Plan Snapshot
- Plan Sponsor: Hanes Companies, INC. Corporate Human Resources
- Sponsor EIN: 561542277
- Sponsor Address: NO. 1 LEGGETT ROAD, CARTHAGE, MO, 648360757
- Plan Type: DB
- Plan Number: 001
- Total Participants: 170
- Total Assets: $54.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 170 | $54.2M | $0 | $0 |
| 2022 | 192 | $49.1M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WILLIS TOWERS WATSON | Other Service Provider | $75,758 | — | $75,758 |
| FORVIS MAZARS, LLP | Other Service Provider | $14,586 | — | $14,586 |
| PRINCIPAL TRUST COMPANY | Recordkeeper | $11,197 | — | $11,197 |
| RESOURCES INVESTMENT ADVISORS, LLC | Recordkeeper | $7,866 | — | $7,866 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRINCIPAL TRUST COMPANY — Recordkeeper
- RESOURCES INVESTMENT ADVISORS, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,407
- Estimated Expense Ratio: 0.202% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $556,569 | $8,472 | — | $14,586 | — |
| 2022 | $366,874 | $4,938 | $8,734 | — | $106,306 |