ESOP · DOL Form 5500 · 2023

Starkey Hearing Technologies ESOP

Data updated 2026-08-11

$12M
Total assets
807
Participants
63rd
Percentile by assets
$15,173
Avg per participant
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Official DOL plan name: Starkey Laboratories, Inc. Employee Stock Ownership Plan · Sponsored by Starkey Hearing Technologies · Minnesota · Manufacturing

$12M in assets, 807 participants

Starkey Hearing Technologies's Starkey Laboratories, Inc. Employee Stock Ownership Plan reported $12M in total assets and 807 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #9,403 in Manufacturing (18,722 peers)

Starkey Hearing Technologies multi-year trail

Starkey Hearing Technologies's plans moved +24.7% in assets from 2022 to 2024; this filing shows Starkey Laboratories, Inc. Employee Stock Ownership Plan at $12M / 807 participants.

$12M
total plan assets (2023 EOY)
807
covered participants
63rd
percentile by assets (of 127,072 plans)
$15,173
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Starkey Laboratories, Inc. Employee Stock Ownership Plan sits by total assets

Starkey Laboratories, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,244,941 Top 37% higher than 63% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Starkey Laboratories, Inc. Employee Stock Ownership Plan reported net income rose from -$22M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Starkey Laboratories, Inc. Employee Stock Ownership Plan end-of-year assets fell from $14M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Starkey Laboratories, Inc. Employee Stock Ownership Plan reported participants fell from 890 in the plan year 2022 filing to 807 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Manufacturing

Starkey Hearing Technologies across 3 plan years on file

Across the 3 plan years Starkey Hearing Technologies has on file (2022-2024), sponsor-wide plan assets have moved from $241M to $301M, a gain of 24.7%, while reported participants moved from 2,416 to 1,486 (-38.5%). Peak year by sponsor assets: 2024 ($301M); trough: 2022 ($241M).

Starkey Hearing Technologies multi-year asset trail

$220M$240M$260M$280M$300M$320M 202220232024 $241M $301M ▲ +24.7%
Total plan assets by year, all Starkey Hearing Technologies plans on file
Year Plans Participants Total Assets
2022 2 2,416 $241M
2023 2 2,390 $279M
2024 1 1,486 $301M

Starkey Hearing Technologies filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN410913126
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Starkey Laboratories, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Starkey Laboratories…, Total assets ($M): 12.244941 · Participants: 807Starkey Laboratories…Andersen Corporation…, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation…Kingdom Enterprises,…, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises,…Landscape Structures…, Total assets ($M): 432.374379 · Participants: 446Landscape Structures…Hormel Foods Corpora…, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corpora…Force America Inc. E…, Total assets ($M): 426.610266 · Participants: 412Force America Inc. E…
Starkey Laboratories, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Starkey Laboratories, Inc. Employee Stoc… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Starkey Laboratories, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Starkey Laboratories, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Starkey Laboratories, Inc. Employee Stock Ownership Plan pulled back noticeably - down 14.9% during 2023, from $14M to $12M. Reported net income was -$2M.
How have Starkey Hearing Technologies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Starkey Hearing Technologies's sponsor-wide assets grew 24.7%, from $241M to $301M.
Which ESOP plans are similar in size to Starkey Laboratories, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Tharanco Group, Inc. Employee Stock Ownership Plan in NY ($12M, 128 participants).

Next read for Starkey Laboratories, Inc. Employee Stoc…

Multi-year trail

Ways to act on Starkey Laboratories, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Starkey Laboratories, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Starkey Hearing Technologies's sponsor-wide assets have grown 24.7% since 2022 across 3 plan years on file. More Manufacturing plans

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 410913126.

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.