Defined Benefit (Pension) · DOL Form 5500 · 2023

Gn Hearing Care Corporation Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
26
Participants Small participant base
48th
Percentile by assets National rank
$235,983
Avg per participant Above avg balance/head
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Official DOL plan name: Beltone Electronics Corporation Retirement Plan · Sponsored by Gn Hearing Care Corporation · Minnesota · Manufacturing

$6M in assets, 26 participants

Gn Hearing Care Corporation's Beltone Electronics Corporation Retirement Plan reported $6M in total assets and 26 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #6,024 in Manufacturing (18,722 peers)

Gn Hearing Care Corporation multi-year trail

Gn Hearing Care Corporation's plans moved +29.9% in assets from 2022 to 2024; this filing shows Beltone Electronics Corporation Retirement Plan at $6M / 26 participants.

#6,024
in Manufacturing (18,722 peers)
-62.9%
assets change YoY

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Beltone Electronics Corporation Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Beltone Electronics Corporation Retirement Plan vs every filed plan by assets

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

$6,135,554 48th percentile higher than 48% 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

Beltone Electronics Corporation Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Beltone Electronics Corporation Retirement Plan is a small filing (26 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beltone Electronics Corporation Retirement Plan end-of-year assets fell from $17M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Beltone Electronics Corporation Retirement Plan reported net income rose from -$23M in the plan year 2022 filing to -$10M in the plan year 2023 filing.
  • Beltone Electronics Corporation Retirement Plan reported participants fell from 29 in the plan year 2022 filing to 26 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 770019588 · Gn Hearing Care Corporation PY 2023 · Defined Benefit (Pension)

Beltone Electronics Corporation Retirement Plan · $6M · 26 · 48th

  • PHOTO $6M
  • PHOTO 26
  • PHOTO 48th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Liberty Steel Products, Inc. Defined Benefit Plan
  • PHOTO ind #6024

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 Manufacturing retirement plans → · Plans in Minnesota →

Beltone Electronics Corporation Retirement Plan in the asset neighbourhood

Pension Plan of Local 47 Bricklayers and Allied CraftmanPension Plan of Local 47 Bri…$6MBeltone Electronics Corporation Retirement PlanBeltone Electronics Corporat…$6MLiberty Steel Products, Inc. Defined Benefit PlanLiberty Steel Products, Inc.…$6MManhattan Plaza Associates Union PlanManhattan Plaza Associates U…$6MMorrell Enterprises, Inc. Defined Benefit Pension PlanMorrell Enterprises, Inc. De…$6M
End-of-year total assets ($M) among Beltone Electronics Corporation Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Gn Hearing Care Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Gn Hearing Care Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$200M 29.932260076749884% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $154M $200M ▲ +29.9%
Year Plans Participants Total Assets
2022 2 1,159 $154M
2023 2 1,075 $175M
2024 1 1,136 $200M

Gn Hearing Care Corporation filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$6M
Net Income-$10M
Employer EIN770019588
Plan Effective Date1954-11-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Beltone Electronics Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Beltone Electronics Corporation Retirement Plan, Total assets ($B): 0.006135554 · Participants: 26Beltone Electronics Corporation Retirement Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Beltone Electronics Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Beltone Electronics Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Liberty Steel Products, Inc. Defined Benefit Plan in OH ($6M); by covered participants it is Paulo Products Company Employees' Pension Plan in MO (26 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (26 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 Beltone Electronics Corporation Retirement Plan assets move in 2023?
Beltone Electronics Corporation Retirement Plan contracted severely - down 62.9% during 2023, from $17M to $6M. Reported net income was -$10M.
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.
Which Defined Benefit (Pension) plans are similar in size to Beltone Electronics Corporation Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Liberty Steel Products, Inc. Defined Benefit Plan in OH ($6M, 87 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Beltone Electronics Corporation Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Paulo Products Company Employees' Pension Plan in MO (26 participants, $6M in assets).