Bergstrom Automotive Management, Inc. 401(k) Plan: Login, Facts & Contact Information

Bergstrom Automotive Management, Inc. 401(k) Plan Facts

Plan name
BERGSTROM AUTOMOTIVE MANAGEMENT PROFIT SHARING 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BERGSTROM AUTOMOTIVE MANAGEMENT, INC.
Participants
146 (131 active employees)
Plan assets
$10,393,110 at Dec 31, 2024
Average account balance
$104,981 across 99 accounts
Employer contributions
$224,482 in plan year 2024 (29% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2001
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Apr 4, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $782,888 went into the plan in contributions, $224,482 of it from the employer (29%).
  • $857,311 was paid out to participants.
  • Investment and other income added $1.23 million.

How the Bergstrom Automotive Management, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019128$6.51 million$150,691$970,963
2020142$7.64 million$129,067$312,817
2021131$8.91 million$122,374$304,023
2022134$7.84 million$229,144$538,749
2023150$9.35 million$232,894$553,793
2024146$10.4 million$224,482$857,311

Bergstrom Automotive Management, Inc. 401(k) Contact Information

Phone
701-888-4362
Mailing address
PO BOX 987, DEVILS LAKE ND 583010987
Plan sponsor
BERGSTROM AUTOMOTIVE MANAGEMENT, INC.
Employer identification number (EIN)
45-0411177
Plan number
001

Questions about the Bergstrom Automotive Management, Inc. 401(k)

Does Bergstrom Automotive Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $224,482, 29% of all contributions.

Does the Bergstrom Automotive Management, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Bergstrom Automotive Management, Inc 401(k) plan?

146 participants at the start of plan year 2024, 131 of them active employees.

What is the average 401(k) balance at Bergstrom Automotive Management, Inc?

About $104,981 per account: $10.4 million in plan assets across 99 accounts with a balance at the end of plan year 2024.

Who manages the Bergstrom Automotive Management, Inc 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Bergstrom Automotive Management, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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