# Hibbett, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hibbett-inc-401k-plan

> Hibbett, INC.'s 401(k) plan: 24,562 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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