401(k) · DOL Form 5500 · 2024

Truhearing, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
366
Participants Below avg headcount
69th
Percentile by assets National rank
$51,826
Avg per participant Low balance/head
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Official DOL plan name: Truhearing 401(k) Plan · Sponsored by Truhearing, Inc. · Utah · Retail Trade

$19M in assets, 366 participants

Truhearing, Inc.'s Truhearing 401(k) Plan reported $19M in total assets and 366 participants in its 2024 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,439 in Retail Trade (8,048 peers)

Truhearing, Inc. multi-year trail

Truhearing, Inc.'s plans moved +60.0% in assets from 2022 to 2024; this filing shows Truhearing 401(k) Plan at $19M / 366 participants.

#6,439
in Retail Trade (8,048 peers)
+18.5%
assets growth YoY

Truhearing 401(k) Plan's outsized position by total assets

Truhearing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$18,968,234 Top 31% higher than 69% of 123,620 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 2024

Truhearing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Truhearing 401(k) Plan sits mid-pack in the medium band (366 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Truhearing 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Truhearing 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Truhearing 401(k) Plan reported participants rose from 320 in the plan year 2023 filing to 366 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 200415501 · Truhearing, Inc. PY 2024 · 401(k)

Truhearing 401(k) Plan · $19M · 366 · 69th

  • PCT $19M
  • EIN 366
  • RANK 69th
  • PHOTO 401(k)
  • IND near Allen Organ Company Savings and Profit Sharing Plan
  • EOY ind #6439

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 Utah →

Truhearing 401(k) Plan in the asset neighbourhood

Truhearing 401(k) Plan$19MAllen Organ Company Savings and Profit Sharing PlanAllen Organ Company Savings …$19MCreed 2.0 Dba Creed Monarch 401(k) Retirement Savings PlanCreed 2.0 Dba Creed Monarch …$19MA-Tek, Inc. 401(k) Plan$19MCalmax Technology, Inc. 401(k) Profit Sharing PlanCalmax Technology, Inc. 401(…$19M
End-of-year total assets ($M) among Truhearing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Truhearing, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Truhearing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 59.95493859840118% vs 2022
2024 filing year
$10M$15M$20M 202220232024 $11.9M $19M ▲ +59.9%
Year Plans Participants Total Assets
2022 1 295 $12M
2023 1 320 $16M
2024 1 366 $19M

Truhearing, Inc. filing trail (2024)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN200415501
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Utah

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

Truhearing 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Truhearing 401(k) Plan, Total assets ($B): 0.018968234 · Participants: 366Truhearing 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Truhearing 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Truhearing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Allen Organ Company Savings and Profit Sharing Plan in PA ($19M); by covered participants it is Bracco Medical Technologies 401(k) Plan in MN (366 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (366 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Truhearing 401(k) Plan assets move in 2024?
Truhearing 401(k) Plan grew sharply - up 18.5% during 2024, from $16M to $19M. Reported net income was $3M.
How have Truhearing, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Truhearing, Inc.'s sponsor-wide assets grew 60.0%, from $12M to $19M.
Which 401(k) plans are similar in size to Truhearing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Allen Organ Company Savings and Profit Sharing Plan in PA ($19M, 136 participants).
Which 401(k) plans cover a similar participant headcount to Truhearing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bracco Medical Technologies 401(k) Plan in MN (366 participants, $71M in assets).