Defined Benefit (Pension) · DOL Form 5500 · 2023
Hanesbrands Inc. Pension Plan
Data updated 2026-08-06
- $765M
- Total assets
- 960
- Participants
- 98th
- Percentile by assets
- $796,962
- Avg per participant
Official DOL plan name: Hanesbrands Inc. Legacy Pension Plan · Sponsored by Hanesbrands Inc. · North Carolina · Wholesale Trade
$765M in assets, 960 participants
Hanesbrands Inc.'s Hanesbrands Inc. Legacy Pension Plan reported $765M in total assets and 960 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 126,618 plans)
- #6,220 in Wholesale Trade (6,291 peers)
Where Hanesbrands Inc. Legacy Pension Plan sits by assets
Hanesbrands Inc. Legacy Pension Plan sits in the top 5% of all filed plans by assets, $765M for 960 participants (~$796,962/participant), up 0.8% in 2023.
- $765M
- total plan assets (2023 EOY)
- 960
- covered participants
- 98th
- percentile by assets (of 126,618 plans)
- $796,962
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hanesbrands Inc. Legacy Pension Plan reported net income rose from -$47M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Hanesbrands Inc. Legacy Pension Plan reported participants fell from 1,294 in the plan year 2022 filing to 960 in the plan year 2023 filing.
- Hanesbrands Inc. Legacy Pension Plan end-of-year assets rose from $759M in the plan year 2022 filing to $765M in the plan year 2023 filing.
Hanesbrands Inc. Legacy Pension Plan vs the 2023 asset distribution
By assets, Hanesbrands Inc. Legacy Pension Plan outranks 98% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 7.7x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $759M |
|---|---|
| Net Assets (End of Year) | $763M |
| Net Income | $6M |
| Employer EIN | 203552316 |
| Plan Effective Date | 2022-12-01 |
| 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 Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Hanesbrands Inc. Legacy Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $16.6B · 11,145
- Truist Financial Corporation Pension Plan $14.6B · 45,818
- Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
- Duke Energy Legacy Pension Plan $3.4B · 371
- Employees' Retirement Plan of Duke University $2.6B · 21,020
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Hanesbrands Inc. Legacy Pension Plan by total assets, not by location.
- Revised Retirement Plan for Eligible Employees of the New York Stock Exchange & Subsidiary Companies (GA) $765M · 345
- Ufcw Union Local No. 655, Food Employer's Joint Pe (MO) $765M · 7,157
- The Goodyear Tire & Rubber Company Salaried Pension Plan (OH) $765M · 1,694
- Stanley Black & Decker Pension Plan (MD) $764M · 821
Frequently Asked Questions
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How have Hanesbrands Inc. plan assets changed over time? ▼
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Next read for Hanesbrands Inc. Legacy Pension Plan
Scale reading
Ways to act on Hanesbrands Inc. Legacy Pension Plan's numbers.
- By total assets, Hanesbrands Inc. Legacy Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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