Bremer 401(K) Plan — Form 5500 plan (Bremer Financial Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Bremer 401(K) Plan is a benefit plan reported by Bremer Financial Corporation under EIN 41-0715583 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,037 participants and $333,865,423 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$333.9MPlan net assets, end of year$333,865,423
Participants2KCovered participants reported2,037
Assets / participant$163.9KComputed: assets ÷ participants$163,901 (computed)
Provider compensation$448.2K2 Schedule C provider row(s)$448,164
- Plan sponsor
- Bremer Financial Corporation
- EIN
- 41-0715583
- Plan number
- 002
- Plan type
- 2
- Location
- St. Paul, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,037 | H, C | 20241010070532NAL0035155568001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$333.9M total assets
Net assets$333.9MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $333,865,423
- Net assets (EOY)
- $333,865,423
- Net assets (BOY)
- $296,537,177
Income & contributions
- Employer contributions
- $6,177,609
- Participant contributions
- $13,399,998
- Total contributions
- $24,079,029
- Total income / additions
- $66,919,641
Expenses & distributions
- Benefits paid
- $29,139,927
- Administrative expenses
- $448,164
- Total expenses
- $29,591,395
- Net increase / (decrease)
- $37,328,246
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $440,664 | not reported in the loaded dataset | 2023 |
| Towers Watson Delaware Inc | NONE | $7,500 | not reported in the loaded dataset | 2023 |