Plan Snapshot
- Plan Sponsor: Bremer Financial Corporation
- Sponsor EIN: 410715583
- Sponsor Address: 380 ST. PETER STREET, SUITE 500, ST. PAUL, MN, 551021321
- Plan Type: DB
- Total Participants: 1,225
- Total Assets: $336.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,225 | $336.5M | $0 | $0 |
| 2023 | 1,202 | $337.2M | $0 | $0 |
| 2022 | 1,250 | $314.0M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WILLIS TOWERS WATSON INC. | NONE | $402,852 | — | $402,852 |
| TOWER WATSON INVESTMENTS SERVICES, | NONE | $341,598 | — | $341,598 |
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON INC. — NONE
- EIDE BAILLY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $744,450
- Estimated Expense Ratio: 0.221% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,100,666 | — | $744,450 | — | — |
| 2023 | $1,070,584 | — | $731,633 | — | — |
| 2022 | $1,052,215 | — | — | — | $756,271 |