Employers › Hibbett
Recordkeeping fees per participant · Hibbett, Inc. 401(k) Profit Sharing Plan · plan year 2024
$124.83
Higher than 84% of the 5,847 plans $50 to 250M that report it.
= $147,547 / 1,182
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015215620NAL0005658193002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015215620NAL0005658193002, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-15.
Administrative expenses excluding investment management, per participant
$145.98
Higher than 74% of the 8,758 plans $50 to 250M that report it.
= $172,547 / 1,182
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015215620NAL0005658193002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015215620NAL0005658193002, received 2025-10-15
Administrative expenses per participant
$180.53
Higher than 66% of the 9,042 plans $50 to 250M that report it.
= $213,383 / 1,182
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015215620NAL0005658193002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015215620NAL0005658193002, received 2025-10-15
Administrative expenses as a share of assets
0.362%
Higher than 92% of the 9,049 plans $50 to 250M that report it.
= $213,383 / $59,020,914
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015215620NAL0005658193002, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015215620NAL0005658193002, received 2025-10-15
Employer contributions per participant
$1,916
Higher than 31% of the 9,105 plans $50 to 250M that report it.
= $2,264,599 / 1,182
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015215620NAL0005658193002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015215620NAL0005658193002, received 2025-10-15
Employer share of total contributions
33.4%
Higher than 62% of the 9,112 plans $50 to 250M that report it.
= $2,264,599 / $6,780,788
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015215620NAL0005658193002, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015215620NAL0005658193002, received 2025-10-15
Employer match
“For Fiscal 2024, Fiscal 2023 and Fiscal 2022, we matched 100% of the first 3% of eligible compensation and 50% of the next 3% of eligible compensation for a total possible match of 4.5% of the first 6% of eligible compensation.”
Form 10-K filed 2024-03-25, for the year ended 2024-02-03 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2024-02-03. Figures cover plan year 2024. The plan document governs.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015215620NAL0005658193002, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | HIBBETT, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Plan name | HIBBETT, INC. 401(K) PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Sponsor EIN / plan number | 20-8159608 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Sponsor location | BIRMINGHAM, AL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Industry (business code) | 451110, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Participants, beginning of year | 13,589 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Active participants | 24,562 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Participants, end of year | 24,879 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Participants with an account balance | 1,182 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Total assets, beginning of year | $50,918,203 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Total assets, end of year | $59,020,914 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Net assets, end of year | $59,020,914 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Total income | $13,870,205 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Net income | $8,102,711 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Employer contributions | $2,264,599 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Participant contributions | $3,994,686 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Other contributions (incl. rollovers) | $521,503 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Total contributions | $6,780,788 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Benefit payments | $5,554,111 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $5,767,494 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Total administrative expenses | $213,383 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Recordkeeping fees | $147,547 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| IQPA audit fees | $25,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Investment advisory and management fees | $40,836 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Administrative expenses excluding investment management | $172,547 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Held in mutual funds | $57,266,689 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015215620NAL0005658193002, received 2025-10-15 |
| Independent auditor | CAR, RIGGS, & INGRAM, L.L.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015215620NAL0005658193002, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015215620NAL0005658193002, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeper | RECORD KEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $147,508 | yes |
| SAGEVIEW ADVISORY GROUP | CONSULTANT | 16 Consulting (general); 50 Direct payment from the plan | $40,836 | no |
| ERNST & YOUNG LLP | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $25,000 | no |
| NATIONAL FINANCIAL SERVICES | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $0 | yes |
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 20251015215620NAL0005658193002, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $50,918,203 | $59,020,914 | 15.9% |
| Participants with a balance | 1,066 | 1,182 | 10.9% |
| Administrative expenses | $201,160 | $213,383 | 6.1% |
| Recordkeeping fees per participant | $131.17 | $124.83 | -4.8% |
| Employer contributions | $2,023,005 | $2,264,599 | 11.9% |
Prior filing 20240730073156NAL0011623587001, received 2024-07-30; the plan years are contiguous.
Sponsor name as filed: HIBBETT, INC.; SEC registrant: HIBBETT INC (CIK 1017480, matched by EIN; display name from the Form 10-K cover).