401(k) · DOL Form 5500 · 2023

Northland Hearing Centers, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
719
Participants Below avg headcount
75th
Percentile by assets National rank
$32,311
Avg per participant Low balance/head
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Official DOL plan name: Northland Hearing Centers, Inc. Employee Retirement Plan · Sponsored by Northland Hearing Centers, Inc. · Minnesota · Retail Trade

$23M in assets, 719 participants

Northland Hearing Centers, Inc.'s Northland Hearing Centers, Inc. Employee Retirement Plan reported $23M in total assets and 719 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #7,118 in Retail Trade (8,414 peers)

Where Northland Hearing Centers, Inc. Employee Retirement Plan sits by assets

Northland Hearing Centers, Inc. Employee Retirement Plan sits in the top quartile of all filed plans by assets, $23M for 719 participants (~$32,311/participant), up 29.2% in 2023.

#7,118
in Retail Trade (8,414 peers)
+29.2%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Northland Hearing Centers, Inc. Employee Retirement Plan's outsized position by total assets

Northland Hearing Centers, Inc. Employee Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$23,231,686 Top 25% higher than 75% 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

Northland Hearing Centers, Inc. Employee Retirement 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. Northland Hearing Centers, Inc. Employee Retirement Plan sits mid-pack in the medium band (719 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northland Hearing Centers, Inc. Employee Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Northland Hearing Centers, Inc. Employee Retirement Plan end-of-year assets rose from $18M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Northland Hearing Centers, Inc. Employee Retirement Plan reported participants rose from 686 in the plan year 2022 filing to 719 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 204914238 · Northland Hearing Centers, Inc. PY 2023 · 401(k)

Northland Hearing Centers, Inc. Employee Retirement Plan · $23M · 719 · 75th

  • IND $23M
  • EOY 719
  • 5500 75th
  • ASSETS 401(k)
  • PCT near Vlk Architects, Inc. 401(k) Plan
  • EIN ind #7118

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 Minnesota →

Northland Hearing Centers, Inc. Employee Retirement Plan in the asset neighbourhood

Northland Hearing Centers, Inc. Employee Retirement PlanNorthland Hearing Centers, I…$23MVlk Architects, Inc. 401(k) PlanVlk Architects, Inc. 401(k) …$23MLnwm Retirement Plan$23MAshley Furniture Homestore 401(k) PlanAshley Furniture Homestore 4…$23MPark Bank 401(k) Plan$23M
End-of-year total assets ($M) among Northland Hearing Centers, Inc. Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$5M
Employer EIN204914238
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northland Hearing Centers, Inc.)

Sponsor-wide plan assets over time

All Northland Hearing Centers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 54.20980947499457% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18M $27.7M ▲ +54.2%
Year Plans Participants Total Assets
2022 1 686 $18M
2023 1 719 $23M
2024 1 724 $28M

Nearby 401(k) Plans in Minnesota

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

Northland Hearing Centers, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Northland Hearing Centers, Inc. Employee Retirement Plan, Total assets ($B): 0.023231686 · Participants: 719Northland Hearing Centers, Inc. Employee Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Northland Hearing Centers, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Northland Hearing Centers, Inc. Employee Retirement Plan side-by-side with 3 peers →

Northland Hearing Centers, Inc. Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Vlk Architects, Inc. 401(k) Plan in TX ($23M); by covered participants it is Direct Chassislink, Inc. 401(k) Savings Plan in NC (719 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (719 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 Northland Hearing Centers, Inc. Employee Retirement Plan assets move in 2023? ▼
Northland Hearing Centers, Inc. Employee Retirement Plan grew sharply - up 29.2% during 2023, from $18M to $23M. Reported net income was $5M.
How have Northland Hearing Centers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northland Hearing Centers, Inc.'s sponsor-wide assets grew 54.2%, from $18M to $28M.
Where does Northland Hearing Centers, Inc. Employee Retirement Plan rank by assets among Form 5500 filers? ▼
Northland Hearing Centers, Inc. Employee Retirement Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Northland Hearing Centers, Inc. Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vlk Architects, Inc. 401(k) Plan in TX ($23M, 197 participants).
Which 401(k) plans cover a similar participant headcount to Northland Hearing Centers, Inc. Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Direct Chassislink, Inc. 401(k) Savings Plan in NC (719 participants, $38M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 204914238.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.