Hearing Care Solutions 401(k) match, vesting and fees
What Hearing Care Solutions' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Kimberlin Company (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Hearing Care Solutions: employer contribution per participant | $594 | |
| Peer median | $1,216 |
| Hearing Care Solutions: average balance | $8,900 | |
| Peer median | $50,590 |
| Hearing Care Solutions: admin expenses ÷ assets | 2.11% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $80K at the end of plan year 2021 to $1.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 179 | $1.4M | $91K | $594 | 2.11% | Not published | Form 5500 ↗ |
| 2023 | 177 | $453K | $62K | $440 | 2.72% | Not published | 5500-SF ↗ |
| 2022 | 147 | $186K | — | — | 2.47% | Not published | 5500-SF ↗ |
| 2021 | 107 | $80K | — | — | 1.51% | Not published | 5500-SF ↗ |
Common questions
Does Hearing Care Solutions match 401(k) contributions?
The match terms for the Hearing Care Solutions Inc - 401k have not been published from its filing yet. The plan year 2024 filing reports $91K in employer contributions, about $594 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Hearing Care Solutions 401(k) match vested?
The vesting schedule for the Hearing Care Solutions Inc - 401k is not in the data published so far. Your Summary Plan Description states it.
Who manages the Hearing Care Solutions 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Pentegra Services, Inc.
I left Hearing Care Solutions. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Pentegra Services, Inc, (844) 367-2848) or the recordkeeper, ADP, Inc.. The Hearing Care Solutions old 401(k) page lists the contacts from every plan filing. Find an old Hearing Care Solutions 401(k)
Data from the public Form 5500 annual reports Hearing Care Solutions filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Hearing Care Solutions. Not financial advice. Report a correction · Methodology