ESOP · DOL Form 5500 · 2023

Scherer Bros Lumber Co ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
172
Participants Small participant base
64th
Percentile by assets National rank
$76,167
Avg per participant Below avg balance/head
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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.

  • #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.

#6,316
in Retail Trade (8,414 peers)
+2.3%
assets growth YoY

Scherer Bros. Lumber Co. Employee Stock Ownership Plan's mid-pack asset rank among Retail Trade and all filers

Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,100,768 Top 36% higher than 64% 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

Scherer Bros. Lumber Co. 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. Scherer Bros. Lumber Co. Employee Stock Ownership Plan sits mid-pack in the medium band (172 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

DOL schedule card

Filing strip 410678286 · Scherer Bros Lumber Co PY 2023 · ESOP

Scherer Bros. Lumber Co. Employee Stock Ownership Plan · $13M · 172 · 64th

  • IND $13M
  • EOY 172
  • 5500 64th
  • ASSETS ESOP
  • PCT near Oakdell Egg Farms Inc Employee Stock Ownership Plan
  • EIN ind #6316

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 →

Scherer Bros. Lumber Co. Employee Stock Ownership Plan in the asset neighbourhood

Oakdell Egg Farms Inc Employee Stock Ownership PlanOakdell Egg Farms Inc Employ…$13MEmployees Stock Ownership Plan of Emory Wilson Process, Inc.Employees Stock Ownership Pl…$13MBcp Securities, Inc. Employee Stock Ownership PlanBcp Securities, Inc. Employe…$13MScherer Bros. Lumber Co. Employee Stock Ownership PlanScherer Bros. Lumber Co. Emp…$13MLbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership PlanLbf Enterprises, Dba Powerma…$13M
End-of-year total assets ($M) among Scherer Bros. Lumber Co. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income$295K
Employer EIN410678286
Plan Effective Date1992-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scherer Bros Lumber Co)

Sponsor-wide plan assets over time

All Scherer Bros Lumber Co plans reported in each filing year

Latest sponsor-wide plan assets
$79M 17.92188897837532% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.7M $78.6M ▲ +17.9%
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 Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Scherer Bros. Lumber Co. Employee Stock Ownership Plan, Total assets ($M): 13.100768 · Participants: 172Scherer Bros. Lumber Co. 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
Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Scherer Bros. Lumber Co. Employee Stock Ownership Plan side-by-side with 3 peers →

Scherer Bros. Lumber Co. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Oakdell Egg Farms Inc Employee Stock Ownership Plan in UT ($13M); by covered participants it is Davidson Technologies, Inc. Employee Stock Ownership Plan in AL (172 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (172 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 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).
Which ESOP plans cover a similar participant headcount to Scherer Bros. Lumber Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Davidson Technologies, Inc. Employee Stock Ownership Plan in AL (172 participants, N/A 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 410678286.

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.