ESOP · DOL Form 5500 · 2023

Scherer Bros Lumber Co ESOP

Data updated 2026-08-11

$13M
Total assets: 172
Participants: 64th
Percentile by assets: $76,167
Avg per participant

Official DOL plan name: Scherer Bros. Lumber Co. Employee Stock Ownership Plan · Sponsored by Scherer Bros Lumber Co · Minnesota · Retail Trade

$13M in assets, 172 participants

Scherer Bros Lumber Co's Scherer Bros. Lumber Co. Employee Stock Ownership Plan reported $13M in total assets and 172 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

64th percentile by assets (of 127,072 plans)
#6,316 in Retail Trade (8,414 peers)

Coverage in Minnesota

Scherer Bros. Lumber Co. Employee Stock Ownership Plan covers 172 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

$13M
total plan assets (2023 EOY): 172
covered participants: 64th
percentile by assets (of 127,072 plans): $76,167
avg assets per participant

Scherer Bros. Lumber Co. Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to $295K in the plan year 2023 filing.
Scherer Bros. Lumber Co. Employee Stock Ownership Plan reported participants fell from 230 in the plan year 2022 filing to 172 in the plan year 2023 filing.
Scherer Bros. Lumber Co. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Retail Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Scherer Bros. Lumber Co. Employee Stock Ownership Plan reports 172 participants - about 15% of that state average ($13M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$13M
Net Assets (End of Year)	$13M
Net Income	$295K
Employer EIN	410678286
Plan Effective Date	1992-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Scherer Bros Lumber Co)

Total plan assets by year, all Scherer Bros Lumber Co plans on file

Year	Plans	Participants	Total Assets
2022	3	544	$67M
2023	3	474	$75M
2024	3	502	$79M

Nearby ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Scherer Bros. Lumber Co. 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

Compare Scherer Bros. Lumber Co. Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Scherer Bros. Lumber Co. Employee Stock Ownership Plan by total assets, not by location.

Oakdell Egg Farms Inc Employee Stock Ownership Plan (UT) $13M · 124
Employees Stock Ownership Plan of Emory Wilson Process, Inc. (SC) $13M · 57
Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan (CA) $13M · 86
Bcp Securities, Inc. Employee Stock Ownership Plan (CT) $13M · 41

Frequently Asked Questions

How did Scherer Bros. Lumber Co. Employee Stock Ownership Plan assets move in 2023? ▼

Scherer Bros. Lumber Co. Employee Stock Ownership Plan edged up modestly - up 2.3% during 2023, from $13M to $13M. Reported net income was $295K.

How have Scherer Bros Lumber Co plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Scherer Bros Lumber Co's sponsor-wide assets grew 17.9%, from $67M to $79M.

Which ESOP plans are similar in size to Scherer Bros. Lumber Co. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Oakdell Egg Farms Inc Employee Stock Ownership Plan in UT ($13M, 124 participants).

Next read for Scherer Bros. Lumber Co. Employee Stock …

Filing takeaways

Ways to act on Scherer Bros. Lumber Co. Employee Stock Ownership Plan's numbers.

By total assets, Scherer Bros. Lumber Co. 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
Scherer Bros Lumber Co's sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Retail Trade 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 410678286.