Defined Benefit (Pension) · DOL Form 5500 · 2022

Bremer Financial Corporation Pension Plan

Data updated 2026-08-11

$314M
Total assets
1,300
Participants
97th
Percentile by assets
$241,532
Avg per participant
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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.

  • 97th percentile by assets (of 139,126 plans)
  • #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.

$314M
total plan assets (2022 EOY)
1,300
covered participants
97th
percentile by assets (of 139,126 plans)
$241,532
avg assets per participant

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.

Where Bremer Retirement Plan sits 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 $2,010,000,000 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 vs the 2022 asset distribution

By assets, Bremer Retirement Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).

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)

$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 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

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 Plan3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…U.S. Bank Pension PlanTarget Corporation P…
Bremer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Bremer Retirement Plan by total assets, not by location.

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).

Scale reading

Ways to act on Bremer Retirement Plan's numbers.