401(k) · DOL Form 5500 · 2024

Bremer Financial Corporation 401(k) Plan

Data updated 2026-08-25

$346M
Total assets Above avg plan size
1,446
Participants Near avg headcount
96th
Percentile by assets National rank
$239,261
Avg per participant Above avg balance/head
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Official DOL plan name: Bremer 401(k) Plan · Sponsored by Bremer Financial Corporation · Minnesota · Finance & Insurance

$346M in assets, 1,446 participants

Bremer Financial Corporation's Bremer 401(k) Plan reported $346M in total assets and 1,446 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,002 in Finance & Insurance (8,549 peers)

Where Bremer 401(k) Plan sits by assets

Bremer 401(k) Plan sits in the top 5% of all filed plans by assets, $346M for 1,446 participants (~$239,261/participant), up 3.6% in 2024.

#8,002
in Finance & Insurance (8,549 peers)
+3.6%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Bremer 401(k) Plan's outsized position by total assets

Bremer 401(k) Plan vs every filed plan by assets

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

$345,972,094 Top 4% higher than 96% 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

Bremer 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bremer 401(k) Plan lands in the large band (1,446 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bremer 401(k) Plan reported net income fell from $37M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Bremer 401(k) Plan end-of-year assets rose from $334M in the plan year 2023 filing to $346M in the plan year 2024 filing.
  • Bremer 401(k) Plan reported participants rose from 1,436 in the plan year 2023 filing to 1,446 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410715583 · Bremer Financial Corporation PY 2024 · 401(k)

Bremer 401(k) Plan · $346M · 1,446 · 96th

  • TYPE $346M
  • TYPE 1,446
  • TYPE 96th
  • TYPE 401(k)
  • TYPE near Gruma Corporation Retirement Savings Plan
  • TYPE ind #8002

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Bremer 401(k) Plan in the asset neighbourhood

Direct Supply, Inc. 401(k) Retirement Savings PlanDirect Supply, Inc. 401(k) R…$346MGruma Corporation Retirement Savings PlanGruma Corporation Retirement…$346MBremer 401(k) Plan$346MO.C. Tanner Retirement & Savings PlanO.C. Tanner Retirement & Sav…$346MAlsco 401(k) Savings Plan$346M
End-of-year total assets ($M) among Bremer 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)$334M
Net Assets (End of Year)$346M
Net Income$12M
Employer EIN410715583
Plan Effective Date1967-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bremer Financial Corporation)

Sponsor-wide plan assets over time

All Bremer Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$699M 10.018525119425716% vs 2022
2024 filing year
$620M$640M$660M$680M$700M$720M 202220232024 $635M $699M ▲ +10.0%
Year Plans Participants Total Assets
2022 3 4,468 $635M
2023 3 4,234 $692M
2024 3 4,217 $699M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bremer 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Bremer 401(k) Plan, Total assets ($B): 0.345972094 · Participants: 1446Bremer 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
Bremer 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Gruma Corporation Retirement Savings Plan in TX ($346M); by covered participants it is Oxford Capital Group 401(k) Profit Sharing Plan in IL (1,446 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($346M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,446 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 Bremer 401(k) Plan assets move in 2024? ▼
Bremer 401(k) Plan edged up modestly - up 3.6% during 2024, from $334M to $346M. Reported net income was $12M.
How have Bremer Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bremer Financial Corporation's sponsor-wide assets grew 10.0%, from $635M to $699M.
Where does Bremer 401(k) Plan rank by assets among Form 5500 filers? ▼
Bremer 401(k) Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bremer 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gruma Corporation Retirement Savings Plan in TX ($346M, 8,752 participants).
Which 401(k) plans cover a similar participant headcount to Bremer 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oxford Capital Group 401(k) Profit Sharing Plan in IL (1,446 participants, $15M in assets).