The acquisition of EMC Corp., Hopkinton, Mass., by Dell Inc., Round Rock, Texas, could create a single technology company with a combined $9.1 billion in retirement assets.
Information was unavailable on how the companies' retirement programs would be affected by the deal, which is valued at about $67 billion. Dell was taken private in a $25 billion buyout by its founder Michael Dell and private equity firm Silver Lake Partners in 2013.
Dell had $4.59 billion its 401(k) plan as of Dec. 31, 2014, according to the company’s most recent Form 5500 filing.
EMC had $4.04 billion in its 401(k) plan as of Dec. 31, 2014, according to its most recent Form 5500 filing. As of the same date, EMC had $486 million in defined benefit assets, which it assumed in its 1999 acquisition of Data General, according to its most recent 10-K filing with the Securities and Exchange Commission.
Fidelity Investments is the record keeper for the Dell and EMC defined contribution plans.
Spokesmen for the two companies could not immediately be reached for additional information.