401(k) · DOL Form 5500 · 2022

Scherer Bros Lumber Co 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
164
Participants Small participant base
86th
Percentile by assets National rank
$238,595
Avg per participant Above avg balance/head
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Official DOL plan name: Scherer Bros Lumber Co 401(k) Profit Sharing Plan · Sponsored by Scherer Bros Lumber Co · Minnesota · Retail Trade

$39M in assets, 164 participants

Scherer Bros Lumber Co's Scherer Bros Lumber Co 401(k) Profit Sharing Plan reported $39M in total assets and 164 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #8,775 in Retail Trade (9,519 peers)

Coverage in Minnesota

Scherer Bros Lumber Co 401(k) Profit Sharing Plan covers 164 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $39M.

#8,775
in Retail Trade (9,519 peers)
-8.0%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scherer Bros Lumber Co 401(k) Profit Sharing Plan's outsized position by total assets

Scherer Bros Lumber Co 401(k) Profit Sharing Plan vs every filed plan by assets

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

$39,129,575 Top 14% higher than 86% 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 401(k) Profit Sharing 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 401(k) Profit Sharing Plan sits mid-pack in the medium band (164 participants).

EBSA filing schedule strip

Filing strip 410678286 · Scherer Bros Lumber Co PY 2022 · 401(k)

Scherer Bros Lumber Co 401(k) Profit Sharing Plan · $39M · 164 · 86th

  • ASSETS $39M
  • PCT 164
  • EIN 86th
  • RANK 401(k)
  • PHOTO near Agri Profit Sharing Plan
  • IND ind #8775

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 Retail Trade retirement plans → · Plans in Minnesota →

Scherer Bros Lumber Co 401(k) Profit Sharing Plan in the asset neighbourhood

O'neal, Inc. 401(k) Plan and TrustO'neal, Inc. 401(k) Plan and…$39MScherer Bros Lumber Co 401(k) Profit Sharing PlanScherer Bros Lumber Co 401(k…$39MAgri Profit Sharing Plan$39MLoretto Employee 401(k) Savings PlanLoretto Employee 401(k) Savi…$39MNb Ventures, Inc. 401(k) Plan$39M
End-of-year total assets ($M) among Scherer Bros Lumber Co 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$39M
Net Income-$3M
Employer EIN410678286
Plan Effective Date1955-04-01
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 401(k) Plans in Minnesota

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

Scherer Bros Lumber Co 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Scherer Bros Lumber Co 401(k) Profit Sharing Plan, Total assets ($B): 0.039129575 · Participants: 164Scherer Bros Lumber Co 401(k) Profit Sharing PlanUnitedhealth 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
Scherer Bros Lumber Co 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Scherer Bros Lumber Co 401(k) Profit Sharing Plan side-by-side with 3 peers →

Scherer Bros Lumber Co 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Agri Profit Sharing Plan in KS ($39M); by covered participants it is Inserv Corp. 401(k) Profit Sharing Plan in NC (164 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (164 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 401(k) Profit Sharing Plan assets move in 2022? ▼
Scherer Bros Lumber Co 401(k) Profit Sharing Plan pulled back noticeably - down 8.0% during 2022, from $43M to $39M. Reported net income was -$3M.
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.
Where does Scherer Bros Lumber Co 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Scherer Bros Lumber Co 401(k) Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Scherer Bros Lumber Co 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Agri Profit Sharing Plan in KS ($39M, 381 participants).
Which 401(k) plans cover a similar participant headcount to Scherer Bros Lumber Co 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Inserv Corp. 401(k) Profit Sharing Plan in NC (164 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 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.