ESOP · DOL Form 5500 · 2023
Bremer Financial Corporation ESOP
Data updated 2026-08-11
- $21M
- Total assets
- 1,479
- Participants
- 73rd
- Percentile by assets
- $14,145
- Avg per participant
Official DOL plan name: Bremer Financial Corporation Employee Stock Ownership Plan · Sponsored by Bremer Financial Corporation · Minnesota · Finance & Insurance
$21M in assets, 1,479 participants
Bremer Financial Corporation's Bremer Financial Corporation Employee Stock Ownership Plan reported $21M in total assets and 1,479 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.
- 73rd percentile by assets (of 127,072 plans)
- #5,347 in Finance & Insurance (8,869 peers)
Bremer Financial Corporation multi-year trail
Bremer Financial Corporation's plans moved +10.0% in assets from 2022 to 2024; this filing shows Bremer Financial Corporation Employee Stock Ownership Plan at $21M / 1,479 participants.
- $21M
- total plan assets (2023 EOY)
- 1,479
- covered participants
- 73rd
- percentile by assets (of 127,072 plans)
- $14,145
- avg assets per participant
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.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Bremer Financial Corporation Employee Stock Ownership Plan reported net income fell from $672K in the plan year 2022 filing to -$4M in the plan year 2023 filing.
- Bremer Financial Corporation Employee Stock Ownership Plan end-of-year assets fell from $25M in the plan year 2022 filing to $21M in the plan year 2023 filing.
- Bremer Financial Corporation Employee Stock Ownership Plan reported participants fell from 1,607 in the plan year 2022 filing to 1,479 in the plan year 2023 filing.
Bremer Financial Corporation across 3 plan years on file
Across the 3 plan years Bremer Financial Corporation has on file (2022-2024), sponsor-wide plan assets have moved from $635M to $699M, a gain of 10.0%, while reported participants moved from 4,468 to 4,217 (-5.6%). Peak year by sponsor assets: 2024 ($699M); trough: 2022 ($635M).
Bremer Financial Corporation multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 4,468 | $635M |
| 2023 | 3 | 4,234 | $692M |
| 2024 | 3 | 4,217 | $699M |
Bremer Financial Corporation filing trail (2023)
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $21M |
| Net Income | -$4M |
| Employer EIN | 410715583 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Bremer Financial Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
- Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $498M · 789
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
- Force America Inc. Employee Stock Ownership Plan $427M · 412
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Bremer Financial Corporation Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Bremer Financial Corporation Employee Stock Ownership Plan's numbers.
- By total assets, Bremer Financial Corporation 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
- Bremer Financial Corporation's sponsor-wide assets have grown 10.0% since 2022 across 3 plan years on file. More Finance & Insurance plans