401(k) · DOL Form 5500 · 2023

Bgm Group, LLC 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
138
Participants Small participant base
77th
Percentile by assets National rank
$183,206
Avg per participant Above avg balance/head
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Official DOL plan name: Bgm Group Salary Savings Plan and Trust · Sponsored by Bgm Group, LLC · Minnesota · Professional & Technical Services

$25M in assets, 138 participants

Bgm Group, LLC's Bgm Group Salary Savings Plan and Trust reported $25M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,637 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Bgm Group Salary Savings Plan and Trust covers 138 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.

#15,637
in Professional & Technical Services (20,321 peers)
+14.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Bgm Group Salary Savings Plan and Trust's outsized position by total assets

Bgm Group Salary Savings Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$25,282,469 Top 23% higher than 77% of 127,068 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 2023

Bgm Group Salary Savings Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bgm Group Salary Savings Plan and Trust sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bgm Group Salary Savings Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Bgm Group Salary Savings Plan and Trust end-of-year assets rose from $22M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Bgm Group Salary Savings Plan and Trust reported participants rose from 124 in the plan year 2022 filing to 138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411421691 · Bgm Group, LLC PY 2023 · 401(k)

Bgm Group Salary Savings Plan and Trust · $25M · 138 · 77th

  • IND $25M
  • IND 138
  • IND 77th
  • IND 401(k)
  • IND near Lafayette Federal Credit Union 401(k) Plan
  • IND ind #15637

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Bgm Group Salary Savings Plan and Trust in the asset neighbourhood

Bgm Group Salary Savings Plan and TrustBgm Group Salary Savings Pla…$25MLafayette Federal Credit Union 401(k) PlanLafayette Federal Credit Uni…$25MInnovation Industries, Inc. 401(k) Plan and TrustInnovation Industries, Inc. …$25MKansas Heart Hospital, L.L.C. Employees Savings TrustKansas Heart Hospital, L.L.C…$25MAcadia Realty Trust 401(k) Savings and Retirement PlanAcadia Realty Trust 401(k) S…$25M
End-of-year total assets ($M) among Bgm Group Salary Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN411421691
Plan Effective Date1988-04-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Bgm Group, LLC)

Sponsor-wide plan assets over time

All Bgm Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$30M 35.88830867779353% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.2M $30.1M ▲ +35.9%
Year Plans Participants Total Assets
2022 1 124 $22M
2023 1 138 $25M
2024 1 146 $30M

Nearby 401(k) Plans in Minnesota

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

Bgm Group Salary Savings Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Bgm Group Salary Savings Plan and Trust, Total assets ($B): 0.025282469 · Participants: 138Bgm Group Salary Savings Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Bgm Group Salary Savings Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Bgm Group Salary Savings Plan and Trust side-by-side with 3 peers →

Bgm Group Salary Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Lafayette Federal Credit Union 401(k) Plan in MD ($25M); by covered participants it is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bgm Group Salary Savings Plan and Trust assets move in 2023? ▼
Bgm Group Salary Savings Plan and Trust grew at a solid clip - up 14.0% during 2023, from $22M to $25M. Reported net income was $3M.
How have Bgm Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bgm Group, LLC's sponsor-wide assets grew 35.9%, from $22M to $30M.
Where does Bgm Group Salary Savings Plan and Trust rank by assets among Form 5500 filers? ▼
Bgm Group Salary Savings Plan and Trust ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bgm Group Salary Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Lafayette Federal Credit Union 401(k) Plan in MD ($25M, 145 participants).
Which 401(k) plans cover a similar participant headcount to Bgm Group Salary Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants, $28M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411421691.

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.