401(k) · DOL Form 5500 · 2024
Hanesbrands Inc. 401(k) Plan
Data updated 2026-08-11
- $660M
- Total assets
- 5,206
- Participants
- 98th
- Percentile by assets
- $126,765
- Avg per participant
Official DOL plan name: Hanesbrands Inc. Retirement Savings Plan · Sponsored by Hanesbrands Inc. · North Carolina · Wholesale Trade
$660M in assets, 5,206 participants
Hanesbrands Inc.'s Hanesbrands Inc. Retirement Savings Plan reported $660M in total assets and 5,206 participants in its 2024 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 123,622 plans)
- #5,995 in Wholesale Trade (6,080 peers)
Coverage in North Carolina
Hanesbrands Inc. Retirement Savings Plan covers 5,206 participants in North Carolina, 6.4x the typical North Carolina plan (state average ~819 per filing). Assets: $660M.
- $660M
- total plan assets (2024 EOY)
- 5,206
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $126,765
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Hanesbrands Inc. Retirement Savings Plan reported net income fell from $9M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
- Hanesbrands Inc. Retirement Savings Plan reported participants fell from 6,318 in the plan year 2023 filing to 5,206 in the plan year 2024 filing.
- Hanesbrands Inc. Retirement Savings Plan end-of-year assets fell from $665M in the plan year 2023 filing to $660M in the plan year 2024 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 5,206 participants - 6.4x that state average ($660M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $665M |
|---|---|
| Net Assets (End of Year) | $660M |
| Net Income | -$5M |
| 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 $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Scale composition for Hanesbrands Inc. Retirement Savings Plan
Hanesbrands Inc. Retirement Savings Plan reports $660M in end-of-year assets across 5,206 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $126,765 per participant (92% of the national average assets-per-participant) . Net income for plan year 2024 was -$5M.
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 | Open filing |
| 2024 · index core | 5,206 | $660M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Hanesbrands Inc. Legacy Pension Plan (Defined Benefit (Pension), $765M, 960 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.
- The Cengage Learning, Inc. 401(k) Savings Plan (KY) $660M · 3,420
- Sargento Profit Sharing and Retirement Plan (WI) $660M · 2,467
- Meijer 401(k) Retirement Plan II (MI) $660M · 41,621
- Virtu Financial LLC 401(k) Plan (NY) $660M · 656
Frequently Asked Questions
How did Hanesbrands Inc. Retirement Savings Plan assets move in 2024? ▼
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