ESOP · DOL Form 5500 · 2022

Bergstrom Electric, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
98
Participants Small participant base
72nd
Percentile by assets National rank
$146,573
Avg per participant Above avg balance/head
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Official DOL plan name: Bergstrom Electric, Inc. ESOP · Sponsored by Bergstrom Electric, Inc. · North Dakota · Construction

$14M in assets, 98 participants

Bergstrom Electric, Inc.'s Bergstrom Electric, Inc. ESOP reported $14M in total assets and 98 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #7,091 in Construction (9,927 peers)

Bergstrom Electric, Inc. multi-year trail

Bergstrom Electric, Inc.'s plans moved +48.2% in assets from 2022 to 2024; this filing shows Bergstrom Electric, Inc. ESOP at $14M / 98 participants.

#7,091
in Construction (9,927 peers)
+7.7%
assets growth YoY

Bergstrom Electric, Inc. ESOP's outsized position by total assets

Bergstrom Electric, Inc. ESOP vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,364,117 Top 28% higher than 72% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Bergstrom Electric, Inc. ESOP among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bergstrom Electric, Inc. ESOP is a small filing (98 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 450332406 · Bergstrom Electric, Inc. PY 2022 · ESOP

Bergstrom Electric, Inc. ESOP · $14M · 98 · 72nd

  • BOOK $14M
  • VS-ST 98
  • BOY 72nd
  • SCH ESOP
  • EBSA near Oasys, Inc. Employee Stock Ownership Plan
  • PART ind #7091

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in North Dakota →

Bergstrom Electric, Inc. ESOP in the asset neighbourhood

Southeastern Surveying & Mapping Corp. Employee Stock Ownership PlanSoutheastern Surveying & Map…$14MHamill Manufacturing Company Employee Stock Ownership PlanHamill Manufacturing Company…$14MDelve Holdings, Inc. Employee Stock Ownership PlanDelve Holdings, Inc. Employe…$14MOasys, Inc. Employee Stock Ownership PlanOasys, Inc. Employee Stock O…$14MBergstrom Electric, Inc. ESOP$14M
End-of-year total assets ($M) among Bergstrom Electric, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Bergstrom Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bergstrom Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 48.194355449234166% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $26.7M $39.6M ▲ +48.2%
Year Plans Participants Total Assets
2022 2 229 $27M
2023 2 239 $33M
2024 2 249 $40M

Bergstrom Electric, Inc. filing trail (2022)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN450332406
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Bergstrom Electric, Inc. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.5 Total assets ($B) Participants Bergstrom Electric, Inc. ESOP, Total assets ($B): 0.014364117 · Participants: 98Bergstrom Electric, Inc. ESOPBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.106185018 · Participants: 2781Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.761655102 · Participants: 3187Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.234297255 · Participants: 616Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership Plan
Bergstrom Electric, Inc. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Bergstrom Electric, Inc. ESOP side-by-side with 3 peers →

Bergstrom Electric, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Oasys, Inc. Employee Stock Ownership Plan in AL ($14M); by covered participants it is United Bancorp,Inc. of Martins Ferry Ohio ESOP Plan in OH (98 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (98 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bergstrom Electric, Inc. ESOP assets move in 2022? ▼
Bergstrom Electric, Inc. ESOP grew at a solid clip - up 7.7% during 2022, from $13M to $14M. Reported net income was $1M.
How have Bergstrom Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bergstrom Electric, Inc.'s sponsor-wide assets grew 48.2%, from $27M to $40M.
Which ESOP plans are similar in size to Bergstrom Electric, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Oasys, Inc. Employee Stock Ownership Plan in AL ($14M, 93 participants).
Which ESOP plans cover a similar participant headcount to Bergstrom Electric, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is United Bancorp,Inc. of Martins Ferry Ohio ESOP Plan in OH (98 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450332406.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.