401(k) · DOL Form 5500 · 2024

The Bernard Group, Inc. 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
893
Participants Near avg headcount
86th
Percentile by assets National rank
$65,211
Avg per participant Low balance/head
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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.

  • #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.

#17,478
in Professional & Technical Services (20,173 peers)
+22.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

The Bernard Group 401(k) Plan's outsized position by total assets

The Bernard Group 401(k) Plan vs every filed plan by assets

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

$58,233,122 Top 14% higher than 86% 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

The Bernard Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Bernard Group 401(k) Plan sits mid-pack in the medium band (893 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411944077 · The Bernard Group, Inc. PY 2024 · 401(k)

The Bernard Group 401(k) Plan · $58M · 893 · 86th

  • EBSA $58M
  • EBSA 893
  • EBSA 86th
  • EBSA 401(k)
  • EBSA near Mitutoyo America Corp. Retirement Plan
  • EBSA ind #17478

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

The Bernard Group 401(k) Plan in the asset neighbourhood

Morton Community Bank 401(k) Retirement PlanMorton Community Bank 401(k)…$58MUrology Centers of Alabama, P.C. 401(k) Profit Sharing Retirement PlanUrology Centers of Alabama, …$58MThe Bernard Group 401(k) Plan$58MMitutoyo America Corp. Retirement PlanMitutoyo America Corp. Retir…$58MH.G. Fenton Company 401(k) PlanH.G. Fenton Company 401(k) P…$58M
End-of-year total assets ($M) among The Bernard Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$58M
Net Income$11M
Employer EIN411944077
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bernard Group, Inc.)

Sponsor-wide plan assets over time

All The Bernard Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$181M 26.23630903114842% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $143M $181M ▲ +26.2%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants The Bernard Group 401(k) Plan, Total assets ($B): 0.058233122 · Participants: 893The Bernard Group 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
The Bernard Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Bernard Group 401(k) Plan side-by-side with 3 peers →

The Bernard Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Mitutoyo America Corp. Retirement Plan in IL ($58M); by covered participants it is Salmon Health and Retirement in MA (893 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (893 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 The Bernard Group 401(k) Plan assets move in 2024? ▼
The Bernard Group 401(k) Plan grew sharply - up 22.5% during 2024, from $48M to $58M. Reported net income was $11M.
How have The Bernard Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bernard Group, Inc.'s sponsor-wide assets grew 26.2%, from $143M to $181M.
Where does The Bernard Group 401(k) Plan rank by assets among Form 5500 filers? ▼
The Bernard Group 401(k) Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Bernard Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mitutoyo America Corp. Retirement Plan in IL ($58M, 379 participants).
Which 401(k) plans cover a similar participant headcount to The Bernard Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Salmon Health and Retirement in MA (893 participants, $41M 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 411944077.

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.