Defined Benefit (Pension) · DOL Form 5500 · 2022

Bremer Financial Corporation Pension Plan

Data updated 2026-08-25

$314M
Total assets Above avg plan size
1,300
Participants Near avg headcount
97th
Percentile by assets National rank
$241,532
Avg per participant Above avg balance/head
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Official DOL plan name: Bremer Retirement Plan · Sponsored by Bremer Financial Corporation · Minnesota · Management of Enterprises

$314M in assets, 1,300 participants

Bremer Financial Corporation's Bremer Retirement Plan reported $314M in total assets and 1,300 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.

  • #1,064 in Management of Enterprises (1,193 peers)

Where Bremer Retirement Plan sits by assets

Bremer Retirement Plan sits in the top 5% of all filed plans by assets, $314M for 1,300 participants (~$241,532/participant), down 32.5% in 2022.

#1,064
in Management of Enterprises (1,193 peers)
-32.5%
assets change YoY
3.2×
vs typical plan assets (national mean)

The plan reported a net loss of $151M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bremer Retirement Plan's outsized position by total assets

Bremer Retirement Plan vs every filed plan by assets

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

$313,992,095 Top 3% higher than 97% 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

Bremer Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bremer Retirement Plan lands in the large band (1,300 participants).

Plan-year Form 5500 strip

Filing strip 410715583 · Bremer Financial Corporation PY 2022 · Defined Benefit (Pension)

Bremer Retirement Plan · $314M · 1,300 · 97th

  • SCH $314M
  • EBSA 1,300
  • PART 97th
  • TYPE Defined Benefit (Pension)
  • NET near Volvo Group North America New River Valley Pension Plan
  • BOOK ind #1064

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 Management of Enterprises retirement plans → · Plans in Minnesota →

Bremer Retirement Plan in the asset neighbourhood

Local Union No. 124 I. B. E. W. Pension Trust FundLocal Union No. 124 I. B. E.…$315MKamehameha Schools Retirement PlanKamehameha Schools Retiremen…$315MBremer Retirement Plan$314MVolvo Group North America New River Valley Pension PlanVolvo Group North America Ne…$314MMetro Ila Pension Fund$314M
End-of-year total assets ($M) among Bremer Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$465M
Net Assets (End of Year)$314M
Net Income-$151M
Employer EIN410715583
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bremer Financial Corporation)

Sponsor-wide plan assets over time

All Bremer Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$699M 10.018525119425716% vs 2022
2024 filing year
$620M$640M$660M$680M$700M$720M 202220232024 $635M $699M ▲ +10.0%
Year Plans Participants Total Assets
2022 3 4,468 $635M
2023 3 4,234 $692M
2024 3 4,217 $699M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Bremer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Bremer Retirement Plan, Total assets ($B): 0.313992095 · Participants: 1300Bremer Retirement Plan3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
Bremer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Bremer Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Volvo Group North America New River Valley Pension Plan in NC ($314M); by covered participants it is Owensboro Health Retirement Plan in KY (1,300 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($314M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,300 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 Bremer Retirement Plan assets move in 2022? ▼
Bremer Retirement Plan contracted severely - down 32.5% during 2022, from $465M to $314M. Reported net income was -$151M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Bremer Retirement 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 Defined Benefit (Pension) plans are similar in size to Bremer Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Volvo Group North America New River Valley Pension Plan in NC ($314M, 1,386 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bremer Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Owensboro Health Retirement Plan in KY (1,300 participants, $117M in assets).