Updated:
EDS Retirement Plan
The EDS Retirement Plan was established in 1983 to provide pension benefits for employees of Electronic Data Systems, the pioneering IT-services firm Ross...
EDS Retirement Plan
The EDS Retirement Plan was established in 1983 to provide pension benefits for employees of Electronic Data Systems, the pioneering IT-services firm Ross Perot built and later sold to General Motors in 1984. GM spun EDS off in 1996, and Hewlett-Packard acquired the company in 2008, freezing the plan to new participants and future pay-based accruals that same year. Today the plan continues to service a closed population of former EDS employees, with existing accounts earning interest credits until retirement. The plan's investment profile reflects a mature, frozen pension scheme in runoff rather than an active growth portfolio. Identifiable holdings include a direct UK commercial property asset in Crawley — consistent with the plan's administrative base — and a group annuity contract placed with Prudential/Empower in the United States, a common de-risking tool for legacy defined-benefit liabilities. The plan's administrative website, hosted on Fidelity's NetBenefits platform, suggests Fidelity serves as recordkeeper, though investment governance details are not public. The plan operates as a captive corporate pension vehicle under the HP Inc. umbrella, sharing administrative history with both HP Inc. and Hewlett Packard Enterprise following the 2015 HP split. Unlike active multi-employer or public pension systems, it has no disclosed internal investment team, no known direct co-investment program, and no publicly reported AUM figure — all hallmarks of a legacy defined-benefit book managed through institutional service providers rather than a dedicated internal asset-management function. The plan's structural distinction is its status as a frozen corporate legacy vehicle attached to a corporate genealogy spanning three of American technology's most consequential deals: the GM-EDS merger, the HP-EDS acquisition, and the HP-HPE separation. Its investment posture is preservation-oriented, consistent with a maturing participant base and annuity-based liability management, not a platform for new commitments.
General information
Firm type
Pension Fund
Year founded
1983
Location
Region
North America
Country
United Kingdom
City
Crawley
Corporate office
Crawley, TX, United Kingdom
Sector focus
Frequently asked questions
Who sponsor the EDS Retirement Plan today?
HP Inc. is the primary sponsor, having assumed responsibility for the plan when Hewlett-Packard acquired Electronic Data Systems in 2008. Following the 2015 split of HP into HP Inc. and Hewlett Packard Enterprise, the plan remained with HP Inc. Both entities share administrative history with the plan.
Is the EDS Retirement Plan still open to new participants?
No. The plan was frozen to new participants and future pay-based benefit accruals on December 31, 2008, concurrent with HP's acquisition of EDS. Existing participants' accounts continue to earn interest credits, and vested benefits remain payable at retirement.
What assets does the EDS Retirement Plan hold?
Publicly identifiable holdings include a commercial-property investment in Crawley, United Kingdom, and a group annuity contract with Prudential/Empower in the United States. The annuity is a common pension de-risking instrument, suggesting the plan has transferred some longevity and investment risk to an insurer.
Who manages the EDS Retirement Plan's investments?
No internal investment team or named investment principals are publicly disclosed. The plan's administrative site is hosted on Fidelity's NetBenefits platform, indicating Fidelity likely serves as recordkeeper. Investment governance is assumed to follow standard HP Inc. corporate-benefits committee oversight.
How does the EDS Retirement Plan relate to Ross Perot?
Ross Perot founded Electronic Data Systems in 1962, building it into one of the largest IT-services companies in the world. The retirement plan was created to serve EDS employees. Perot was no longer the controlling shareholder by the time HP acquired EDS in 2008; he had sold EDS to General Motors in 1984 and GM spun it off in 1996.
Does the EDS Retirement Plan make new investment commitments?
There is no public evidence of new alternative-asset commitments. As a frozen pension in runoff with a maturing participant base and an existing annuity contract, the plan's investment posture is expected to be preservation- and liability-driven rather than growth-oriented.
Where is the EDS Retirement Plan administered from?
The plan's registered address and its known direct real asset are both located in Crawley, United Kingdom. This is consistent with EDS's historical UK operations, though administrative functions may also involve US-based service providers given HP Inc.'s global footprint.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: