Bremer Financial Corporation 401(k) Plan: Login, Facts & Contact Information

Bremer Financial Corporation 401(k) Plan Facts

Plan name
BREMER 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BREMER FINANCIAL CORPORATION
Participants
2,061 (1,435 active employees)
Former employees with a balance
562
Plan assets
$345,972,094 at Dec 31, 2024
Average account balance
$175,620 across 1,970 accounts
Employer contributions
$6,527,556 in plan year 2024 (29% of all contributions)
Recordkeeper
Schwab Retirement Plan Services,inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1967
✓ 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 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 26, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $22.4 million went into the plan in contributions, $6.53 million of it from the employer (29%).
  • $38.4 million was paid out to participants.
  • Investment and other income added $28.6 million.
  • Administrative expenses were $473,402, about $240 per account.

How the Bremer Financial Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,150$307.9 million$5.89 million$30.4 million
20202,071$344.4 million$5.97 million$23.6 million
20212,069$341.2 million$5.88 million$65.1 million
20222,059$296.5 million$5.97 million$27.1 million
20232,037$333.9 million$6.18 million$29.1 million
20242,061$346.0 million$6.53 million$38.4 million

Bremer Financial Corporation 401(k) Contact Information

Phone
651-702-2864
Mailing address
380 ST. PETER STREET, SUITE 500, ST. PAUL MN 551021321
Plan sponsor
BREMER FINANCIAL CORPORATION
Plan administrator
BREMER BANK, N.A.
Employer identification number (EIN)
41-0715583
Plan number
002

Questions about the Bremer Financial Corporation 401(k)

Does Bremer Financial Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $6.53 million, 29% of all contributions.

Does the Bremer Financial Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Bremer Financial Corporation 401(k) plan?

2,061 participants at the start of plan year 2024, 1,435 of them active employees, and 562 former employees who still had money in the plan.

What is the average 401(k) balance at Bremer Financial Corporation?

About $175,620 per account: $346.0 million in plan assets across 1,970 accounts with a balance at the end of plan year 2024.

Who manages the Bremer Financial Corporation 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Bremer Financial Corporation. How do I access my 401(k)?

Your account stays with Schwab Retirement Plan Services 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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