ESOP · DOL Form 5500 · 2023
The Bernard Group Inc. ESOP
Data updated 2026-08-11
- $116M
- Total assets
- 663
- Participants
- 92nd
- Percentile by assets
- $175,566
- Avg per participant
Official DOL plan name: The Bernard Group Inc. Employee Stock Ownership Plan · Sponsored by The Bernard Group Inc. · Minnesota · Professional & Technical Services
$116M in assets, 663 participants
The Bernard Group Inc.'s The Bernard Group Inc. Employee Stock Ownership Plan reported $116M in total assets and 663 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 127,072 plans)
- #18,985 in Professional & Technical Services (20,321 peers)
Where The Bernard Group Inc. Employee Stock Ownership Plan sits by assets
The Bernard Group Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $116M for 663 participants (~$175,566/participant), up 8.1% in 2023.
- $116M
- total plan assets (2023 EOY)
- 663
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- $175,566
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Bernard Group Inc. Employee Stock Ownership Plan reported net income fell from $33M in the plan year 2022 filing to $9M in the plan year 2023 filing.
- The Bernard Group Inc. Employee Stock Ownership Plan reported participants rose from 601 in the plan year 2022 filing to 663 in the plan year 2023 filing.
- The Bernard Group Inc. Employee Stock Ownership Plan end-of-year assets rose from $108M in the plan year 2022 filing to $116M in the plan year 2023 filing.
The Bernard Group Inc. Employee Stock Ownership Plan vs the 2023 asset distribution
By assets, The Bernard Group Inc. Employee Stock Ownership Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $108M |
|---|---|
| Net Assets (End of Year) | $111M |
| Net Income | $9M |
| Employer EIN | 411944077 |
| Plan Effective Date | 2013-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Bernard Group Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,344 | $143M |
| 2023 | 2 | 1,487 | $164M |
| 2024 | 2 | 1,651 | $181M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
The Bernard Group Inc. 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 The Bernard Group Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on The Bernard Group Inc. Employee Stock Ownership Plan's numbers.
- By total assets, The Bernard Group Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
- The Bernard Group Inc.'s sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Professional & Technical Services plans