401(k) · DOL Form 5500 · 2023

Starkey Laboratories, Inc. 401(k) Plan

Data updated 2026-08-11

$267M
Total assets: 1,583
Participants: 96th
Percentile by assets: $168,558
Avg per participant

Official DOL plan name: Starkey Laboratories, Inc. Employee Retirement Plan · Sponsored by Starkey Laboratories, Inc. · Minnesota · Manufacturing

$267M in assets, 1,583 participants

Starkey Laboratories, Inc.'s Starkey Laboratories, Inc. Employee Retirement Plan reported $267M in total assets and 1,583 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#17,468 in Manufacturing (18,722 peers)

Where Starkey Laboratories, Inc. Employee Retirement Plan sits by assets

Starkey Laboratories, Inc. Employee Retirement Plan sits in the top 5% of all filed plans by assets, $267M for 1,583 participants (~$168,558/participant), up 17.5% in 2023.

$267M
total plan assets (2023 EOY): 1,583
covered participants: 96th
percentile by assets (of 127,072 plans): $168,558
avg assets per participant

Starkey Laboratories, Inc. Employee Retirement Plan reported net income rose from -$36M in the plan year 2022 filing to $40M in the plan year 2023 filing.
Starkey Laboratories, Inc. Employee Retirement Plan end-of-year assets rose from $227M in the plan year 2022 filing to $267M in the plan year 2023 filing.
Starkey Laboratories, Inc. Employee Retirement Plan reported participants rose from 1,526 in the plan year 2022 filing to 1,583 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Manufacturing

Starkey Laboratories, Inc. Employee Retirement Plan vs the 2023 asset distribution

By assets, Starkey Laboratories, Inc. Employee Retirement Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$227M
Net Assets (End of Year)	$267M
Net Income	$40M
Employer EIN	410913126
Plan Effective Date	1982-11-03
Filing Status	FILING RECEIVED

Sponsor Plan History (Starkey Laboratories, Inc.)

Total plan assets by year, all Starkey Laboratories, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,416	$241M
2023	2	2,390	$279M
2024	1	1,486	$301M

Nearby 401(k) Plans in Minnesota

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

Starkey Laboratories, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Starkey Laboratories, Inc. Employee Reti… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Starkey Laboratories, Inc. Employee Retirement Plan by total assets, not by location.

Lippert Components, Inc. Employee Retirement Savings Plan (IN) $267M · 10,849
Southern Ute Indian Tribe Retirement Savings Plan (CO) $267M · 1,252
Eqt Corporation Employee Savings Plan (PA) $266M · 742
Station Casinos LLC & Affiliates 401(k) Retirement Plan (NV) $267M · 7,222

Frequently Asked Questions

How did Starkey Laboratories, Inc. Employee Retirement Plan assets move in 2023? ▼

Starkey Laboratories, Inc. Employee Retirement Plan grew sharply - up 17.5% during 2023, from $227M to $267M. Reported net income was $40M.

How have Starkey Laboratories, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Starkey Laboratories, Inc.'s sponsor-wide assets grew 24.7%, from $241M to $301M.

Where does Starkey Laboratories, Inc. Employee Retirement Plan rank by assets among Form 5500 filers? ▼

Starkey Laboratories, Inc. Employee Retirement Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Starkey Laboratories, Inc. Employee Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Lippert Components, Inc. Employee Retirement Savings Plan in IN ($267M, 10,849 participants).

Next read for Starkey Laboratories, Inc. Employee Reti…

Scale reading

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

By total assets, Starkey Laboratories, Inc. Employee Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Starkey Laboratories, Inc.'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.