ESOP · DOL Form 5500 · 2022
Bergstrom Electric, Inc. ESOP
Data updated 2026-08-11
- $14M
- Total assets
- 98
- Participants
- 72nd
- Percentile by assets
- $146,573
- Avg per participant
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.
- 72nd percentile by assets (of 139,126 plans)
- #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.
- $14M
- total plan assets (2022 EOY)
- 98
- covered participants
- 72nd
- percentile by assets (of 139,126 plans)
- $146,573
- avg assets per participant
Bergstrom Electric, Inc. across 3 plan years on file
Across the 3 plan years Bergstrom Electric, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $27M to $40M, a gain of 48.2%, while reported participants moved from 229 to 249 (+8.7%). Peak year by sponsor assets: 2024 ($40M); trough: 2022 ($27M).
Bergstrom Electric, Inc. multi-year asset trail
| 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 EIN | 450332406 |
| Plan Effective Date | 2012-01-01 |
| Filing Status | FILING 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
- Border States Industries, Inc. Employee Stock Ownership Plan $1.1B · 2,781
- Scheels Employee Stock Ownership Plan $762M · 3,187
- Dakota Supply Group, Inc. Employee Stock Ownership Plan $234M · 616
- Ulteig, Inc. Employee Stock Ownership Plan $137M · 778
- Ulteig, Inc. Employee Stock Ownership Plan $137M · 778
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Bergstrom Electric, Inc. ESOP by total assets, not by location.
Frequently Asked Questions
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Next read for Bergstrom Electric, Inc. ESOP
Multi-year trail
Ways to act on Bergstrom Electric, Inc. ESOP's numbers.
- By total assets, Bergstrom Electric, Inc. ESOP ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in North Dakota. Compare plans
- Bergstrom Electric, Inc.'s sponsor-wide assets have grown 48.2% since 2022 across 3 plan years on file. More Construction plans