Profit Sharing · DOL Form 5500 · 2022

Bernhard Farms Inc Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
8
Participants
69th
Percentile by assets
$1.6M
Avg per participant
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Official DOL plan name: Bernhard Farms Inc Profit Sharing Plan · Sponsored by Bernhard Farms Inc · Illinois · Agriculture, Forestry & Fishing

$12M in assets, 8 participants

Bernhard Farms Inc's Bernhard Farms Inc Profit Sharing Plan reported $12M in total assets and 8 participants in its 2022 DOL Form 5500 filing, ranking in the 69th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 69th percentile by assets (of 139,126 plans)
  • #1,163 in Agriculture, Forestry & Fishing (1,523 peers)

Bernhard Farms Inc multi-year trail

Bernhard Farms Inc's plans moved +49.9% in assets from 2022 to 2024; this filing shows Bernhard Farms Inc Profit Sharing Plan at $12M / 8 participants.

$12M
total plan assets (2022 EOY)
8
covered participants
69th
percentile by assets (of 139,126 plans)
$1.6M
avg assets per participant

The plan reported a net loss of $517K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bernhard Farms Inc across 3 plan years on file

Across the 3 plan years Bernhard Farms Inc has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $19M, a gain of 49.9%, while reported participants moved from 8 to 8 (+0.0%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($12M).

Bernhard Farms Inc multi-year asset trail

$10M$12M$14M$16M$18M$20M 202220232024 $12.4M $18.6M ▲ +49.8%
Total plan assets by year, all Bernhard Farms Inc plans on file
Year Plans Participants Total Assets
2022 1 8 $12M
2023 1 8 $15M
2024 1 8 $19M

Bernhard Farms Inc filing trail (2022)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$517K
Employer EIN362936961
Plan Effective Date1985-01-31
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Bernhard Farms Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Bernhard Farms Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Bernhard Farms Inc P…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Accenture United Sta…
Bernhard Farms Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Bernhard Farms Inc Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Bernhard Farms Inc Profit Sharing Plan assets move in 2022?
Bernhard Farms Inc Profit Sharing Plan edged down modestly - down 4.0% during 2022, from $13M to $12M. Reported net income was -$517K.
How have Bernhard Farms Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Bernhard Farms Inc's sponsor-wide assets grew 49.9%, from $12M to $19M.
Which Profit Sharing plans are similar in size to Bernhard Farms Inc Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is North Jersey Elks Developmental Disabilities Agency Employees' Retirement Plan in NJ ($12M, 173 participants).

Next read for Bernhard Farms Inc Profit Sharing Plan

Multi-year trail

Ways to act on Bernhard Farms Inc Profit Sharing Plan's numbers.