Red Hat, Inc. 401(k) Plan: Login, Facts & Contact Information

Red Hat, Inc. 401(k) Plan Facts

Plan name
RED HAT, INC. 401(K) AND PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RED HAT, INC.
Participants
10,074 (7,529 active employees)
Former employees with a balance
2,519
Plan assets
$1,941,690,357 at Dec 31, 2024
Average account balance
$207,645 across 9,351 accounts
Employer contributions
$38,093,783 in plan year 2024 (20% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1998
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $186.7 million went into the plan in contributions, $38.1 million of it from the employer (20%).
  • $124.7 million was paid out to participants.
  • Investment and other income added $297.2 million.

How the Red Hat, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20196,617$820.0 million$24.8 million$49.5 million
20207,574$1.12 billion$28.3 million$51.8 million
20218,440$1.42 billion$33.2 million$72.9 million
20229,830$1.22 billion$36.3 million$89.4 million
202310,377$1.58 billion$38.4 million$103.2 million
202410,074$1.94 billion$38.1 million$124.7 million

Red Hat, Inc. 401(k) Contact Information

Phone
919-754-4363
Mailing address
100 EAST DAVIE ST, RALEIGH NC 27601
Plan sponsor
RED HAT, INC.
Employer identification number (EIN)
06-1364380
Plan number
001

Questions about the Red Hat, Inc. 401(k)

Does Red Hat, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $38.1 million, 20% of all contributions.

Does the Red Hat, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Red Hat, Inc 401(k) plan?

10,074 participants at the start of plan year 2024, 7,529 of them active employees, and 2,519 former employees who still had money in the plan.

What is the average 401(k) balance at Red Hat, Inc?

About $207,645 per account: $1.94 billion in plan assets across 9,351 accounts with a balance at the end of plan year 2024.

Who manages the Red Hat, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Red Hat, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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