The Bernard Group, Inc. 401(k) Plan: Login, Facts & Contact Information

The Bernard Group, Inc. 401(k) Plan Facts

Plan name
THE BERNARD GROUP 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
THE BERNARD GROUP, INC.
Participants
986 (940 active employees)
Former employees with a balance
81
Plan assets
$58,233,122 at Dec 31, 2024
Average account balance
$75,432 across 772 accounts
Employer contributions
$2,301,606 in plan year 2024 (28% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2004
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 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.09 million went into the plan in contributions, $2.30 million of it from the employer (28%).
  • $3.87 million was paid out to participants.
  • Investment and other income added $6.58 million.
  • Administrative expenses were $108,415, about $140 per account.

How the The Bernard Group, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019705$23.0 million$1.29 million$803,199
2020731$29.7 million$1.31 million$1.98 million
20211,037$38.0 million$1.55 million$2.95 million
2022834$35.5 million$1.85 million$2.54 million
2023930$47.5 million$2.10 million$2.93 million
2024986$58.2 million$2.30 million$3.87 million

The Bernard Group, Inc. 401(k) Contact Information

Phone
952-479-6072
Mailing address
19011 LAKE DRIVE EAST, CHANHASSEN MN 553179322
Plan sponsor
THE BERNARD GROUP, INC.
Employer identification number (EIN)
41-1944077
Plan number
001

Questions about the The Bernard Group, Inc. 401(k)

Does The Bernard Group, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $2.30 million in employer contributions for plan year 2024.

Does the The Bernard Group, Inc 401(k) have automatic enrollment?

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

How many people are in the The Bernard Group, Inc 401(k) plan?

986 participants at the start of plan year 2024, 940 of them active employees, and 81 former employees who still had money in the plan.

What is the average 401(k) balance at The Bernard Group, Inc?

About $75,432 per account: $58.2 million in plan assets across 772 accounts with a balance at the end of plan year 2024.

Who manages the The Bernard Group, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The Bernard Group, Inc. How do I access my 401(k)?

Your account stays with Principal 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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