Took out my spl meter to hear (on different headphones, not in-ears) how loud 94, 104, and 114 dB are. Couldn't go over 94 dB which is already far louder than I am normally listening to. At 94 dB, distortion is mostly below 0.5% except for the range between 300 and 600 Hz where it reaches up to 0.75 percent. No issue for me.
My only gripe with the U12t is the lack of treble energy above 5 kHz, or to be precise, between 5 and 15 kHz. This gives it a relaxed presentation that works well for some genres (and moods), but leaves to be desired for others.