401(k) · DOL Form 5500 · 2024

Bremer Financial Corporation 401(k) Plan

Data updated 2026-08-11

$346M
Total assets
1,446
Participants
96th
Percentile by assets
$239,261
Avg per participant
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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.

  • 96th percentile by assets (of 123,622 plans)
  • #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.

$346M
total plan assets (2024 EOY)
1,446
covered participants
96th
percentile by assets (of 123,622 plans)
$239,261
avg assets per participant

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 →

Bremer 401(k) Plan vs the 2024 asset distribution

By assets, Bremer 401(k) Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.5x the national average plan size of $100M (721 average participants).

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)

$620M$640M$660M$680M$700M$720M 202220232024 $635M $699M ▲ +10.0%
Total plan assets by year, all Bremer Financial Corporation plans on file
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

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) PlanWells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Bremer 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bremer 401(k) Plan by total assets, not by location.

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).

Scale reading

Ways to act on Bremer 401(k) Plan's numbers.