HP Inc. 401(k): Fidelity, match 4% max
HP Inc. 401(k) Plan · HPQ · CIK 47217
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%
HP Inc. matches 100% (dollar-for-dollar) of the first 4% of pay.
From the Form 11-K filed June 9, 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 HP puts in, and what the plan costs
What HP put into the plan, per active participant
$4,368
HP Inc. put $4,368 into this plan for each of its 14,808 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.
HP put in less per active participant than 58% of plans with 5,000+ participants in computers and electronics manufacturing. The middle plan in that group of 46 reported $4,837. Computers and electronics manufacturing comes from business code 334110, which HP 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 HP 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 941081436, plan 004 · DOL EFAST2 ↗
The $4,368 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. HP Inc. 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 HP puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“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. The Company matching contribution is funded annually. A participant must be employed on the last day of the calendar year to receive the Company matching contribution, unless they have terminated employment during the year as a result of death or disability, termination under a Company-approved severance or early retirement programs, in connection with a sale or divestiture by the Company of the business unit in which the participant was employed, or after the attainment of at least age 55 with at least ten years of vesting service.”
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
57.14 out of 100
How fast the employer’s money becomes yours. Higher than 5% 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.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 0%, 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 contributions and earnings thereon. 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. 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 becoming eligible for disability benefits under the Company’s long-term disability program.”
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
66th percentile
$73.27 per participant in plan-paid administrative cost, more expensive than 66% of plans with 5,000+ participants.
What is HP's 401(k) match formula?
HP's 401(k) employer match tops out at 4% of pay. The match is deposited once a year. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 4% of pay |
|---|---|
| Maximum employer match | 4% of compensation |
| Deposited | Once a year |
| Conditions | A participant must be employed on the last day of the calendar year to receive the match, unless termination during the year was due to death or disability, a Company-approved severance or early retirement program, a sale or divestiture of the participant's business unit, or after attainment of at least age 55 with at least ten years of vesting service. Only pre-tax and Roth 401(k) contributions are matched; after-tax and catch-up contributions are not eligible for matching |
At a $60,000 salary, contributing 4% ($2,400) earns the full employer match of $2,400 for the year.
What the filing says, word for word
“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. The Company matching contribution is funded annually. A participant must be employed on the last day of the calendar year to receive the Company matching contribution, unless they have terminated employment during the year as a result of death or disability, termination under a Company-approved severance or early retirement programs, in connection with a sale or divestiture by the Company of the business unit in which the participant was employed, or after the attainment of at least age 55 with at least ten years of vesting service.”
Source: Form 11-K filed June 9, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is HP's 401(k) vesting schedule?
HP vests the employer match on a cliff schedule: nothing is yours until three years of service, then 100% at once. Leave a day early and the employer money goes back to the plan, the edge a three-year cliff creates.
| Employer match vesting | Cliff: 100% vested after 3 years of service |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | 100% vested at attainment of age 65, death before termination of employment, or becoming eligible for benefits under the Company's long-term disability program; also fully vested upon termination in connection with a sale or divestiture of the participant's business unit or under a Company-approved severance or early retirement program, and upon Plan termination |
Vesting, word for word
“Participants are fully vested at all times with regard to their contributions and earnings thereon. 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. 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 becoming eligible for disability benefits under the Company’s long-term disability program.”
Source: Form 11-K filed June 9, 2026, SEC EDGAR · SEC ↗
Who can join HP's 401(k), and is enrollment automatic?
HP enrolls new hires automatically at 4% of pay.
| Plan entry | Employees of HP Inc. and designated domestic subsidiaries on the U.S. payroll employed as regular full-time, regular part-time or limited-term employees; automatically enrolled upon employment as soon as administratively feasible |
|---|---|
| Match eligibility | Match is received only if employed on the last day of the calendar year (with exceptions for death, disability, Company-approved severance or early retirement, divestiture of the business unit, or age 55 with ten years of vesting service) |
| Excluded groups | Intern employees are excluded |
| Automatic enrollment | Yes: default deferral 4% of pay; default investment: Birth Date Fund closest to the year the employee was born |
Eligibility, word for word
“The Plan is a defined contribution plan covering employees of HP Inc. (the Company, Employer, or HP) and designated domestic subsidiaries who are on the U.S. payroll and who are employed as regular full-time or regular part-time or limited-term employees, excluding intern employees.”
Automatic enrollment, word for word
“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.”
Source: Form 11-K filed June 9, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FID 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 | Fidelity Investments |
|---|---|
| Recordkeeper EIN | 042647786 |
What does the HP plan report on Form 5500?
The HP plan reported $10.3B in assets and 37,593 participants for plan year 2024.
| Total plan assets | $10,292,655,097 |
|---|---|
| Participants | 37,593 |
| Plan-paid admin cost per participant | $73.27 |
How that cost compares
This plan pays $73.27 per participant. The median across plans in computers and electronics manufacturing is $136.67, from the 597 of 644 whose Form 5500 yields a per-participant cost.
HP Inc. 401(k) Plan on its Form 5500 filing: fees, providers and financials
How does HP's 401(k) match compare?
HP Inc.'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 computers and electronics manufacturing, two land near HP's maximum match and one vests on the same schedule.
Maximum match 3% of pay. Also in computers and electronics manufacturing.
Maximum match 4% of pay. Also in computers and electronics manufacturing.
Maximum match 1.75% of pay. Also in computers and electronics manufacturing.
Maximum match 4% of pay, level with HP.
Maximum match 4% of pay, level with HP.
Maximum match 7% of pay. Same 3-year cliff as HP.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 9, 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.
Questions this filing answers
What is HP Inc.'s 401(k) match?
HP Inc. matches 100% of employee contributions up to 4% of eligible pay (plan year ended December 31, 2025).
When does the HP Inc. 401(k) match vest?
Cliff: 100% vested after 3 years of service.
Does HP Inc.'s 401(k) plan have automatic enrollment?
Yes: default deferral 4% of pay; default investment: Birth Date Fund closest to the year the employee was born.
Who is the recordkeeper for HP Inc.'s 401(k)?
Fidelity Investments is named as the recordkeeper on the Form 5500 filed for HP Inc. 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 HP Inc. 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 ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | HP Inc. |
| SEC CIK | 47217 |
| Accession number | 0000047217-26-000038 |
| Plan | HP Inc. 401(k) Plan |
| Period of report | December 31, 2025 |
| Filed | June 9, 2026 |
401(k) Monitor is not affiliated with HP Inc., 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, “HP Inc. 401(k) plan facts”, from SEC Form 11-K accession 0000047217-26-000038, plan year ended December 31, 2025.
