BERGSTROM ELECTRIC, INC. ESOP

Plan Contact

  • Address: 3100 NORTH WASHINGTON STREET,GRAND FORKS,ND
  • Phone: (701) 775-8897

Plan General Information

BERGSTROM ELECTRIC, INC. ESOP Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BERGSTROM ELECTRIC, INC. ESOP is $18,019,088.00.This plan was established in 2012.

BERGSTROM ELECTRIC, INC. ESOP Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BERGSTROM ELECTRIC, INC. ESOP is 131

BERGSTROM ELECTRIC, INC. ESOP Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BERGSTROM ELECTRIC, INC. ESOP is $137,550.00

BERGSTROM ELECTRIC, INC. ESOP Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BERGSTROM ELECTRIC, INC. ESOP is approximately $7,049.00
Investing in this additonal $7,049.00 for 20 years would give you extra $451,157.00, assuming a 10% annual return.

BERGSTROM ELECTRIC, INC. ESOP Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BERGSTROM ELECTRIC, INC. ESOP is 25.45%.

BERGSTROM ELECTRIC, INC. ESOP Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BERGSTROM ELECTRIC, INC. ESOP is 24.21%. This measures the effectiveness of the plan participants' investments in the year.

BERGSTROM ELECTRIC, INC. ESOP Expense Ratio

In 2023, the investment and administrative expense ratio of BERGSTROM ELECTRIC, INC. ESOP is 0.00%.

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