BrightScope Rating
Company:
Hewlett-Packard Inc. (HP)
Plan:
Hewlett-Packard Company 401k Plan
Hewlett-Packard Inc. (HP)
81
Plan:
Hewlett-Packard Company 401k Plan
6
59
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (81) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $350,500 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan
and do not take into account other retirement plans and programs offered by this employer.
Plan Description
Hewlett-Packard Company 401k Plan is a defined contribution plan with a stock bonus component and 401k feature. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Total Plan Cost, and Account Balances. Hewlett-Packard Company 401k Plan currently has over 56,100 active participants and over $11.1B in plan assets.
Plan Details
| Address | PO Box 10301 Palo Alto, CA 94303 |
| Industry | Computer & Peripheral Equipment Mfg |
| Administrator | Donald Jackson |
| Net Plan Assets | $11,100,000,000 |
| Total Participants | 84,000 |
| Avg Account Balance | $130,000 |
Top 3 Investment Holdings
| 1. | Hewlett Packard Common Stock | 12% |
| 2. | Vanguard Employee Benefit Index Fund | 8% |
| 3. | Vanguard PRIMECAP | 6% |
Other Companies in Peer Group
| Johnson & Johnson | 82.3 |
| General Motors | 80.4 |
| Raytheon Company | 78.6 |
| Honeywell International | 76.8 |
| United Technologies | 71.3 |
| General Motors | 68.3 |
Plan Service Providers
| Insurance Carrier | Aig Financial Products Corp |
| Auditor | Ernst & Young |
| Corporate Trustee | Fidelity Management Trust Company |
| Investment Adviser | Mercer Investment Consulting |
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