401(k) · DOL Form 5500 · 2024

Hire Right 401(k) Plan

Data updated 2026-08-11

$227M
Total assets
886
Participants
95th
Percentile by assets
$255,942
Avg per participant
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Official DOL plan name: Hireright 401(k) Plan · Sponsored by Hire Right · Tennessee · Administrative & Support Services

$227M in assets, 886 participants

Hire Right's Hireright 401(k) Plan reported $227M in total assets and 886 participants in its 2024 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 123,622 plans)
  • #4,251 in Administrative & Support Services (4,368 peers)

Where Hireright 401(k) Plan sits by assets

Hireright 401(k) Plan sits in the top 5% of all filed plans by assets, $227M for 886 participants (~$255,942/participant), up 7.7% in 2024.

$227M
total plan assets (2024 EOY)
886
covered participants
95th
percentile by assets (of 123,622 plans)
$255,942
avg assets per participant

Where Hireright 401(k) Plan sits by total assets

Hireright 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$226,764,379 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hireright 401(k) Plan reported net income fell from $27M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Hireright 401(k) Plan reported participants fell from 1,195 in the plan year 2023 filing to 886 in the plan year 2024 filing.
  • Hireright 401(k) Plan end-of-year assets rose from $211M in the plan year 2023 filing to $227M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Tennessee
Industry
Administrative & Support Services

Hireright 401(k) Plan vs the 2024 asset distribution

By assets, Hireright 401(k) Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$227M
Net Income$16M
Employer EIN815023164
Plan Effective Date1996-07-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Hire Right)

$160M$180M$200M$220M$240M 202220232024 $183M $227M ▲ +23.8%
Total plan assets by year, all Hire Right plans on file
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 Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Hireright 401(k) Plan, Total assets ($B): 0.226764379 · Participants: 886Hireright 401(k) PlanFedex Corporation Re…, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Re…Hca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corp…, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corp…International Paper …, Total assets ($B): 4.993858777 · Participants: 12564International Paper …Chs/Community Health…, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health…
Hireright 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Hireright 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hireright 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Hireright 401(k) Plan assets move in 2024? ▼
Hireright 401(k) Plan grew at a solid clip - up 7.7% during 2024, from $211M to $227M. Reported net income was $16M.
How have Hire Right plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hire Right's sponsor-wide assets grew 23.8%, from $183M to $227M.
Where does Hireright 401(k) Plan rank by assets among Form 5500 filers? ▼
Hireright 401(k) Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hireright 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Briggs & Stratton, LLC 401(k) Plan in WI ($227M, 3,904 participants).

Next read for Hireright 401(k) Plan

Scale reading

Ways to act on Hireright 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 815023164.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.