ESOP · DOL Form 5500 · 2023

The Bernard Group Inc. ESOP

Data updated 2026-08-25

$116M
Total assets Near avg plan size
663
Participants Below avg headcount
92nd
Percentile by assets National rank
$175,566
Avg per participant Above avg balance/head
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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.

  • #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.

#18,985
in Professional & Technical Services (20,321 peers)
+8.1%
assets growth YoY
1.2×
vs typical plan assets (national mean)

The Bernard Group Inc. Employee Stock Ownership Plan's outsized position by total assets

The Bernard Group Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$116,400,000 Top 8% higher than 92% 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

The Bernard Group Inc. Employee Stock Ownership Plan 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. The Bernard Group Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (663 participants).

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411944077 · The Bernard Group Inc. PY 2023 · ESOP

The Bernard Group Inc. Employee Stock Ownership Plan · $116M · 663 · 92nd

  • ASSETS $116M
  • PCT 663
  • EIN 92nd
  • RANK ESOP
  • PHOTO near Big Sandy Furniture, Inc. Employee Stock Ownership Plan
  • IND ind #18985

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 What is an ESOP? → · Plans in Minnesota →

The Bernard Group Inc. Employee Stock Ownership Plan in the asset neighbourhood

R. M. Towill Corporation Employee Stock Ownership PlanR. M. Towill Corporation Emp…$116MThe Bernard Group Inc. Employee Stock Ownership PlanThe Bernard Group Inc. Emplo…$116MBig Sandy Furniture, Inc. Employee Stock Ownership PlanBig Sandy Furniture, Inc. Em…$116MDivcon Ems Austin, Inc. Employee Stock Ownership PlanDivcon Ems Austin, Inc. Empl…$116MSuperior Electric Great Lakes Company Employee Stock Ownership PlanSuperior Electric Great Lake…$116M
End-of-year total assets ($M) among The Bernard Group Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$108M
Net Assets (End of Year)$111M
Net Income$9M
Employer EIN411944077
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bernard Group Inc.)

Sponsor-wide plan assets over time

All The Bernard Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$181M 26.23630903114842% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $143M $181M ▲ +26.2%
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 Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants The Bernard Group Inc. Employee Stock Ownership Plan, Total assets ($M): 116.4 · Participants: 663The Bernard Group Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
The Bernard Group Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare The Bernard Group Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

The Bernard Group Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Big Sandy Furniture, Inc. Employee Stock Ownership Plan in OH ($116M); by covered participants it is Timberworks Employee Stock Ownership Plan in CA (664 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (663 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 The Bernard Group Inc. Employee Stock Ownership Plan assets move in 2023? ▼
The Bernard Group Inc. Employee Stock Ownership Plan grew at a solid clip - up 8.1% during 2023, from $108M to $116M. Reported net income was $9M.
How have The Bernard Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bernard Group Inc.'s sponsor-wide assets grew 26.2%, from $143M to $181M.
Where does The Bernard Group Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
The Bernard Group Inc. Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to The Bernard Group Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Big Sandy Furniture, Inc. Employee Stock Ownership Plan in OH ($116M, 436 participants).
Which ESOP plans cover a similar participant headcount to The Bernard Group Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Timberworks Employee Stock Ownership Plan in CA (664 participants, $50M 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 411944077.

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.