401(k)
2024 plan-year 401(k) DOL Form 5500

Hearing Care Solutions Inc - 401(k)

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Hearing Care Solutions Inc · Colorado · Retail Trade

What the 2023 filing shows

Hearing Care Solutions Inc - 401(k) holds $1M for 164 participants — about $8,358 per participant, up 202.7% over the 2024 plan year.

$1M
total plan assets (2024 EOY)
164
covered participants
$8,358
avg assets per participant
+202.7%
assets growth YoY
Total Assets (2023)
$1M
Participants
164
State
Industry
Retail Trade

What the Filing Says About Hearing Care Solutions Inc - 401(k)

Hearing Care Solutions Inc - 401(k) is a 401(k) retirement plan sponsored by Hearing Care Solutions Inc, headquartered in Colorado. As of the 2024 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 164 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 371577266, and the plan has been effective since 2020-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $453K at the beginning of 2024 to $1M at year-end — a gain of 202.7%. Net assets (after liabilities) closed the year at $1M, with reported net income of $918K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$453K
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$918K
Plan Type401(k)
Employer EIN371577266
Plan Effective Date2020-10-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Hearing Care Solutions Inc - 401(k)?
As of the 2024 Form 5500 filing, Hearing Care Solutions Inc - 401(k) holds $1M in total assets with 164 participants. It is sponsored by Hearing Care Solutions Inc.
What type of plan is Hearing Care Solutions Inc - 401(k)?
Hearing Care Solutions Inc - 401(k) is a 401(k) plan. It has been effective since 2020-10-01. The plan is filed with the U.S. Department of Labor under EIN 371577266.
Who sponsors the Hearing Care Solutions Inc - 401(k)?
Hearing Care Solutions Inc - 401(k) is sponsored by Hearing Care Solutions Inc, located in Colorado. The sponsor's EIN is 371577266 and the plan operates in the Retail Trade industry.
How did Hearing Care Solutions Inc - 401(k) perform in 2024?
Hearing Care Solutions Inc - 401(k) grew by 202.7% during 2024, moving from $453K to $1M in total assets. Net income was $918K.
Where can I find official filings for Hearing Care Solutions Inc - 401(k)?
Official Form 5500 filings for Hearing Care Solutions Inc - 401(k) are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 371577266 or plan name at efast.dol.gov.
How does Hearing Care Solutions Inc - 401(k) compare to other plans?
You can compare Hearing Care Solutions Inc - 401(k) against other 401(k) plans on the plan type page, or view plans in Colorado on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 371577266.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.