Fidelity Investments has become the sole provider of retirement services for Hanesbrands, maker of bras, T-shirts and other underwear.
Fidelity is now responsible for Hanesbrands' 401(k) and employee stock plan services for a total of approximately 12,000 eligible company employees. Retirement assets for the company total $700 million.
Expenses for Hanesbrands' plans totaled nearly $23 million in 2014, according to the company's annual report.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.