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For Compaq Alumni (Nov 26, 2024) Website operated by volunteers. Not officially endorsed or supported. Question? Email: info@hpalumni.org HP Inc. is the legal successor to companies acquired by Hewlett-Packard (Compaq, DEC, EDS, Tandem, etc.) before the company was split into HP Inc and Hewlett Packard Enterprise (HPE) on Nov 1, 2015. For employees of HP -- and predecessor companies -- who left before the split, responsibility for any health or retirement benefits varies from country to country. For the US, HPInc has responsibility. For Canada and UK, HPE has responsibility. In many countries, plans were split between HPInc and HPE. See: Country-by-country details Key contact: The HP Retirement Service Center is the primary administrator for HP Inc U.S. pension and 401(k) accounts, including any accounts for companies that Hewlett-Packard acquired before Nov 1, 2015 (Compaq, DEC, EDS, etc.) Operated by Fidelity Investments. 1-800-457-4015 (If no password, keep hitting #.) (Outside US 1-508-787-9902 collect.) https://nb.fidelity.com (Don't go to a local Fidelity office.) Compaq history -- Books, articles, websites, video. Select the links below that fit your situation... - Current HP or HPE employee: Networking and Information for Current Employees. Join Ex-Compaq* group on LinkedIn. - HP or HPE employee in the process of leaving: use the ASAP checklist. Join Ex-Compaq* and "Hewlett-Packard / HPE - Unofficial" on LinkedIn - Former Compaq employee who never worked for HP: Join Ex-Compaq* group on LinkedIn. (The Ex-Compaq group on LinkedIn is operated by Compaq alumni, not by the HPAA.) Received a "Potential Private Retirement Benefit" letter from U.S. Social Security? It shows your last transaction ("Year Reported.") Look up the "Type of Benefit" and "Payment Frequency" codes on the back. Who to contact: Potential Benefit letter If you have paper stock certificates. What to do: Stock Certificates Compaq 401(k) plan #001: - Name: "Compaq Computer Corporation 401(k) Investment Plan" - EIN: 76-0011617 Plan number: 001 ("EIN" = IRS Employer Identification Number) - Abbreviated as: 76-0011617-001 - Administrator: The HP Retirement Service Center is the primary administrator for HP Inc U.S. pension and 401(k) accounts, including any accounts for companies that Hewlett-Packard acquired before Nov 1, 2015 (Compaq, DEC, EDS, etc.) Operated by Fidelity Investments. 1-800-457-4015 (If no password, keep hitting #.) (Outside US 1-508-787-9902 collect.) https://nb.fidelity.com (Don't go to a local Fidelity office.) - Previous administrator before Compaq was sold to HP -- Vanguard. - Be sure you have a valid beneficiary designation on file at Fidelity. - Benefits under 401(k) plans are not insured by the Pension Benefit Guaranty Corporation (PBGC.) - For details of the plan, see the last SEC report on the Compaq 401(k) Plan (from 2002, the year that Compaq was sold to HP.) Compaq 401(k) plan #002: - Name: "NetWorth Inc 401K Pension Plan" [Compaq acquired NetWorth Inc of Irving, TX in 1995.] - EIN: 76-0011617 Plan number: 002 ("EIN" = IRS Employer Identification Number) - Abbreviated as: 76-0011617-002 - Administrator: The HP Retirement Service Center is the primary administrator for HP Inc U.S. pension and 401(k) accounts, including any accounts for companies that Hewlett-Packard acquired before Nov 1, 2015 (Compaq, DEC, EDS, etc.) Operated by Fidelity Investments. 1-800-457-4015 (If no password, keep hitting #.) (Outside US 1-508-787-9902 collect.) https://nb.fidelity.com (Don't go to a local Fidelity office.) - Previous administrator before Compaq was sold to HP -- unknown. - Be sure you have a valid beneficiary designation on file at Fidelity. - Benefits under 401(k) plans are not insured by the Pension Benefit Guaranty Corporation (PBGC.) - Cannot find a Form 5500 report filed since January 1, 2010 on this plan. HP's purchase of Compaq was closed on May 3, 2002. Compaq shareholders received 0.6325 share of HPQ in exchange for each CPQ share -- 18% over market price. CPQ stock was retired. HWP stock symbol changed to HPQ. (Compaq had bought Tandem on Sep 2, 1997 and bought DEC on Jun 12, 1998.) HP Breakup. On Nov 1, 2015, the legal name of the Hewlett-Packard Company was changed to HP Inc. and a new, completely separate company – Hewlett Packard Enterprise (no hyphen; singular; green-rectangle logo) – was spun out. Portions of HPE were later spun out into DXC and Micro Focus: HP Breakup Which HP-related companies have me classified as a retiree or former employee? Due to acquisitions and spinoffs, this may not be obvious. Check here: Which Company Contacts at HP Inc. -- the successor company: HP contacts Make sure that the legal successor to every company you ever worked for has your current postal address. Even if not classified by the company as a "Retiree" or if long gone -- in case of pension plan changes, employment lawsuits, settlements, or other issues. Update address at former company Update and strengthen your LinkedIn profile. Even if not currently looking, you need a strong, credible profile on LinkedIn. Reconnect with people who know your work. Strengthen your profile to be found by recruiting bots. Your profile may have been automatically changed. Member advice: hpalumni.org/LinkedIn Stock: You may now have stock in HP, HPE, Agilent, Keysight, or DXC in various accounts -- and may have missed cash payouts (two for MFGP; one for PRSP.) How many shares of which companies should I have? How much cash should I have received? Stock Recovery Process Unofficial Stock Decoder tables for: Compaq DEC Tandem If you bought CPQ shares under the Compaq employee stock purchase plan, those shares were automatically converted to HPQ shares at the time of the merger. Unless you have sold or transferred them, the shares (and your corresponding new Hewlett Packard Enterprise and other spinoff shares) are being held by the last administrator of the plan, Morgan Stanley Smith Barney -- which is no longer being paid by the company for this work. Details and HPAA advice for former CPQ employee shareholders Morgan Stanley customers are getting different results from different divisions of the company -- depending on whether they were participants in the Compaq Employee Stock Purchase Plan or had transferred their HP stock to a personal account at Morgan Stanley's local-office-based retail brokerage division. Morgan Stanley issues reported by members Service at predecessor companies. Of HPInc's many predecessor companies, only HP and DEC ever had retiree healthcare programs. Only HP, DEC, and EDS ever had pension plans. Over the years, HP, DEC, and EDS set aside money in dedicated trust funds to pay for those programs. Therefore, employees of other acquisitions did not get credit under HP's retiree healthcare or pension programs for service at the predecessor -- but generally did get service credit for other benefits. Employment verification and experience letters for Hewlett-Packard, Hewlett Packard Enterprise, and related companies. Employment and Experience Verification Reconnect, celebrate the good times, and appreciate those who have passed. Leading Compaq- and HP-related Facebook groups: https://www.hpalumni.org/facebook Contacts for former HP and HPE employees: Contacts |
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