401(k) · DOL Form 5500 · 2023
Hire Right 401(k) Plan
Data updated 2026-08-11
- $211M
- Total assets
- 1,195
- Participants
- 95th
- Percentile by assets
- $176,208
- Avg per participant
Official DOL plan name: Hireright 401(k) Plan · Sponsored by Hire Right · Tennessee · Administrative & Support Services
$211M in assets, 1,195 participants
Hire Right's Hireright 401(k) Plan reported $211M in total assets and 1,195 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 127,072 plans)
- #4,262 in Administrative & Support Services (4,372 peers)
Where Hireright 401(k) Plan sits by assets
Hireright 401(k) Plan sits in the top 5% of all filed plans by assets, $211M for 1,195 participants (~$176,208/participant), up 14.9% in 2023.
- $211M
- total plan assets (2023 EOY)
- 1,195
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $176,208
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hireright 401(k) Plan reported net income rose from -$53M in the plan year 2022 filing to $27M in the plan year 2023 filing.
- Hireright 401(k) Plan reported participants fell from 1,501 in the plan year 2022 filing to 1,195 in the plan year 2023 filing.
- Hireright 401(k) Plan end-of-year assets rose from $183M in the plan year 2022 filing to $211M in the plan year 2023 filing.
Hireright 401(k) Plan vs the 2023 asset distribution
By assets, Hireright 401(k) Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $183M |
|---|---|
| Net Assets (End of Year) | $211M |
| Net Income | $27M |
| Employer EIN | 815023164 |
| Plan Effective Date | 1996-07-07 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hire Right)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,501 | $183M |
| 2023 | 1 | 1,195 | $211M |
| 2024 | 1 | 886 | $227M |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Hireright 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
- Fedex Corporation Retirement Savings Plan $23.9B · 127,010
- Hca 401(k) Plan $21.5B · 291,649
- Federal Express Corporation Pilots Retirement Savings Plan $4.7B · 5,728
- International Paper Company Salaried Savings Plan $4.6B · 12,153
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.5B · 62,487
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hireright 401(k) Plan by total assets, not by location.
- The Leavitt Group Profit Sharing and Retirement Savings Employee Stock Ownership Plan (UT) $211M · 2,582
- Conagra Brands Retirement Income Savings Plan for Union Employees (IL) $211M · 8,291
- Hma Group Holdings, LLC 401(k) Plan (IA) $210M · 1,020
- Emergent Biosolutions, Inc. Employee Deferred Compensation Plan (MD) $211M · 1,902
Frequently Asked Questions
How did Hireright 401(k) Plan assets move in 2023? ▼
How have Hire Right plan assets changed over time? ▼
Where does Hireright 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Hireright 401(k) Plan? ▼
Next read for Hireright 401(k) Plan
Scale reading
Ways to act on Hireright 401(k) Plan's numbers.
- By total assets, Hireright 401(k) 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 Tennessee. Compare plans
- Hire Right's sponsor-wide assets have grown 23.8% since 2022 across 3 plan years on file. More Administrative & Support Services plans