Hanes Supply, Inc. 401(K) Plan — Form 5500 plan (Hanes Supply, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Hanes Supply, Inc. 401(K) Plan is a benefit plan reported by Hanes Supply, Inc. under EIN 16-0808918 and plan number 003. The latest loaded filing year is 2023. The filing reports 219 participants and $16,376,753 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.4MPlan net assets, end of year$16,376,753
Participants219Covered participants reported
Assets / participant$74.8KComputed: assets ÷ participants$74,780 (computed)
Provider compensation$24K5 Schedule C provider row(s)$24,040
Plan sponsor
Hanes Supply, Inc.
EIN
16-0808918
Plan number
003
Plan type
2
Location
Buffalo, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023219H, C20240923051251NAL0020368306001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$16.4M total assets
Net assets$16.4MLiabilities$0
Money in vs. money out
Total income / additions$2.9M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$103.7K
Participant$683.4K
Full reported line items

Net assets

Total assets (EOY)
$16,376,753
Total liabilities (EOY)
$0
Net assets (EOY)
$16,376,753
Net assets (BOY)
$14,719,129

Income & contributions

Employer contributions
$103,705
Participant contributions
$683,400
Total contributions
$933,539
Total income / additions
$2,910,840

Expenses & distributions

Benefits paid
$1,169,558
Administrative expenses
$24,034
Total expenses
$1,253,216
Net increase / (decrease)
$1,657,624
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lawley Courier Advisors, LLCINVESTMENT/FINANCIAL ADVI$20,000$02023
Adp, Inc.RECORD KEEPER$4,033$02023
Td Ameritrade, Inc.SECURITES BROKER$7$02023
Adp Broker-DealerRECORD KEEPER$0$02023
Charles Schwab & Co, Inc.INVESTMENT MANAGER$0$02023

Related Form 5500 pages