Plan Ledger DOL Form 5500 · updated monthly

Hanes Companies, Inc. Corporate Human Resources401(k)

HANES COMPANIES, INC. RETIREMENT SAVINGS PLAN II · CARTHAGE, MO · plan year 2024

Reported admin expense ratio · 2024
0.14%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Hanes Companies, Inc. Corporate Human Resources reported $86,946 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $927 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 276th-largest of 1,393 plans among Missouri employers on file, and the 2,626th of 13,661 in manufacturing. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,529,538
Participants with balances877
Active participants741
Employer contributions$687,238
Employee contributions$2,527,829
Employer contribution per active participant$927
Average account balance$73,580
Benefits paid to participants$9,353,308
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$64.5M · 877 accts · $687K emplr
2023$61.7M · 907 accts · $640K emplr
2022$56.0M · 901 accts · $669K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,329
Investment management$7,430
Audit (IQPA)$16,167
Total administrative$86,946
The Hanes Companies, Inc. Corporate Human Resources 401(k) match · 2024
Employer contribution per active participant$927
Median for plans this size$3,635
2024$927 per active participant
2023$868 per active participant
2022$920 per active participant

Hanes Companies, Inc. Corporate Human Resources's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$63,329
FORVIS MAZARS, LLP · Accounting / audit$16,167
RESOURCES INVESTMENT ADVISORS LLC · Investment advisory (plan)$7,430

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Principal
2023Principal

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Administrative cost history4
2025Not separately reported
2024$86,946 · 0.14%
2023$81,956 · 0.14%
2022$75,063 · 0.12%
Same employer
Similar plansManufacturing · Missouri
Paul Mueller Company MO$69.8M · 0.18%
Buckeye International, Inc. MO$64.8M · 0.15%
Beltservice Corporation MO$64.0M · 0.04%
Labconco Corporation MO$61.9M · 0.10%
Bellring Brands, Inc. MO$60.4M · 0.06%
Metal Exchange, LLC MO$59.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561542277 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.