ESOP · DOL Form 5500 · 2022

Scherer Bros. Lumber Co. ESOP

Data updated 2026-08-11

$13M
Total assets
230
Participants
70th
Percentile by assets
$55,676
Avg per participant
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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.

  • 70th percentile by assets (of 139,126 plans)
  • #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.

$13M
total plan assets (2022 EOY)
230
covered participants
70th
percentile by assets (of 139,126 plans)
$55,676
avg assets per participant

Where Scherer Bros. Lumber Co. Employee Stock Ownership Plan sits 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 $2,010,000,000 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

State
Minnesota
Industry
Retail Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Scherer Bros. Lumber Co. Employee Stock Ownership Plan reports 230 participants - about 20% of that state average ($13M EOY assets).

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.)

$65M$70M$75M$80M 202220232024 $66.7M $78.6M ▲ +17.9%
Total plan assets by year, all Scherer Bros. Lumber Co. plans on file
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 ($M) Participants Scherer Bros. Lumber…, Total assets ($M): 12.80553 · Participants: 230Scherer Bros. Lumber…Andersen Corporation…, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation…Hormel Foods Corpora…, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corpora…Kingdom Enterprises,…, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises,…Force America Inc. E…, Total assets ($M): 332.65286 · Participants: 359Force America Inc. E…Polaris Inc. Employe…, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employe…
Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Scherer Bros. Lumber Co. Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Scherer Bros. Lumber Co. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Scherer Bros. Lumber Co. Employee Stock …

Filing takeaways

Ways to act on Scherer Bros. Lumber Co. Employee Stock Ownership Plan's numbers.

  • By total assets, Scherer Bros. Lumber Co. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Scherer Bros. Lumber Co.'s sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Retail Trade plans

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.