401(k) · DOL Form 5500 · 2023
Hanesbrands Inc. 401(k) Plan
Data updated 2026-08-11
- $665M
- Total assets
- 6,318
- Participants
- 98th
- Percentile by assets
- $105,233
- Avg per participant
Official DOL plan name: Hanesbrands Inc. Retirement Savings Plan · Sponsored by Hanesbrands Inc. · North Carolina · Wholesale Trade
$665M in assets, 6,318 participants
Hanesbrands Inc.'s Hanesbrands Inc. Retirement Savings Plan reported $665M in total assets and 6,318 participants in its 2023 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 98th percentile by assets (of 127,072 plans)
- #6,228 in Wholesale Trade (6,309 peers)
Coverage in North Carolina
Hanesbrands Inc. Retirement Savings Plan covers 6,318 participants in North Carolina, 7.7x the typical North Carolina plan (state average ~819 per filing). Assets: $665M.
- $665M
- total plan assets (2023 EOY)
- 6,318
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $105,233
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hanesbrands Inc. Retirement Savings Plan reported net income rose from -$205M in the plan year 2022 filing to $9M in the plan year 2023 filing.
- Hanesbrands Inc. Retirement Savings Plan end-of-year assets rose from $642M in the plan year 2022 filing to $665M in the plan year 2023 filing.
- Hanesbrands Inc. Retirement Savings Plan reported participants fell from 6,504 in the plan year 2022 filing to 6,318 in the plan year 2023 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Hanesbrands Inc. Retirement Savings Plan reports 6,318 participants - 7.7x that state average ($665M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $642M |
|---|---|
| Net Assets (End of Year) | $665M |
| Net Income | $9M |
| Employer EIN | 203552316 |
| Plan Effective Date | 2006-07-24 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hanesbrands Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 7,798 | $1.4B |
| 2023 | 3 | 7,278 | $1.4B |
| 2024 | 1 | 5,206 | $660M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Hanesbrands Inc. Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Scale composition for Hanesbrands Inc. Retirement Savings Plan
Hanesbrands Inc. Retirement Savings Plan reports $665M in end-of-year assets across 6,318 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $105,233 per participant (76% of the national average assets-per-participant) . Net income for plan year 2023 was $9M.
This plan identity (EIN 203552316, plan #401) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $642M to $660M (+2.7%) while covered participants moved from 6,504 to 5,206 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,504 | $642M | Open filing |
| 2023 | 6,318 | $665M | This page |
| 2024 · index core | 5,206 | $660M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Hanesbrands Inc. Legacy Pension Plan (Defined Benefit (Pension), $765M, 960 participants)
- Hanesbrands Inc. Retirement Savings Plan (401(k), $660M, 5,206 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hanesbrands Inc. Retirement Savings Plan by total assets, not by location.
- Uc Health 401(k) Retirement Savings Plan (OH) $665M · 9,699
- Alaska Airlines, Inc. Alaskasaver Plan (WA) $664M · 2,748
- Janney Montgomery Scott LLC Profit Sharing and Savings Plan (PA) $664M · 2,282
- Heritage Group Retirement Savings Plan (IN) $665M · 3,568
Frequently Asked Questions
How did Hanesbrands Inc. Retirement Savings Plan assets move in 2023? ▼
How have Hanesbrands Inc. plan assets changed over time? ▼
Where does Hanesbrands Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Hanesbrands Inc. Retirement Savings Plan
Filing takeaways
Ways to act on Hanesbrands Inc. Retirement Savings Plan's numbers.
- By total assets, Hanesbrands Inc. Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Hanesbrands Inc.'s sponsor-wide assets have declined 53.1% since 2022 across 3 plan years on file. More Wholesale Trade plans