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THE HEARING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE HEARING SOLUTIONS, INC. 401K PROFIT SHARING PLAN
Plan identification number 001

THE HEARING SOLUTIONS, INC. 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE HEARING SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE HEARING SOLUTIONS, INC.
Employer identification number (EIN):680466490
NAIC Classification:339110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HEARING SOLUTIONS, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KIRSTEN MCWILLIAMS2022-12-16
0012021-01-01JULIA AHLQUIST TANNER2022-09-06
0012020-01-01JULIA AHLQUIST TANNER2021-05-06
0012019-01-01JULIA AHLQUIST TANNER2020-06-18
0012018-01-01JULIA AHLQUIST TANNER2019-06-25
0012017-01-01JULIA AHLQUIST TANNER2018-06-20
0012016-01-01JULIA AHLQUIST TANNER2017-12-27
0012015-01-01
0012014-01-01JULIA AHLQUIST TANNER2015-10-05
0012013-01-01JULIA AHLQUIST TANNER2014-07-03
0012012-01-01JULIA AHLQUIST TANNER2013-06-19
0012011-01-01JULIA AHLQUIST TANNER2012-06-08
0012010-01-01JULIA AHLQUIST TANNER2012-07-20

Financial Data on THE HEARING SOLUTIONS, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2022 : THE HEARING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-12-16762813
Net assets as of the end of the plan year2022-12-160
Total assets as of the beginning of the plan year2022-12-16922244
Value of plan covered by a fidelity bond2022-12-1610000
Participant contributions to plan in this plan year2022-12-160
Other income to plan in this plan year2022-12-16-161729
Plan net income in this plan year2022-12-16-922244
Net assets as of the end of the plan year2022-12-160
Net assets as of the beginning of the plan year2022-12-16922244
Employer contributions to plan in this plan year2022-12-162298
Expensese paid to adminstrative service provicers from plan in this plan year2022-12-169441
Total expenses incurred by plan in this plan year2022-09-060
Net assets as of the end of the plan year2022-09-06922244
Total assets as of the beginning of the plan year2022-09-06758885
Value of plan covered by a fidelity bond2022-09-0610000
Participant contributions to plan in this plan year2022-09-0620892
Other income to plan in this plan year2022-09-0685759
Plan net income in this plan year2022-09-06163359
Net assets as of the end of the plan year2022-09-06922244
Net assets as of the beginning of the plan year2022-09-06758885
Employer contributions to plan in this plan year2022-09-0656708

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