ESOP · DOL Form 5500 · 2024

Scherer Bros Lumber Co ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
173
Participants Small participant base
63rd
Percentile by assets National rank
$81,801
Avg per participant Below avg balance/head
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Official DOL plan name: Scherer Bros. Lumber Co. Employee Stock Ownership Plan · Sponsored by Scherer Bros Lumber Co · Minnesota · Retail Trade

$14M in assets, 173 participants

Scherer Bros Lumber Co's Scherer Bros. Lumber Co. Employee Stock Ownership Plan reported $14M in total assets and 173 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #5,969 in Retail Trade (8,048 peers)

Coverage in Minnesota

Scherer Bros. Lumber Co. Employee Stock Ownership Plan covers 173 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#5,969
in Retail Trade (8,048 peers)
+8.0%
assets growth YoY

Scherer Bros. Lumber Co. Employee Stock Ownership Plan's mid-pack asset rank among Retail Trade and all filers

Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs every filed plan by assets

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

$14,151,551 Top 37% higher than 63% 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. Employee Stock Ownership 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. Scherer Bros. Lumber Co. Employee Stock Ownership Plan sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scherer Bros. Lumber Co. Employee Stock Ownership Plan reported net income rose from $295K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Scherer Bros. Lumber Co. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2023 filing to $14M 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 · ESOP

Scherer Bros. Lumber Co. Employee Stock Ownership Plan · $14M · 173 · 63rd

  • SCH $14M
  • EBSA 173
  • PART 63rd
  • TYPE ESOP
  • NET near Mksk Employee Stock Ownership Plan
  • BOOK ind #5969

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 What is an ESOP? → · Plans in Minnesota →

Scherer Bros. Lumber Co. Employee Stock Ownership Plan in the asset neighbourhood

Tf Publishing Employee Stock Ownership PlanTf Publishing Employee Stock…$14MScherer Bros. Lumber Co. Employee Stock Ownership PlanScherer Bros. Lumber Co. Emp…$14MMksk Employee Stock Ownership PlanMksk Employee Stock Ownershi…$14MFraley & Schilling Holdings, Inc. Employee Stock Ownership Plan and TrustFraley & Schilling Holdings,…$14MInvariant Corporation Employee Stock Ownership PlanInvariant Corporation Employ…$14M
End-of-year total assets ($M) among Scherer Bros. Lumber Co. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN410678286
Plan Effective Date1992-04-01
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 ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Scherer Bros. Lumber Co. Employee Stock Ownership Plan, Total assets ($M): 14.151551 · Participants: 173Scherer Bros. Lumber Co. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Scherer Bros. Lumber Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Scherer Bros. Lumber Co. Employee Stock Ownership Plan side-by-side with 3 peers →

Scherer Bros. Lumber Co. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Mksk Employee Stock Ownership Plan in OH ($14M); by covered participants it is Thompson Solutions Group Employee Stock Ownership Plan in IA (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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. Employee Stock Ownership Plan assets move in 2024? ▼
Scherer Bros. Lumber Co. Employee Stock Ownership Plan grew at a solid clip - up 8.0% during 2024, from $13M to $14M. Reported net income was $1M.
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 ESOP plans are similar in size to Scherer Bros. Lumber Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mksk Employee Stock Ownership Plan in OH ($14M, 138 participants).
Which ESOP plans cover a similar participant headcount to Scherer Bros. Lumber Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Thompson Solutions Group Employee Stock Ownership Plan in IA (173 participants, $12M 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.