401(k) · DOL Form 5500 · 2022

Truhearing, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
295
Participants Below avg headcount
68th
Percentile by assets National rank
$40,198
Avg per participant Low balance/head
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Official DOL plan name: Truhearing 401(k) Plan · Sponsored by Truhearing, Inc. · Utah · Retail Trade

$12M in assets, 295 participants

Truhearing, Inc.'s Truhearing 401(k) Plan reported $12M in total assets and 295 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,507 in Retail Trade (9,519 peers)

Coverage in Utah

Truhearing 401(k) Plan covers 295 participants in Utah, about 50% of the average Utah filer (state average ~592 per filing). Assets: $12M.

#7,507
in Retail Trade (9,519 peers)
+7.0%
assets growth YoY

Truhearing 401(k) Plan's outsized position by total assets

Truhearing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,858,486 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Truhearing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Truhearing 401(k) Plan sits mid-pack in the medium band (295 participants).

Plan-year Form 5500 strip

Filing strip 200415501 · Truhearing, Inc. PY 2022 · 401(k)

Truhearing 401(k) Plan · $12M · 295 · 68th

  • EIN $12M
  • RANK 295
  • PHOTO 68th
  • IND 401(k)
  • EOY near Lanehart Electrical Contractors, LLC 401(k) Profit Sharing Plan
  • 5500 ind #7507

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Utah →

Truhearing 401(k) Plan in the asset neighbourhood

Truhearing 401(k) Plan$12MLanehart Electrical Contractors, LLC 401(k) Profit Sharing PlanLanehart Electrical Contract…$12MFox Skin & Allergy Associates Money Purchase Keogh PlanFox Skin & Allergy Associate…$12MDakota Provisions, LLC 401(k) PlanDakota Provisions, LLC 401(k…$12MDrum Workshop, Inc. 401(k) Profit Sharing PlanDrum Workshop, Inc. 401(k) P…$12M
End-of-year total assets ($M) among Truhearing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$777K
Employer EIN200415501
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Truhearing, Inc.)

Sponsor-wide plan assets over time

All Truhearing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 59.95493859840118% vs 2022
2024 filing year
$10M$15M$20M 202220232024 $11.9M $19M ▲ +59.9%
Year Plans Participants Total Assets
2022 1 295 $12M
2023 1 320 $16M
2024 1 366 $19M

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Truhearing 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Truhearing 401(k) Plan, Total assets ($B): 0.011858486 · Participants: 295Truhearing 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
Truhearing 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Truhearing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Lanehart Electrical Contractors, LLC 401(k) Profit Sharing Plan in TX ($12M); by covered participants it is Dorner Mfg. Corp. Profit Sharing and Incentive Savings Plan in WI (295 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (295 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Truhearing 401(k) Plan assets move in 2022?
Truhearing 401(k) Plan grew at a solid clip - up 7.0% during 2022, from $11M to $12M. Reported net income was $777K.
How have Truhearing, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Truhearing, Inc.'s sponsor-wide assets grew 60.0%, from $12M to $19M.
Which 401(k) plans are similar in size to Truhearing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Lanehart Electrical Contractors, LLC 401(k) Profit Sharing Plan in TX ($12M, 595 participants).
Which 401(k) plans cover a similar participant headcount to Truhearing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dorner Mfg. Corp. Profit Sharing and Incentive Savings Plan in WI (295 participants, N/A in assets).