ESOP · DOL Form 5500 · 2022

Scherer Bros. Lumber Co. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
230
Participants Below avg headcount
70th
Percentile by assets National rank
$55,676
Avg per participant Low balance/head
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Official DOL plan name: Scherer Bros. Lumber Co. Employee Stock Ownership Plan · Sponsored by Scherer Bros. Lumber Co. · Minnesota · Retail Trade

$13M in assets, 230 participants

Scherer Bros. Lumber Co.'s Scherer Bros. Lumber Co. Employee Stock Ownership Plan reported $13M in total assets and 230 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.

  • #7,642 in Retail Trade (9,519 peers)

Coverage in Minnesota

Scherer Bros. Lumber Co. Employee Stock Ownership Plan covers 230 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#7,642
in Retail Trade (9,519 peers)
+19.8%
assets growth YoY

Scherer Bros. Lumber Co. Employee Stock Ownership Plan's outsized position by total assets

Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,805,530 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

Scherer Bros. Lumber Co. Employee Stock Ownership Plan 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. Scherer Bros. Lumber Co. Employee Stock Ownership Plan sits mid-pack in the medium band (230 participants).

Published 5500 schedule card

Filing strip 410678286 · Scherer Bros. Lumber Co. PY 2022 · ESOP

Scherer Bros. Lumber Co. Employee Stock Ownership Plan · $13M · 230 · 70th

  • PHOTO $13M
  • IND 230
  • EOY 70th
  • 5500 ESOP
  • ASSETS near Oobe Holdings, Inc. Employee Stock Ownership Plan
  • PCT ind #7642

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 →

Scherer Bros. Lumber Co. Employee Stock Ownership Plan in the asset neighbourhood

Union Holding Corp. Employee Stock Ownership PlanUnion Holding Corp. Employee…$13MLemberg Electric Company, Inc. Employee Stock Ownership PlanLemberg Electric Company, In…$13MScherer Bros. Lumber Co. Employee Stock Ownership PlanScherer Bros. Lumber Co. Emp…$13MOobe Holdings, Inc. Employee Stock Ownership PlanOobe Holdings, Inc. Employee…$13MThe Levy Company, Inc. Employee Stock Ownership PlanThe Levy Company, Inc. Emplo…$13M
End-of-year total assets ($M) among Scherer Bros. Lumber Co. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN410678286
Plan Effective Date1992-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scherer Bros. Lumber Co.)

Sponsor-wide plan assets over time

All Scherer Bros. Lumber Co. plans reported in each filing year

Latest sponsor-wide plan assets
$79M 17.92188897837532% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.7M $78.6M ▲ +17.9%
Year Plans Participants Total Assets
2022 3 544 $67M
2023 3 474 $75M
2024 3 502 $79M

Nearby ESOP Plans in Minnesota

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

Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 -2000200400600800 Total assets ($M) Participants Scherer Bros. Lumber Co. Employee Stock Ownership Plan, Total assets ($M): 12.80553 · Participants: 230Scherer Bros. Lumber Co. 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
Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Scherer Bros. Lumber Co. Employee Stock Ownership Plan side-by-side with 3 peers →

Scherer Bros. Lumber Co. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Oobe Holdings, Inc. Employee Stock Ownership Plan in SC ($13M); by covered participants it is Consolidated Safety Services, Inc. Employee Stock Ownership Plan in VA (230 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (230 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 Scherer Bros. Lumber Co. Employee Stock Ownership Plan assets move in 2022? ▼
Scherer Bros. Lumber Co. Employee Stock Ownership Plan grew sharply - up 19.8% during 2022, from $11M to $13M. Reported net income was $2M.
How have Scherer Bros. Lumber Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scherer Bros. Lumber Co.'s sponsor-wide assets grew 17.9%, from $67M to $79M.
Which ESOP plans are similar in size to Scherer Bros. Lumber Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Oobe Holdings, Inc. Employee Stock Ownership Plan in SC ($13M, 34 participants).
Which ESOP plans cover a similar participant headcount to Scherer Bros. Lumber Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Consolidated Safety Services, Inc. Employee Stock Ownership Plan in VA (230 participants, $22M 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 410678286.

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.