401(k) · DOL Form 5500 · 2024
The Bernard Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $58M
- Total assets
- 893
- Participants
- 86th
- Percentile by assets
- $65,211
- Avg per participant
Official DOL plan name: The Bernard Group 401(k) Plan · Sponsored by The Bernard Group, Inc. · Minnesota · Professional & Technical Services
$58M in assets, 893 participants
The Bernard Group, Inc.'s The Bernard Group 401(k) Plan reported $58M in total assets and 893 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 123,622 plans)
- #17,478 in Professional & Technical Services (20,173 peers)
Where The Bernard Group 401(k) Plan sits by assets
The Bernard Group 401(k) Plan sits in the top quartile of all filed plans by assets, $58M for 893 participants (~$65,211/participant), up 22.5% in 2024.
- $58M
- total plan assets (2024 EOY)
- 893
- covered participants
- 86th
- percentile by assets (of 123,622 plans)
- $65,211
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Bernard Group 401(k) Plan end-of-year assets rose from $48M in the plan year 2023 filing to $58M in the plan year 2024 filing.
- The Bernard Group 401(k) Plan reported net income fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.
- The Bernard Group 401(k) Plan reported participants rose from 824 in the plan year 2023 filing to 893 in the plan year 2024 filing.
The Bernard Group 401(k) Plan vs the 2024 asset distribution
By assets, The Bernard Group 401(k) Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $48M |
|---|---|
| Net Assets (End of Year) | $58M |
| Net Income | $11M |
| Employer EIN | 411944077 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Bernard Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,344 | $143M |
| 2023 | 2 | 1,487 | $164M |
| 2024 | 2 | 1,651 | $181M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Bernard Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Bernard Group 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did The Bernard Group 401(k) Plan assets move in 2024? ▼
How have The Bernard Group, Inc. plan assets changed over time? ▼
Where does The Bernard Group 401(k) Plan rank by assets among Form 5500 filers? ▼
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Next read for The Bernard Group 401(k) Plan
Scale reading
Ways to act on The Bernard Group 401(k) Plan's numbers.
- By total assets, The Bernard Group 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- The Bernard Group, Inc.'s sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Professional & Technical Services plans