Plan Ledger DOL Form 5500 · updated monthly

Hewlett Packard Enterprise401(k)

HEWLETT PACKARD ENTERPRISE 401(K)PLAN · SPRING, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Hewlett Packard Enterprise reported $1,658,760 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,333 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.020%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 15th-largest of 5,688 plans among Texas employers on file, and the 12th of 2,199 in information & media. In 2024, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,785,248,163
Participants with balances28,128
Active participants14,550
Employer contributions$92,150,532
Employee contributions$253,047,166
Employer contribution per active participant$6,333
Average account balance$312,331
Benefits paid to participants$1,013,731,536
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8B · 28,128 accts · $92.2M emplr
2023$8.2B · 29,974 accts · $93.7M emplr
2022$7.4B · 30,608 accts · $89.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,500,399
Audit (IQPA)$108,617
Total administrative$1,658,760
The Hewlett Packard Enterprise 401(k) match · 2024
Employer contribution per active participant$6,333
Median for plans this size$5,259
2024$6,333 per active participant
2023$6,178 per active participant
2022$5,911 per active participant

Hewlett Packard Enterprise's 2024 employer contribution ran above the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INV INSTL OPS CO · Loan processing$1,500,399
ERNST & YOUNG · Accounting / audit$108,617
HEWLETT PACKARD ENTERPRISE · Plan administrator · Other services$49,144

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,658,760 · 0.02%
2023$1,139,223 · 0.01%
2022$1,621,779 · 0.02%
Same employer
Similar plansInformation & Media · Texas
AT&T Inc. TX$43.1B · 0.04%
Qualcomm Incorporated CA$9.7B · 0.00%
Salesforce, Inc. CA$9.1B · 0.02%
T-Mobile USA, Inc. WA$9.1B · 0.03%
Cox Enterprises, Inc. GA$8.1B · 0.07%
Lumen Technologies, Inc. LA$7.3B · 0.02%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 473298624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.