Profit Sharing · DOL Form 5500 · 2024

Hear Clear Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
9
Participants Small participant base
27th
Percentile by assets National rank
$166,362
Avg per participant Above avg balance/head
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Official DOL plan name: Hear Clear Inc. Retirement Plan · Sponsored by Hear Clear Inc. · Pennsylvania · Retail Trade

$1M in assets, 9 participants

Hear Clear Inc.'s Hear Clear Inc. Retirement Plan reported $1M in total assets and 9 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #3,163 in Retail Trade (8,048 peers)

What the 2024 filing shows

Hear Clear Inc. Retirement Plan holds $1M for 9 participants - about $166,362 per participant, in the lower half of filed plans by assets.

#3,163
in Retail Trade (8,048 peers)
-5.5%
assets change YoY

The plan reported a net loss of $87K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hear Clear Inc. Retirement Plan among the smaller filed plans by assets

Hear Clear Inc. Retirement Plan vs every filed plan by assets

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

$1,497,261 27th percentile higher than 27% 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

Hear Clear Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hear Clear Inc. Retirement Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hear Clear Inc. Retirement Plan reported net income fell from $212K in the plan year 2023 filing to -$87K in the plan year 2024 filing.
  • Hear Clear Inc. Retirement Plan reported participants rose from 8 in the plan year 2023 filing to 9 in the plan year 2024 filing.
  • Hear Clear Inc. Retirement Plan end-of-year assets fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 463274116 · Hear Clear Inc. PY 2024 · Profit Sharing

Hear Clear Inc. Retirement Plan · $1M · 9 · 27th

  • VS-ST $1M
  • BOY 9
  • SCH 27th
  • EBSA Profit Sharing
  • PART near Harmonious Claptrap Profit Sharing Plan
  • TYPE ind #3163

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 Pennsylvania →

Hear Clear Inc. Retirement Plan in the asset neighbourhood

Hear Clear Inc. Retirement PlanHear Clear Inc. Retirement P…$1MHarmonious Claptrap Profit Sharing PlanHarmonious Claptrap Profit S…$1MDavid a. Jacoby, M.D., Money Purchase PlanDavid a. Jacoby, M.D., Money…$1M101 Gordon Investment Group Inc. Retirement Plan101 Gordon Investment Group …$1MMajestic Music, Inc. Retirement PlanMajestic Music, Inc. Retirem…$1M
End-of-year total assets ($M) among Hear Clear Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$87K
Employer EIN463274116
Plan Effective Date2013-07-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Hear Clear Inc.)

Sponsor-wide plan assets over time

All Hear Clear Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 9.088782935863772% vs 2022
2024 filing year
$1.3M$1.4M$1.5M$1.6M$1.7M 202220232024 $1.37M $1.5M ▲ +9.5%
Year Plans Participants Total Assets
2022 1 10 $1M
2023 1 8 $2M
2024 1 9 $1M

Nearby Profit Sharing Plans in Pennsylvania

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

Hear Clear Inc. Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Hear Clear Inc. Retirement Plan, Total assets ($B): 0.001497261 · Participants: 9Hear Clear Inc. Retirement PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.245462462 · Participants: 14807Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.995663035 · Participants: 21954University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.259021509 · Participants: 3927International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.876135705 · Participants: 10394Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.781454632 · Participants: 2477Morgan, Lewis & Bockius LLP Defined Contribution Plan
Hear Clear Inc. Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Hear Clear Inc. Retirement Plan side-by-side with 3 peers →

Hear Clear Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Harmonious Claptrap Profit Sharing Plan in CA ($1M); by covered participants it is Mab Financial Services, Inc. Retirement Plan in MD (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Hear Clear Inc. Retirement Plan assets move in 2024? ▼
Hear Clear Inc. Retirement Plan pulled back noticeably - down 5.5% during 2024, from $2M to $1M. Reported net income was -$87K.
How have Hear Clear Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hear Clear Inc.'s sponsor-wide assets grew 9.1%, from $1M to $1M.
Which Profit Sharing plans are similar in size to Hear Clear Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Harmonious Claptrap Profit Sharing Plan in CA ($1M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Hear Clear Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Mab Financial Services, Inc. Retirement Plan in MD (9 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 463274116.

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.