401(k) · DOL Form 5500 · 2023

Gn Hearing Care Corporation 401(k) Plan

Data updated 2026-08-11

$169M
Total assets
1,049
Participants
94th
Percentile by assets
$161,372
Avg per participant
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Official DOL plan name: Gn Retirement Savings Plan · Sponsored by Gn Hearing Care Corporation · Minnesota · Healthcare & Social Assistance

$169M in assets, 1,049 participants

Gn Hearing Care Corporation's Gn Retirement Savings Plan reported $169M in total assets and 1,049 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #16,762 in Healthcare & Social Assistance (17,684 peers)

Where Gn Retirement Savings Plan sits by assets

Gn Retirement Savings Plan sits in the top 10% of all filed plans by assets, $169M for 1,049 participants (~$161,372/participant), up 23.3% in 2023.

$169M
total plan assets (2023 EOY)
1,049
covered participants
94th
percentile by assets (of 127,072 plans)
$161,372
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gn Retirement Savings Plan reported net income rose from -$24M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Gn Retirement Savings Plan end-of-year assets rose from $137M in the plan year 2022 filing to $169M in the plan year 2023 filing.
  • Gn Retirement Savings Plan reported participants fell from 1,130 in the plan year 2022 filing to 1,049 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Gn Retirement Savings Plan vs the 2023 asset distribution

By assets, Gn Retirement Savings Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$169M
Net Income$30M
Employer EIN770019588
Plan Effective Date1989-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gn Hearing Care Corporation)

$140M$160M$180M$200M$220M 202220232024 $154M $200M ▲ +29.9%
Total plan assets by year, all Gn Hearing Care Corporation plans on file
Year Plans Participants Total Assets
2022 2 1,159 $154M
2023 2 1,075 $175M
2024 1 1,136 $200M

Nearby 401(k) Plans in Minnesota

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

Gn Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Gn Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Gn Retirement Saving…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Gn Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gn Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Gn Retirement Savings Plan assets move in 2023?
Gn Retirement Savings Plan grew sharply - up 23.3% during 2023, from $137M to $169M. Reported net income was $30M.
How have Gn Hearing Care Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Gn Hearing Care Corporation's sponsor-wide assets grew 29.9%, from $154M to $200M.
Where does Gn Retirement Savings Plan rank by assets among Form 5500 filers?
Gn Retirement Savings Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Gn Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Astronautics Corporation of America and Kearfott Corporation Deferred Savings and Profit Sharing Plan in WI ($169M, 934 participants).

Scale reading

Ways to act on Gn Retirement Savings Plan's numbers.