401(k) · DOL Form 5500 · 2023

Truhearing, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
320
Participants Below avg headcount
68th
Percentile by assets National rank
$50,022
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

$16M in assets, 320 participants

Truhearing, Inc.'s Truhearing 401(k) Plan reported $16M in total assets and 320 participants in its 2023 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.

  • #6,663 in Retail Trade (8,414 peers)

Truhearing, Inc. multi-year trail

Truhearing, Inc.'s plans moved +60.0% in assets from 2022 to 2024; this filing shows Truhearing 401(k) Plan at $16M / 320 participants.

#6,663
in Retail Trade (8,414 peers)
+35.0%
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 2023 · DOL Form 5500

$16,007,191 Top 32% higher than 68% of 127,068 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 2023

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

Plan-year 2023 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 (320 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Truhearing 401(k) Plan reported net income rose from $777K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Truhearing 401(k) Plan end-of-year assets rose from $12M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Truhearing 401(k) Plan reported participants rose from 295 in the plan year 2022 filing to 320 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 200415501 · Truhearing, Inc. PY 2023 · 401(k)

Truhearing 401(k) Plan · $16M · 320 · 68th

  • 5500 $16M
  • 5500 320
  • 5500 68th
  • 5500 401(k)
  • 5500 near Vividion 401(k) Plan
  • 5500 ind #6663

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$16MVividion 401(k) Plan$16MBread for the World, Inc. 401(k) PlanBread for the World, Inc. 40…$16MProliant, Inc. 401(k) Plan$16MLloyd Companies 401(k) Plan and TrustLloyd Companies 401(k) Plan …$16M
End-of-year total assets ($M) among Truhearing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Truhearing, Inc. multi-year asset trail

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

Truhearing, Inc. filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$16M
Net Income$4M
Employer EIN200415501
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

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. -200000200004000060000 -202468 Total assets ($B) Participants Truhearing 401(k) Plan, Total assets ($B): 0.016007191 · Participants: 320Truhearing 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv 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 Vividion 401(k) Plan in CA ($16M); by covered participants it is Loudpack Retirement Savings Plan 401(k) Plan & Trust in CA (320 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (320 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023?
Truhearing 401(k) Plan surged - up 35.0% during 2023, from $12M to $16M. Reported net income was $4M.
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 Vividion 401(k) Plan in CA ($16M, 181 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 Loudpack Retirement Savings Plan 401(k) Plan & Trust in CA (320 participants, $1M in assets).