HCL America 401(k) match, vesting and fees
What HCL America's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Silicon Valley Accountacy Corp. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 94 defined-contribution plans in professional, scientific, and technical services with 10,000 to 49,999 participants.
| HCL America: employer contribution per participant | $3,094 | |
| Peer median | $2,636 |
| HCL America: average balance | $83,647 | |
| Peer median | $138,100 |
| HCL America: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.05% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.1B at the end of plan year 2023 to $1.5B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 25,624 | $1.5B | $55.1M | $3,094 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 25,802 | $1.1B | $46M | $2,949 | 0.14% | Not published | Form 5500 ↗ |
Other HCL America plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Hcl America, Inc. Puerto Rico Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Form 5500-SF ↗ |
Common questions
Does HCL America match 401(k) contributions?
The match terms for the Hcl America, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $55.1M in employer contributions, about $3,094 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the HCL America 401(k) match vested?
The vesting schedule for the Hcl America, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the HCL America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Hcl America Inc.
I left HCL America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Hcl America Inc, (408) 523-8384) or the recordkeeper, Principal Life Insurance Company. The HCL America old 401(k) page lists the contacts from every plan filing. Find an old HCL America 401(k)
Data from the public Form 5500 annual reports HCL America filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with HCL America. Not financial advice. Report a correction · Methodology