SEC ↗

Who holds your account

Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FIDELITY INV INSTL OPS CO”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.

Participants log in at Fidelity NetBenefits ↗. 401(k) Monitor is not affiliated with Fidelity Investments or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.

Recordkeeper from Schedule C, Part 1, Item 2 of Form 5500 filing 20251003151805NAL0002555040001.
RecordkeeperFidelity Investments
Recordkeeper EIN042647786

What does the Hewlett Packard Enterprise plan report on Form 5500?

The Hewlett Packard Enterprise plan reported $8.8B in assets and 30,351 participants for plan year 2024.

DOL Form 5500 filing for plan year 2024, EIN 473298624, plan 001.
Total plan assets$8,785,248,163
Participants30,351
Plan-paid admin cost per participant$54.65

How that cost compares

This plan pays $54.65 per participant. The median across plans in software and IT services is $125.69, from the 2,819 of 2,956 whose Form 5500 yields a per-participant cost.

Hewlett Packard Enterprise 401(k) Plan on its Form 5500 filing: fees, providers and financials

How does Hewlett Packard Enterprise's 401(k) match compare?

Hewlett Packard Enterprise Company's maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.

Employers worth reading next

Of the six employers below, three file in software and IT services, two land near Hewlett Packard Enterprise's maximum match and one vests on the same schedule.

CACI International

Maximum match 4% of pay. Also in software and IT services.

SEI INVESTMENTS

Maximum match 4% of pay. Also in software and IT services.

Oracle

Maximum match 3% of pay. Also in software and IT services.

GRAY MEDIA

Maximum match 4% of pay, level with Hewlett Packard Enterprise.

HP

Maximum match 4% of pay, level with Hewlett Packard Enterprise.

AVISTA

Maximum match 6% of pay. Same 1-year cliff as Hewlett Packard Enterprise.

Compare Hewlett Packard Enterprise Company with any company, side by side

What can you do next?

Questions this filing answers

What is Hewlett Packard Enterprise Company's 401(k) match?

Hewlett Packard Enterprise Company matches 100% of employee contributions up to 4% of eligible pay (plan year ended December 31, 2025).

When does the Hewlett Packard Enterprise Company 401(k) match vest?

Cliff: 100% vested after 1 years of service.

Does Hewlett Packard Enterprise Company's 401(k) plan have automatic enrollment?

Yes: default deferral 3% of pay; default investment: Birth Date Fund based generally on the year the eligible employee was born.

Who is the recordkeeper for Hewlett Packard Enterprise Company's 401(k)?

Fidelity Investments is named as the recordkeeper on the Form 5500 filed for Hewlett Packard Enterprise 401(k) Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.

Source

The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that Hewlett Packard Enterprise Company filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.

The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.

Read the filing on SEC EDGAR ↗

DocumentForm 11-K annual report
Filed withUS Securities and Exchange Commission (EDGAR)
Filed byHewlett Packard Enterprise Company
SEC CIK1645590
Accession number0001645590-26-000067
PlanHewlett Packard Enterprise 401(k) Plan
Period of reportDecember 31, 2025
FiledJune 16, 2026

401(k) Monitor is not affiliated with Hewlett Packard Enterprise Company, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.

Cite this page

401(k) Monitor, “Hewlett Packard Enterprise Company 401(k) plan facts”, from SEC Form 11-K accession 0001645590-26-000067, plan year ended December 31, 2025.