Alliance Hearing, Inc. 401(K) Plan — Form 5500 plan (Alliance Hearing, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Alliance Hearing, Inc. 401(K) Plan is a benefit plan reported by Alliance Hearing, Inc. under EIN 83-4217372 and plan number 001. The latest loaded filing year is 2023. The filing reports 404 participants and $4,676,691 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.7MPlan net assets, end of year$4,676,691
Participants404Covered participants reported
Assets / participant$11.6KComputed: assets ÷ participants$11,576 (computed)
Provider compensation$30.5K1 Schedule C provider row(s)$30,507
Plan sponsor
Alliance Hearing, Inc.
EIN
83-4217372
Plan number
001
Plan type
2
Location
Ofallon, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023404H, C20241011103446NAL0043339490001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4.7M total assets
Net assets$4.7MLiabilities$0
Money in vs. money out
Total income / additions$1.8M
Total expenses$315.1K
Benefits paid / distributions$192.8K
Contributions
Employer$385.7K
Participant$739.6K
Full reported line items

Net assets

Total assets (EOY)
$4,676,691
Total liabilities (EOY)
$0
Net assets (EOY)
$4,676,691
Net assets (BOY)
$3,207,065

Income & contributions

Employer contributions
$385,722
Participant contributions
$739,630
Total contributions
$1,188,473
Total income / additions
$1,784,747

Expenses & distributions

Benefits paid
$192,835
Administrative expenses
$30,507
Total expenses
$315,121
Net increase / (decrease)
$1,469,626
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 34%Participant 66%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$30,507$02023

Related Form 5500 pages