Employers › Hanesbrands
Recordkeeping fees per participant · Hanesbrands Inc. Retirement Savings Plan · plan year 2024
$79.11
Higher than 85% of the 1,697 plans $250M to 1B that report it.
= $602,041 / 7,610
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250623143235NAL0015674162001, received 2025-06-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250623143235NAL0015674162001, received 2025-06-23
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-23.
Administrative expenses excluding investment management, per participant
$94.56
Higher than 73% of the 2,324 plans $250M to 1B that report it.
= $719,592 / 7,610
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250623143235NAL0015674162001, received 2025-06-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250623143235NAL0015674162001, received 2025-06-23
Administrative expenses per participant
$99.27
Higher than 58% of the 2,405 plans $250M to 1B that report it.
= $755,416 / 7,610
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250623143235NAL0015674162001, received 2025-06-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250623143235NAL0015674162001, received 2025-06-23
Administrative expenses as a share of assets
0.114%
Higher than 72% of the 2,407 plans $250M to 1B that report it.
= $755,416 / $659,939,652
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250623143235NAL0015674162001, received 2025-06-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250623143235NAL0015674162001, received 2025-06-23
Employer contributions per participant
$1,297
Higher than 13% of the 2,457 plans $250M to 1B that report it.
= $9,872,943 / 7,610
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250623143235NAL0015674162001, received 2025-06-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250623143235NAL0015674162001, received 2025-06-23
Employer share of total contributions
33.5%
Higher than 58% of the 2,459 plans $250M to 1B that report it.
= $9,872,943 / $29,449,483
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250623143235NAL0015674162001, received 2025-06-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250623143235NAL0015674162001, received 2025-06-23
Plan terms are described in Hanesbrands Inc.'s SEC filings: Form 11-K filed 2025-06-18 and Form 10-K filed 2025-02-14. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2J 401(k) feature · 2K 401(m) arrangement · 2G fully participant-directed · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2O ESOP-related feature · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250623143235NAL0015674162001, received 2025-06-23
| Field | Value | Source |
|---|---|---|
| Plan sponsor | HANESBRANDS INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Plan name | HANESBRANDS INC. RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Sponsor EIN / plan number | 20-3552316 / 401 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Sponsor location | WINSTON-SALEM, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Industry (business code) | 424300, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Filing received | 2025-06-23 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Participants, beginning of year | 9,153 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Active participants | 2,562 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Participants, end of year | 7,819 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Participants with an account balance | 7,610 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Total assets, beginning of year | $664,864,072 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Total assets, end of year | $659,939,652 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Net assets, end of year | $659,768,312 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Total income | $108,795,740 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Net income | $-4,840,877 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Employer contributions | $9,872,943 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Participant contributions | $19,576,540 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Total contributions | $29,449,483 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Benefit payments | $112,881,201 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Total expenses (incl. benefit payments) | $113,636,617 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Total administrative expenses | $755,416 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Recordkeeping fees | $602,041 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| IQPA audit fees | $87,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Investment advisory and management fees | $35,824 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Administrative expenses excluding investment management | $719,592 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Held in common/collective trusts | $601,455,147 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Held in mutual funds | $34,063,048 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250623143235NAL0015674162001, received 2025-06-23 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250623143235NAL0015674162001, received 2025-06-23 |
Position = column in the DOL layout for form year 2024. Filing 20250623143235NAL0015674162001, received 2025-06-23.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INV INST OPSrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $602,041 | no |
| MCMERMOTT, WILL & EMERY LLP | LEGAL | 29 Legal; 50 Direct payment from the plan | $208,694 | no |
| FORVIS MAZARZ, LLP | AUDIT | 10 Accounting (including auditing); 50 Direct payment from the plan | $87,000 | no |
| FIDUCIARY COUNSELORS | INV. ADVISORY | 27 Investment advisory (plan); 50 Direct payment from the plan | $35,824 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250623143235NAL0015674162001, received 2025-06-23.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $664,864,072 | $659,939,652 | -0.7% |
| Participants with a balance | 8,468 | 7,610 | -10.1% |
| Administrative expenses | $620,157 | $755,416 | 21.8% |
| Recordkeeping fees per participant | $49.09 | $79.11 | 61.1% |
| Employer contributions | $9,930,064 | $9,872,943 | -0.6% |
Prior filing 20240903135642NAL0018557297001, received 2024-09-03; the plan years are contiguous.
Sponsor name as filed: HANESBRANDS INC.; SEC registrant: Hanesbrands Inc. (CIK 1359841, matched by EIN; display name from the Form 11-K cover).