Defined Benefit (Pension) · DOL Form 5500 · 2024
Bremer Financial Corporation Pension Plan
Data updated 2026-07-24
- $337M
- Total assets
- 1,286
- Participants
- 96th
- Percentile by assets
- $261,686
- Avg per participant
Official DOL plan name: Bremer Retirement Plan · Sponsored by Bremer Financial Corporation · Minnesota · Management of Enterprises
$337M in assets, 1,286 participants
Bremer Financial Corporation's Bremer Retirement Plan reported $337M in total assets and 1,286 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 116,472 plans)
Where Bremer Retirement Plan sits by assets
Bremer Retirement Plan sits in the top 5% of all filed plans by assets, $337M for 1,286 participants (~$261,686/participant), down 0.2% in 2024.
- $337M
- total plan assets (2024 EOY)
- 1,286
- covered participants
- 96th
- percentile by assets (of 116,472 plans)
- $261,686
- avg assets per participant
The plan reported a net loss of $720K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bremer Retirement Plan reported net income fell from $23M in the plan year 2023 filing to -$720K in the plan year 2024 filing.
- Bremer Retirement Plan reported participants fell from 1,319 in the plan year 2023 filing to 1,286 in the plan year 2024 filing.
- Bremer Retirement Plan end-of-year assets fell from $337M in the plan year 2023 filing to $337M in the plan year 2024 filing.
Bremer Retirement Plan vs the 2024 asset distribution
By assets, Bremer Retirement Plan outranks 96% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $337M |
|---|---|
| Net Assets (End of Year) | $337M |
| Net Income | -$720K |
| Employer EIN | 410715583 |
| Plan Effective Date | 1985-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bremer Financial Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 4,468 | $635M |
| 2023 | 3 | 4,234 | $692M |
| 2024 | 3 | 4,217 | $699M |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Bremer Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Bremer Retirement Plan by total assets, not by location.
- Billerud Americas Corporation Employee Pension Plan (OH) $336M · 568
- Owens Corning Merged Retirement Plan (OH) $337M · 2,475
- Oneok, Inc. Retirement Plan (OK) $336M · 192
- Fox Valley & Vicinity Construction Workers Pension Fund (IL) $336M · 886
Frequently Asked Questions
How did Bremer Retirement Plan assets move in 2024? ▼
How have Bremer Financial Corporation plan assets changed over time? ▼
Where does Bremer Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Bremer Retirement Plan? ▼
Next read for Bremer Retirement Plan
Scale reading
Ways to act on Bremer Retirement Plan's numbers.
- By total assets, Bremer Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
- Bremer Financial Corporation's sponsor-wide assets have grown 10.0% since 2022 across 3 plan years on file. More Management of Enterprises plans
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 410715583.
Read our methodology - how this data is sourced, computed, and verified.