Defined Benefit (Pension) · DOL Form 5500 · 2023

Bremer Financial Corporation Pension Plan

Data updated 2026-08-25

$337M
Total assets Above avg plan size
1,319
Participants Near avg headcount
96th
Percentile by assets National rank
$255,684
Avg per participant Above avg balance/head
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Official DOL plan name: Bremer Retirement Plan · Sponsored by Bremer Financial Corporation · Minnesota · Management of Enterprises

$337M in assets, 1,319 participants

Bremer Financial Corporation's Bremer Retirement Plan reported $337M in total assets and 1,319 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.

  • #998 in Management of Enterprises (1,137 peers)

Where Bremer Retirement Plan sits by assets

Bremer Retirement Plan sits in the top 5% of all filed plans by assets, $337M for 1,319 participants (~$255,684/participant), up 7.4% in 2023.

#998
in Management of Enterprises (1,137 peers)
+7.4%
assets growth YoY
3.4×
vs typical plan assets (national mean)

Bremer Retirement Plan's outsized position by total assets

Bremer Retirement Plan vs every filed plan by assets

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

$337,247,077 Top 4% higher than 96% 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

Bremer Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bremer Retirement Plan lands in the large band (1,319 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bremer Retirement Plan reported net income rose from -$151M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Bremer Retirement Plan end-of-year assets rose from $314M in the plan year 2022 filing to $337M in the plan year 2023 filing.
  • Bremer Retirement Plan reported participants rose from 1,300 in the plan year 2022 filing to 1,319 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410715583 · Bremer Financial Corporation PY 2023 · Defined Benefit (Pension)

Bremer Retirement Plan · $337M · 1,319 · 96th

  • EOY $337M
  • EOY 1,319
  • EOY 96th
  • EOY Defined Benefit (Pension)
  • EOY near Airconditioning and Refrigeration Industry Retirement Trust Fund
  • EOY ind #998

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 Management of Enterprises retirement plans → · Plans in Minnesota →

Bremer Retirement Plan in the asset neighbourhood

Cadence Retirement Plan and Trust AgreementCadence Retirement Plan and …$338MDefined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity FundDefined Benefit Plan of the …$338MBremer Retirement Plan$337MAirconditioning and Refrigeration Industry Retirement Trust FundAirconditioning and Refriger…$337MPension Plan for Salaried Employees of Continental Automotive, Inc. & Certain Affiliated CompaniesPension Plan for Salaried Em…$336M
End-of-year total assets ($M) among Bremer Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$314M
Net Assets (End of Year)$337M
Net Income$23M
Employer EIN410715583
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bremer Financial Corporation)

Sponsor-wide plan assets over time

All Bremer Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$699M 10.018525119425716% vs 2022
2024 filing year
$620M$640M$660M$680M$700M$720M 202220232024 $635M $699M ▲ +10.0%
Year Plans Participants Total Assets
2022 3 4,468 $635M
2023 3 4,234 $692M
2024 3 4,217 $699M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Bremer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Bremer Retirement Plan, Total assets ($B): 0.337247077 · Participants: 1319Bremer Retirement Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Bremer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Bremer Retirement Plan side-by-side with 3 peers →

Bremer Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Airconditioning and Refrigeration Industry Retirement Trust Fund in CA ($337M); by covered participants it is Resilient Floor Covering Pension Fund in CA (1,323 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,319 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 Bremer Retirement Plan assets move in 2023? ▼
Bremer Retirement Plan grew at a solid clip - up 7.4% during 2023, from $314M to $337M. Reported net income was $23M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Bremer Retirement 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 Defined Benefit (Pension) plans are similar in size to Bremer Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Airconditioning and Refrigeration Industry Retirement Trust Fund in CA ($337M, 1,653 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Bremer Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Resilient Floor Covering Pension Fund in CA (1,323 participants, $412M 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 410715583.

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.