401(k) · DOL Form 5500 · 2022

Bremer Financial Corporation 401(k) Plan

Data updated 2026-08-11

$297M
Total assets
1,561
Participants
97th
Percentile by assets
$189,966
Avg per participant
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Official DOL plan name: Bremer 401(k) Plan · Sponsored by Bremer Financial Corporation · Minnesota · Finance & Insurance

$297M in assets, 1,561 participants

Bremer Financial Corporation's Bremer 401(k) Plan reported $297M in total assets and 1,561 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #8,737 in Finance & Insurance (9,261 peers)

Where Bremer 401(k) Plan sits by assets

Bremer 401(k) Plan sits in the top 5% of all filed plans by assets, $297M for 1,561 participants (~$189,966/participant), down 13.1% in 2022.

$297M
total plan assets (2022 EOY)
1,561
covered participants
97th
percentile by assets (of 139,126 plans)
$189,966
avg assets per participant

The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bremer 401(k) Plan vs the 2022 asset distribution

By assets, Bremer 401(k) Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$341M
Net Assets (End of Year)$297M
Net Income-$45M
Employer EIN410715583
Plan Effective Date1967-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bremer Financial Corporation)

$620M$640M$660M$680M$700M$720M 202220232024 $635M $699M ▲ +10.0%
Total plan assets by year, all Bremer Financial Corporation plans on file
Year Plans Participants Total Assets
2022 3 4,468 $635M
2023 3 4,234 $692M
2024 3 4,217 $699M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bremer 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Bremer 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Bremer 401(k) PlanUnitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Bremer 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bremer 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Bremer 401(k) Plan assets move in 2022?
Bremer 401(k) Plan pulled back noticeably - down 13.1% during 2022, from $341M to $297M. Reported net income was -$45M.
How have Bremer Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Bremer Financial Corporation's sponsor-wide assets grew 10.0%, from $635M to $699M.
Where does Bremer 401(k) Plan rank by assets among Form 5500 filers?
Bremer 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bremer 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Big Lots Savings Plan in OH ($296M, 23,399 participants).

Scale reading

Ways to act on Bremer 401(k) Plan's numbers.