401(k) · DOL Form 5500 · 2024

Scherer Bros Lumber Co 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
143
Participants Small participant base
67th
Percentile by assets National rank
$117,219
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Scherer Bros Lumber Co 401(k) Plan for Production Employees · Sponsored by Scherer Bros Lumber Co · Minnesota · Retail Trade

$17M in assets, 143 participants

Scherer Bros Lumber Co's Scherer Bros Lumber Co 401(k) Plan for Production Employees reported $17M in total assets and 143 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #6,233 in Retail Trade (8,048 peers)

Coverage in Minnesota

Scherer Bros Lumber Co 401(k) Plan for Production Employees covers 143 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $17M.

#6,233
in Retail Trade (8,048 peers)
+0.4%
assets growth YoY

Scherer Bros Lumber Co 401(k) Plan for Production Employees's outsized position by total assets

Scherer Bros Lumber Co 401(k) Plan for Production Employees vs every filed plan by assets

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

$16,762,358 Top 33% higher than 67% 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

Scherer Bros Lumber Co 401(k) Plan for Production Employees 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. Scherer Bros Lumber Co 401(k) Plan for Production Employees sits mid-pack in the medium band (143 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scherer Bros Lumber Co 401(k) Plan for Production Employees reported net income fell from $2M in the plan year 2023 filing to $61K in the plan year 2024 filing.
  • Scherer Bros Lumber Co 401(k) Plan for Production Employees reported participants rose from 139 in the plan year 2023 filing to 143 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410678286 · Scherer Bros Lumber Co PY 2024 · 401(k)

Scherer Bros Lumber Co 401(k) Plan for Production Employees · $17M · 143 · 67th

  • EIN $17M
  • RANK 143
  • PHOTO 67th
  • IND 401(k)
  • EOY near Intertape Polymer Corp. Menasha Union 401(k) Plan
  • 5500 ind #6233

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 Retail Trade retirement plans → · Plans in Minnesota →

Scherer Bros Lumber Co 401(k) Plan for Production Employees in the asset neighbourhood

Scherer Bros Lumber Co 401(k) Plan for Production EmployeesScherer Bros Lumber Co 401(k…$17MIntertape Polymer Corp. Menasha Union 401(k) PlanIntertape Polymer Corp. Mena…$17MLong's Jewelers, Ltd 401(k) Profit Sharing PlanLong's Jewelers, Ltd 401(k) …$17MSmart Sand, Inc. Retirement PlanSmart Sand, Inc. Retirement …$17MAmericare Systems, Inc. Retirement Savings PlanAmericare Systems, Inc. Reti…$17M
End-of-year total assets ($M) among Scherer Bros Lumber Co 401(k) Plan for Production Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$17M
Net Income$61K
Employer EIN410678286
Plan Effective Date1987-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scherer Bros Lumber Co)

Sponsor-wide plan assets over time

All Scherer Bros Lumber Co plans reported in each filing year

Latest sponsor-wide plan assets
$79M 17.92188897837532% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.7M $78.6M ▲ +17.9%
Year Plans Participants Total Assets
2022 3 544 $67M
2023 3 474 $75M
2024 3 502 $79M

Nearby 401(k) Plans in Minnesota

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

Scherer Bros Lumber Co 401(k) Plan for Production Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Scherer Bros Lumber Co 401(k) Plan for Production Employees, Total assets ($B): 0.016762358 · Participants: 143Scherer Bros Lumber Co 401(k) Plan for Production EmployeesWells 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
Scherer Bros Lumber Co 401(k) Plan for Production Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Scherer Bros Lumber Co 401(k) Plan for Production Employees side-by-side with 3 peers →

Scherer Bros Lumber Co 401(k) Plan for Production Employees's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Intertape Polymer Corp. Menasha Union 401(k) Plan in FL ($17M); by covered participants it is Blairex Laboratories, Inc. 401(k) in IN (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 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 Scherer Bros Lumber Co 401(k) Plan for Production Employees assets move in 2024? ▼
Scherer Bros Lumber Co 401(k) Plan for Production Employees held essentially flat - up 0.4% during 2024, from $17M to $17M. Reported net income was $61K.
How have Scherer Bros Lumber Co plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scherer Bros Lumber Co's sponsor-wide assets grew 17.9%, from $67M to $79M.
Which 401(k) plans are similar in size to Scherer Bros Lumber Co 401(k) Plan for Production Employees? ▼
Among 401(k) plans in other states, the closest by assets is Intertape Polymer Corp. Menasha Union 401(k) Plan in FL ($17M, 166 participants).
Which 401(k) plans cover a similar participant headcount to Scherer Bros Lumber Co 401(k) Plan for Production Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Blairex Laboratories, Inc. 401(k) in IN (143 participants, N/A 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 410678286.

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.