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Department of Labor filing

TRUHEARING, INC.

TRUHEARING 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Aug 8, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

66filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support
$2,944

Reported employer contributions per active participant.

Higher than about 87% of comparable plans
#People in the filing
382

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$247 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 18% of comparable plans
↗Investment performance
Not available

Plan assets changed 18.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202466out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions87th percentileTypical peer $1,560 · based on 111 comparable plans
Lower reported administrative expense18th percentileTypical peer $149 · based on 113 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, TRUHEARING, INC. reported $1,124,621 in employer contributions across the plan and 382 active participants. That works out to $2,944 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy84%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 2.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 14.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context66/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$1,124,621
Participant contributions
$2,047,461
Other contributions
$96,733
Employer share of reported contributions
35.5%
Beginning assets
$16,007,191
Ending assets
$18,968,234
Ending net assets
$18,968,234
Ending liabilities
$0
Total income
$5,480,185
Total expenses
$2,519,142
Administrative expenses
$106,384
Participant loans
$219,407

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$3,027
2023
$2,693
2024
$2,944
Plan-paid administrative expenses per participant
2022
$216
2023
$230
2024
$247
Active participants
2022
312
2023
359
2024
382
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$2,94438219M20250808051349NAL0004338465001
2023$2,69335916M20240812050905NAL0020231682001
2022$3,02731211.9M20230820231044NAL0001921859001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.2%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
200415501-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2020
Industry
Retail trade
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
ALLIANZ GLOBAL INVESTORS DISTRIBUTO2024Not reportedunknown
ALLSPRING GLOBAL INVESTMENTS2024Not reportedunknown
AMERICAN FUNDS DISTRIBUTORS, INC.2024Not reportedunknown
BLACKROCK INVESTMENTS, INC.2024Not reportedunknown
CARILLON FUNDS2024Not reportedunknown
FIDELITY DISTRIBUTORS CORP.2024Not reportedunknown
INVESCO2024Not reportedunknown
J.P. MORGAN INVESTMENT MANAGEMENT2024Not reportedunknown
JANUS DISTRIBUTORS, LLC2024Not reportedunknown
MFS FUND DISTRIBUTORS, INC.2024Not reportedunknown
PRUDENTIAL INVESTMENTS LLC2024Not reportedunknown
PUTNAM RETAIL MANAGEMENT2024Not reportedunknown
VANGUARD2024Not reportedunknown
VICTORY CAPITAL MANAGEMENT2024Not reportedunknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20250808051349NAL0004338465001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗