Plan Snapshot
- Plan Sponsor: Hibbett, INC.
- Sponsor EIN: 208159608
- Sponsor Address: 2700 MILAN COURT, BIRMINGHAM, AL, 35211
- Plan Type: 401(k)
- Total Participants: 24,562
- Total Assets: $59.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 24,562 | $59.0M | $2.3M | $4.0M |
| 2023 | 13,257 | $50.9M | $2.0M | $3.5M |
| 2022 | 5,044 | $43.9M | $2.2M | $3.6M |
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 |
|---|---|---|---|---|
| CAR, RIGGS, & INGRAM, L.L.C. | Auditor | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,000
- Estimated Expense Ratio: 0.042% 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 |
|---|---|---|---|---|---|
| 2024 | $213,383 | $40,836 | — | $25,000 | — |
| 2023 | $201,160 | $38,835 | — | $22,500 | — |
| 2022 | $209,487 | $41,095 | — | — | $17,000 |