401(k) · DOL Form 5500 · 2022

Scherer Bros Lumber Co 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
150
Participants Small participant base
72nd
Percentile by assets National rank
$98,270
Avg per participant Below avg balance/head
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Official DOL plan name: Scherer Bros Lumber Co 401(k) Plan for Production Employees · Sponsored by Scherer Bros Lumber Co · Minnesota · Retail Trade

$15M in assets, 150 participants

Scherer Bros Lumber Co's Scherer Bros Lumber Co 401(k) Plan for Production Employees reported $15M in total assets and 150 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #7,863 in Retail Trade (9,519 peers)

Coverage in Minnesota

Scherer Bros Lumber Co 401(k) Plan for Production Employees covers 150 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $15M.

#7,863
in Retail Trade (9,519 peers)
-20.0%
assets change YoY

The plan reported a net loss of $4M 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) Plan for Production Employees's outsized position by total assets

Scherer Bros Lumber Co 401(k) Plan for Production Employees vs every filed plan by assets

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

$14,740,428 Top 28% higher than 72% 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) Plan for Production Employees 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) Plan for Production Employees sits mid-pack in the medium band (150 participants).

EBSA filing schedule strip

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

Scherer Bros Lumber Co 401(k) Plan for Production Employees · $15M · 150 · 72nd

  • 5500 $15M
  • ASSETS 150
  • PCT 72nd
  • EIN 401(k)
  • RANK near Hmtx Industries LLC 401(k) Plan
  • PHOTO ind #7863

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) Plan for Production Employees in the asset neighbourhood

Scherer Bros Lumber Co 401(k) Plan for Production EmployeesScherer Bros Lumber Co 401(k…$15MHmtx Industries LLC 401(k) PlanHmtx Industries LLC 401(k) P…$15MSei-Group 401(k) Plan and TrustSei-Group 401(k) Plan and Tr…$15MLifemed Alaska, LLC 401(k) Profit Sharing Plan and TrustLifemed Alaska, LLC 401(k) P…$15MValdosta Family Medicine Associates, P.C. 401(k) Profit Sharing PlanValdosta Family Medicine Ass…$15M
End-of-year total assets ($M) among Scherer Bros Lumber Co 401(k) Plan for Production Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$15M
Net Income-$4M
Employer EIN410678286
Plan Effective Date1987-06-01
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) Plan for Production Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Scherer Bros Lumber Co 401(k) Plan for Production Employees, Total assets ($B): 0.014740428 · Participants: 150Scherer Bros Lumber Co 401(k) Plan for Production EmployeesUnitedhealth 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) Plan for Production Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Scherer Bros Lumber Co 401(k) Plan for Production Employees side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Hmtx Industries LLC 401(k) Plan in CT ($15M); by covered participants it is American Office 401(k) Retirement Savings Plan in MD (150 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (150 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) Plan for Production Employees assets move in 2022? ▼
Scherer Bros Lumber Co 401(k) Plan for Production Employees declined sharply - down 20.0% during 2022, from $18M to $15M. Reported net income was -$4M.
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 401(k) plans are similar in size to Scherer Bros Lumber Co 401(k) Plan for Production Employees? ▼
Among 401(k) plans in other states, the closest by assets is Hmtx Industries LLC 401(k) Plan in CT ($15M, 162 participants).
Which 401(k) plans cover a similar participant headcount to Scherer Bros Lumber Co 401(k) Plan for Production Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is American Office 401(k) Retirement Savings Plan in MD (150 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.