ESOP · DOL Form 5500 · 2022

Berger Financial Group, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
51
Participants Small participant base
62nd
Percentile by assets National rank
$172,549
Avg per participant Above avg balance/head
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Official DOL plan name: Berger Financial Group Employee Stock Ownership Plan · Sponsored by Berger Financial Group, Inc. · Minnesota · Other Services

$9M in assets, 51 participants

Berger Financial Group, Inc.'s Berger Financial Group Employee Stock Ownership Plan reported $9M in total assets and 51 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • #6,551 in Other Services (8,398 peers)

Berger Financial Group, Inc. multi-year trail

Berger Financial Group, Inc.'s plans moved +78.4% in assets from 2022 to 2024; this filing shows Berger Financial Group Employee Stock Ownership Plan at $9M / 51 participants.

#6,551
in Other Services (8,398 peers)
+7.3%
assets growth YoY

Berger Financial Group Employee Stock Ownership Plan's mid-pack asset rank among Other Services and all filers

Berger Financial Group Employee Stock Ownership Plan vs every filed plan by assets

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

$8,800,002 Top 38% higher than 62% 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

Berger Financial Group Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Berger Financial Group Employee Stock Ownership Plan is a small filing (51 participants) on this national headcount ladder.

DOL schedule card

Filing strip 411856827 · Berger Financial Group, Inc. PY 2022 · ESOP

Berger Financial Group Employee Stock Ownership Plan · $9M · 51 · 62nd

  • PCT $9M
  • EIN 51
  • RANK 62nd
  • PHOTO ESOP
  • IND near Mksk Employee Stock Ownership Plan
  • EOY ind #6551

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 Minnesota →

Berger Financial Group Employee Stock Ownership Plan in the asset neighbourhood

Berger Financial Group Employee Stock Ownership PlanBerger Financial Group Emplo…$9MMksk Employee Stock Ownership PlanMksk Employee Stock Ownershi…$9MMcconnell & Associates Employee Stock Ownership PlanMcconnell & Associates Emplo…$9MAlliance Building Services Employee Stock Ownership PlanAlliance Building Services E…$9MDillon Yarn Corporation Employee Stock Ownership PlanDillon Yarn Corporation Empl…$9M
End-of-year total assets ($M) among Berger Financial Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Berger Financial Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Berger Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 78.4090844524808% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $8.8M $15.7M ▲ +78.4%
Year Plans Participants Total Assets
2022 1 51 $9M
2023 1 59 $10M
2024 1 58 $16M

Berger Financial Group, Inc. filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$879K
Net Income$802K
Employer EIN411856827
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Berger Financial Group Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 -2000200400600800 Total assets ($M) Participants Berger Financial Group Employee Stock Ownership Plan, Total assets ($M): 8.800002 · Participants: 51Berger Financial Group Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Berger Financial Group Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Berger Financial Group Employee Stock Ownership Plan side-by-side with 3 peers →

Berger Financial Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Mksk Employee Stock Ownership Plan in OH ($9M); by covered participants it is Mineola Community Bank, S.S.B. Employee Stock Ownership Plan in TX (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 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 Berger Financial Group Employee Stock Ownership Plan assets move in 2022? ▼
Berger Financial Group Employee Stock Ownership Plan grew at a solid clip - up 7.3% during 2022, from $8M to $9M. Reported net income was $802K.
How have Berger Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Berger Financial Group, Inc.'s sponsor-wide assets grew 78.4%, from $9M to $16M.
Which ESOP plans are similar in size to Berger Financial Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mksk Employee Stock Ownership Plan in OH ($9M, 109 participants).
Which ESOP plans cover a similar participant headcount to Berger Financial Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mineola Community Bank, S.S.B. Employee Stock Ownership Plan in TX (51 participants, $4M 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 411856827.

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.