401(k) · DOL Form 5500 · 2023

Bremer Financial Corporation 401(k) Plan

Data updated 2026-08-11

$334M
Total assets: 1,436
Participants: 96th
Percentile by assets: $232,497
Avg per participant

Official DOL plan name: Bremer 401(k) Plan · Sponsored by Bremer Financial Corporation · Minnesota · Finance & Insurance

$334M in assets, 1,436 participants

Bremer Financial Corporation's Bremer 401(k) Plan reported $334M in total assets and 1,436 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,346 in Finance & Insurance (8,869 peers)

Where Bremer 401(k) Plan sits by assets

Bremer 401(k) Plan sits in the top 5% of all filed plans by assets, $334M for 1,436 participants (~$232,497/participant), up 12.6% in 2023.

$334M
total plan assets (2023 EOY): 1,436
covered participants: 96th
percentile by assets (of 127,072 plans): $232,497
avg assets per participant

Where Bremer 401(k) Plan sits by total assets

Bremer 401(k) Plan vs every filed plan by assets

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

$333,865,423 Top 4% higher than 96% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Bremer 401(k) Plan reported net income rose from -$45M in the plan year 2022 filing to $37M in the plan year 2023 filing.
Bremer 401(k) Plan end-of-year assets rose from $297M in the plan year 2022 filing to $334M in the plan year 2023 filing.
Bremer 401(k) Plan reported participants fell from 1,561 in the plan year 2022 filing to 1,436 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Finance & Insurance

Bremer 401(k) Plan vs the 2023 asset distribution

By assets, Bremer 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$297M
Net Assets (End of Year)	$334M
Net Income	$37M
Employer EIN	410715583
Plan Effective Date	1967-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bremer Financial Corporation)

Total plan assets by year, all Bremer Financial Corporation plans on file

Year	Plans	Participants	Total Assets
2022	3	4,468	$635M
2023	3	4,234	$692M
2024	3	4,217	$699M

Nearby 401(k) Plans in Minnesota

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

Bremer 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Bremer 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bremer 401(k) Plan by total assets, not by location.

Global Infrastructure Savings Plan (CA) $334M · 959
Oasis 401(k) Plan (MA) $334M · 1,934
Fisher & Phillips LLP Savings and Profit Sharing Plan (GA) $334M · 1,050
Big Lots Savings Plan (OH) $334M · 23,821

Frequently Asked Questions

How did Bremer 401(k) Plan assets move in 2023? ▼

Bremer 401(k) Plan grew at a solid clip - up 12.6% during 2023, from $297M to $334M. Reported net income was $37M.

How have Bremer Financial Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bremer Financial Corporation's sponsor-wide assets grew 10.0%, from $635M to $699M.

Where does Bremer 401(k) Plan rank by assets among Form 5500 filers? ▼

Bremer 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Bremer 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Global Infrastructure Savings Plan in CA ($334M, 959 participants).

Next read for Bremer 401(k) Plan

Scale reading

Ways to act on Bremer 401(k) Plan's numbers.

By total assets, Bremer 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Bremer Financial Corporation's sponsor-wide assets have grown 10.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 410715583.