401(k) · DOL Form 5500 · 2024

Building Restoration Corporation 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
166
Participants Small participant base
58th
Percentile by assets National rank
$68,261
Avg per participant Below avg balance/head
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Official DOL plan name: Brc Employee Retirement Plan · Sponsored by Building Restoration Corporation · Minnesota · Construction

$11M in assets, 166 participants

Building Restoration Corporation's Brc Employee Retirement Plan reported $11M in total assets and 166 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #5,114 in Construction (9,039 peers)

Coverage in Minnesota

Brc Employee Retirement Plan covers 166 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#5,114
in Construction (9,039 peers)
+7.6%
assets growth YoY

Brc Employee Retirement Plan's mid-pack asset rank among Construction and all filers

Brc Employee Retirement Plan vs every filed plan by assets

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

$11,331,280 Top 42% higher than 58% 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

Brc Employee Retirement 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. Brc Employee Retirement Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Brc Employee Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $797K in the plan year 2024 filing.
  • Brc Employee Retirement Plan end-of-year assets rose from $11M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Brc Employee Retirement Plan reported participants rose from 158 in the plan year 2023 filing to 166 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411518723 · Building Restoration Corporation PY 2024 · 401(k)

Brc Employee Retirement Plan · $11M · 166 · 58th

  • PART $11M
  • TYPE 166
  • NET 58th
  • BOOK 401(k)
  • VS-ST near Soundcloud 401(k) Plan
  • BOY ind #5114

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 Construction retirement plans → · Plans in Minnesota →

Brc Employee Retirement Plan in the asset neighbourhood

Brc Employee Retirement Plan$11MSoundcloud 401(k) Plan$11MMagna5 Ms Holdings LLC 401(k) PlanMagna5 Ms Holdings LLC 401(k…$11MPrym Consumer USA Inc. Savings and Investment PlanPrym Consumer USA Inc. Savin…$11MGlobal Wireless 401(k) Plan$11M
End-of-year total assets ($M) among Brc Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income$797K
Employer EIN411518723
Plan Effective Date1998-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Building Restoration Corporation)

Sponsor-wide plan assets over time

All Building Restoration Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$11M 40.082667871595916% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.09M $11.3M ▲ +40.0%
Year Plans Participants Total Assets
2022 1 145 $8M
2023 1 158 $11M
2024 1 166 $11M

Nearby 401(k) Plans in Minnesota

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

Brc Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Brc Employee Retirement Plan, Total assets ($B): 0.01133128 · Participants: 166Brc Employee Retirement 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
Brc Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Soundcloud 401(k) Plan in NY ($11M); by covered participants it is Awesome 401(k) Plan in CA (166 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Brc Employee Retirement Plan assets move in 2024?
Brc Employee Retirement Plan grew at a solid clip - up 7.6% during 2024, from $11M to $11M. Reported net income was $797K.
How have Building Restoration Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Building Restoration Corporation's sponsor-wide assets grew 40.1%, from $8M to $11M.
Which 401(k) plans are similar in size to Brc Employee Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Soundcloud 401(k) Plan in NY ($11M, 168 participants).
Which 401(k) plans cover a similar participant headcount to Brc Employee Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Awesome 401(k) Plan in CA (166 participants, $43M in assets).