Profit Sharing · DOL Form 5500 · 2024

Bertram Electric, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
11
Participants Small participant base
27th
Percentile by assets National rank
$145,972
Avg per participant Above avg balance/head
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Official DOL plan name: Bertram Electric Inc Profit Sharing Plan · Sponsored by Bertram Electric, Inc. · Minnesota · Construction

$2M in assets, 11 participants

Bertram Electric, Inc.'s Bertram Electric Inc Profit Sharing Plan reported $2M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,338 in Construction (9,039 peers)

Bertram Electric, Inc. multi-year trail

Bertram Electric, Inc.'s plans moved +70.3% in assets from 2022 to 2024; this filing shows Bertram Electric Inc Profit Sharing Plan at $2M / 11 participants.

#2,338
in Construction (9,039 peers)
+21.5%
assets growth YoY

Bertram Electric Inc Profit Sharing Plan among the smaller filed plans by assets

Bertram Electric Inc Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,605,696 27th percentile higher than 27% of 123,620 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 2024

Bertram Electric Inc Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bertram Electric Inc Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bertram Electric Inc Profit Sharing Plan reported net income fell from $379K in the plan year 2023 filing to $284K in the plan year 2024 filing.
  • Bertram Electric Inc Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Bertram Electric Inc Profit Sharing Plan reported participants rose from 10 in the plan year 2023 filing to 11 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411354836 · Bertram Electric, Inc. PY 2024 · Profit Sharing

Bertram Electric Inc Profit Sharing Plan · $2M · 11 · 27th

  • EBSA $2M
  • EBSA 11
  • EBSA 27th
  • EBSA Profit Sharing
  • EBSA near Coreplus Savings & Retirement Plan
  • EBSA ind #2338

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 Construction retirement plans → · Plans in Minnesota →

Bertram Electric Inc Profit Sharing Plan in the asset neighbourhood

Bertram Electric Inc Profit Sharing PlanBertram Electric Inc Profit …$2MCoreplus Savings & Retirement PlanCoreplus Savings & Retiremen…$2MWork, Inc. Profit Sharing PlanWork, Inc. Profit Sharing Pl…$2MDiaz Empire Retirement Plan$2MTns Holdings, Inc. Retirement PlanTns Holdings, Inc. Retiremen…$2M
End-of-year total assets ($M) among Bertram Electric Inc Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Bertram Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bertram Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 70.30039422565999% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M 202220232024 $0.94M $1.61M ▲ +71.3%
Year Plans Participants Total Assets
2022 1 10 $943K
2023 1 10 $1M
2024 1 11 $2M

Bertram Electric, Inc. filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$284K
Employer EIN411354836
Plan Effective Date1987-03-31
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Minnesota

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

Bertram Electric Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Bertram Electric Inc Profit Sharing Plan, Total assets ($B): 0.001605696 · Participants: 11Bertram Electric Inc Profit Sharing PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Bertram Electric Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Bertram Electric Inc Profit Sharing Plan side-by-side with 3 peers →

Bertram Electric Inc Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Coreplus Savings & Retirement Plan in PR ($2M); by covered participants it is Capital Craftsmen, Inc. Profit Sharing Plan in NY (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (11 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bertram Electric Inc Profit Sharing Plan assets move in 2024? ▼
Bertram Electric Inc Profit Sharing Plan grew sharply - up 21.5% during 2024, from $1M to $2M. Reported net income was $284K.
How have Bertram Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bertram Electric, Inc.'s sponsor-wide assets grew 70.3%, from $943K to $2M.
Which Profit Sharing plans are similar in size to Bertram Electric Inc Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Coreplus Savings & Retirement Plan in PR ($2M, 104 participants).
Which Profit Sharing plans cover a similar participant headcount to Bertram Electric Inc Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Capital Craftsmen, Inc. Profit Sharing Plan in NY (11 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411354836.

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.