HP Deferred Profit-Sharing Plan
Pension fund · Founded 1956 · Spring, United States
Who HP Deferred Profit-Sharing Plan is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The Hewlett-Packard Company Deferred Profit-Sharing Plan is a defined contribution plan established in 1956.
- The plan was closed to new participants on November 1, 1993.
Source of Capital
- The plan's capital is sourced from contributions made by Hewlett-Packard on behalf of its employees who were participants in the plan before it was frozen.
- It was designed as a retirement savings vehicle for HP employees.
Major Events
- For employees who participated before 1993, the benefits from the HP Retirement Plan are offset by the value of benefits earned under the Deferred Profit-Sharing Plan, creating a "floor-offset" arrangement.
- The plan's total assets were valued at $311.6 million at the end of 2023, a decrease from $463 million at the end of fiscal year 2020.
The funds HP Deferred Profit-Sharing Plan backs.
HP Deferred Profit-Sharing Plan is a limited partner in 29 funds. 14 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How HP Deferred Profit-Sharing Plan’s fund book is spread.
The 29 funds HP Deferred Profit-Sharing Plan backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 2793%
- Europe 27%
- Rest of world 00%
United States 27 · Ireland 1 · United Kingdom 1
How established those managers are
Managers grouped by how many funds they have raised. 1 emerging (three funds or fewer), 11 established — across the 12 of 29 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to HP Deferred Profit-Sharing Plan by combined power-law score — North America first, then the nearest worldwide.