401(k) · DOL Form 5500 · 2022

Bermo, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
110
Participants Small participant base
70th
Percentile by assets National rank
$120,182
Avg per participant Near avg balance/head
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Official DOL plan name: Bermo, Inc. Profit Sharing Plan and Trust · Sponsored by Bermo, Inc. · Minnesota · Manufacturing

$13M in assets, 110 participants

Bermo, Inc.'s Bermo, Inc. Profit Sharing Plan and Trust reported $13M in total assets and 110 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #12,186 in Manufacturing (20,602 peers)

Coverage in Minnesota

Bermo, Inc. Profit Sharing Plan and Trust covers 110 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#12,186
in Manufacturing (20,602 peers)
-15.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bermo, Inc. Profit Sharing Plan and Trust's outsized position by total assets

Bermo, Inc. Profit Sharing Plan and Trust vs every filed plan by assets

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

$13,220,032 Top 30% higher than 70% 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

Bermo, Inc. Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bermo, Inc. Profit Sharing Plan and Trust sits mid-pack in the medium band (110 participants).

Form 5500 schedule snapshot

Filing strip 410691155 · Bermo, Inc. PY 2022 · 401(k)

Bermo, Inc. Profit Sharing Plan and Trust · $13M · 110 · 70th

  • EOY $13M
  • EOY 110
  • EOY 70th
  • EOY 401(k)
  • EOY near Port City Bakery, Inc. Retirement Plan
  • EOY ind #12186

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 Manufacturing retirement plans → · Plans in Minnesota →

Bermo, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

Bermo, Inc. Profit Sharing Plan and TrustBermo, Inc. Profit Sharing P…$13MPort City Bakery, Inc. Retirement PlanPort City Bakery, Inc. Retir…$13MCymstar Collective Bargaining Employees'Cymstar Collective Bargainin…$13MPinnacle Services, Inc. 401(k) PlanPinnacle Services, Inc. 401(…$13MHippo Employee Services Inc. and Its Affiliates 401(k) PlanHippo Employee Services Inc.…$13M
End-of-year total assets ($M) among Bermo, Inc. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN410691155
Plan Effective Date1960-06-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Bermo, Inc.)

Sponsor-wide plan assets over time

All Bermo, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 6.174364782172994% vs 2022
2024 filing year
$13M$13.5M$14M$14.5M$15M 202220232024 $13.2M $14M ▲ +6.2%
Year Plans Participants Total Assets
2022 1 110 $13M
2023 1 114 $14M
2024 1 109 $14M

Nearby 401(k) Plans in Minnesota

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

Bermo, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Bermo, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.013220032 · Participants: 110Bermo, Inc. Profit Sharing Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Bermo, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Bermo, Inc. Profit Sharing Plan and Trust side-by-side with 3 peers →

Bermo, Inc. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Port City Bakery, Inc. Retirement Plan in WI ($13M); by covered participants it is Mahajan Therapeutics, Llc401(k) Plan in OH (110 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (110 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 Bermo, Inc. Profit Sharing Plan and Trust assets move in 2022? ▼
Bermo, Inc. Profit Sharing Plan and Trust declined sharply - down 15.2% during 2022, from $16M to $13M. Reported net income was -$2M.
How have Bermo, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bermo, Inc.'s sponsor-wide assets grew 6.2%, from $13M to $14M.
Which 401(k) plans are similar in size to Bermo, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Port City Bakery, Inc. Retirement Plan in WI ($13M, 357 participants).
Which 401(k) plans cover a similar participant headcount to Bermo, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Mahajan Therapeutics, Llc401(k) Plan in OH (110 participants, N/A 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 410691155.

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.